SealingTech Achieves Record Production of Cyber-Fly-Away Kits in Q4

Rhea-AI Summary

Sealing Technologies (SealingTech), a Parsons company (NYSE: PSN), has achieved a significant milestone by delivering over 500 Cyber-Fly-Away kits to U.S. defense and intelligence customers, with record production numbers in Q4 2024. The production effort generated more than $26M in revenue for the quarter.

The Cyber-Fly-Away kits, developed in 2018 for the Department of Defense, are designed to enhance global full-spectrum cyber operations and address evolving cyber threats. The company focuses on providing innovative defensive cyber solutions with enhanced capability, storage, agility, and value for the U.S. military cyber mission.

Positive

• Record production of Cyber-Fly-Away kits in Q4 2024
• Generated over $26M in revenue in Q4 2024
• Milestone achievement of 500+ total kit deliveries

Negative

• None.

News Market Reaction

-5.15%

1 alert

-5.15% News Effect

On the day this news was published, PSN declined 5.15%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

The company has delivered more than 500 cyber kits in total

COLUMBIA, Md., Jan. 27, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and trusted partner in providing powerful edge computing hardware and cybersecurity solutions to protect U.S. national security and private enterprises, has successfully delivered more than 500 Cyber-Fly-Away kits to U.S. defense and intelligence customers, including record production numbers during its fiscal fourth quarter, ending Dec. 31, 2024.

SealingTech has successfully delivered more than 500 Cyber-Fly-Away kits to U.S. defense and intelligence customers.

The production effort contributed to more than $26M in revenue for the quarter.

"We take great pride in our ability to equip our customers with highly innovative defensive cyber solutions that push their mission forward," said Brandon Whalen, SealingTech CEO. "SealingTech delivers more for the U.S. military cyber mission: more capability, more storage, more agility, and more value. We're proud to continue delivering a leading cyber solutions platform to the national security enterprise and are one of the few companies capable of delivering this volume of Cyber-Fly-Away Kits rapidly and at scale."

Developed in 2018 for the DoD to enhance global full-spectrum cyber operations, SealingTech's Kits are tailored to proactively address evolving cyber threats and operational challenges. By continuing to refine and advance its solutions, the company remains focused on meeting the mission-critical needs of its customers through innovative technology, quality, and reliable delivery.

About Sealing Technologies 

Sealing Technologies, a Parsons Corporation company (NYSE: PSN), remains a trusted partner in providing powerful edge computing hardware and cybersecurity solutions to protect the federal government and private enterprises. Veteran-founded, SealingTech uses vast cyberspace experience and knowledge to provide cutting-edge research, engineering, and integration services that support the US and its allies. More information at Sealing Technologies.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sealingtech-achieves-record-production-of-cyber-fly-away-kits-in-q4-302361219.html

SOURCE Sealing Technologies

FAQ

How much revenue did PSN's SealingTech generate from Cyber-Fly-Away kits in Q4 2024?

SealingTech generated more than $26 million in revenue from Cyber-Fly-Away kit production in Q4 2024.

How many Cyber-Fly-Away kits has PSN's SealingTech delivered in total?

SealingTech has delivered more than 500 Cyber-Fly-Away kits to U.S. defense and intelligence customers.

When were PSN's SealingTech Cyber-Fly-Away kits first developed?

SealingTech's Cyber-Fly-Away kits were developed in 2018 for the Department of Defense.

What is the purpose of PSN's SealingTech Cyber-Fly-Away kits?

The kits are designed to enhance global full-spectrum cyber operations and proactively address evolving cyber threats for U.S. defense and intelligence customers.