Bekanntmachung • Apr 26
Cybeats Technologies Corp. to Report Q4, 2025 Results on Apr 30, 2026 Cybeats Technologies Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2026 Bekanntmachung • Jan 19
Cybeats Technologies Corp. Announces Resignation of Medhanie Tekeste as Board of Directors, Effective January 12, 2026 Cybeats Technologies Corp. announced that Mr. Medhanie Tekeste has resigned from the Board of Directors of Cybeats, effective January 12, 2026. Bekanntmachung • Dec 05
Cybeats Technologies Corp. Announces Appointment of Cassie Crossley as Chair of the Cybeats Advisory Board Cybeats Technologies Corp. announced the appointment of Cassie Crossley as Chair of the Cybeats Advisory Board. Ms. Crossley is recognized globally as one of the foremost leaders in software supply chain security, with more than two decades of senior experience spanning cybersecurity, product security, and operational technology across multiple Fortune 100 organizations. She most recently served as Vice President of Supply Chain Security at Schneider Electric, where she led global SBOM adoption, secure software development initiatives, and enterprise-wide compliance programs aligned with emerging international regulations. Ms. Crossley is the author of 'Software Supply Chain Security: Securing the End-to-End Supply Chain for Software, Firmware, and Hardware' (O'Reilly Media) and is also a frequent contributor to international cybersecurity standards. Her leadership and deep domain expertise are expected to support Cybeats' continued expansion among enterprise and critical-infrastructure markets that are preparing for regulatory mandates such as the U.S. Executive Order 14028, the EU Cyber Resilience Act (CRA), and the accelerating global adoption of SBOM-driven risk management programs. Joining Cybeats' distinguished advisors, Ms. Crossley's appointment as Chair marks another milestone in strengthening Cybeats' technical and strategic leadership as demand accelerates across the energy, industrial, healthcare, telecom, and defense sectors. The Company believes that Ms. Crossley's leadership will support customer adoption, industry engagement, and product strategy as the SBOM market continues to scale. Bekanntmachung • Nov 14
Cybeats Technologies Corp. announced that it has received CAD 1.44 million in funding from Intelligent Fanatics Capital Management Llc On November 13, 2025. Cybeats Technologies Corp. announces that it has closed the transaction. Bekanntmachung • Nov 07
Cybeats Technologies Corp. announced that it expects to receive CAD 1.44 million in funding from Intelligent Fanatics Capital Management Llc Cybeats Technologies Corp. announced a non-brokered private placement to issue 12,000,000 common shares at an issue price of CAD 0.12 per common share for aggregate proceeds of CAD 1,440,000 on November 6, 2025. The transaction includes participation from new investor IFCM MicroCap Fund LP, a fund managed by Intelligent Fanatics Capital Management Llc. The private placement is expected to close in the next 30 days. The common shares to be issued in respect of the private placement will be subject to a hold period of four months and a day from closing in accordance with the policies of the Canadian Securities Exchange. Bekanntmachung • Aug 07
Cybeats Technologies Corp. announced that it has received CAD 3.237 million in funding On August 7, 2025, Cybeats Technologies Corp closed the transaction. The company issued 32,370,000 Units at a price of CAD 0.1 per unit for aggregate gross proceeds of CAD 3,237,000. Bekanntmachung • Jul 23
Cybeats Technologies Corp. announced that it expects to receive CAD 3 million in funding Cybeats Technologies Corp. announced a private placement on a best-effort basis for 30,000,000 units at a price of CAD 0.10 per Unit for aggregate gross proceeds of up to CAD 3,000,000 on July 22, 2025. Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one common share in the capital of the company at a price of CAD 0.15 per warrant share for a period of 24 months from the closing date. The securities issued under the listed issuer financing exemption will not be subject to a hold period pursuant to applicable Canadian securities laws. The offering is expected to close on or about July 31, 2025, or such other date as may be determined by the company and the agent and is subject to the company receiving all necessary regulatory approvals, including the approval of the CSE. Bekanntmachung • Jun 20
Cybeats Technologies Corp. Announces Resignation of Chris Malkhassian from the Board of Directors of the Company, Effective May 22, 2025 Cybeats Technologies Corp. announced that Chris Malkhassian has resigned from the Board of Directors of the Company, effective May 22, 2025. The Company thanks Mr. Malkhassian for his contributions, and wishes him all the best in his future endeavours. Bekanntmachung • Feb 06
Cybeats Technologies Corp. announced that it has received CAD 2.01386 million in funding On February 5, 2025, the company has completed the transaction. The company will issue 2,177,875 units at a price of CAD 0.16 per unit for gross proceeds of CAD 348,460. As part of the transaction, the company has raised CAD 2,013,860 in funding till date. Bekanntmachung • Feb 01
Cybeats Technologies Corp. Announces Appointment of Chris Malkhassian as New Independent Director Cybeats Technologies Corp. announced appointment of Chris Malkhassian as a new independent director to the Board of Directors, effective January 9, 2025. Board Change • Dec 30
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. Member of Advisory Board Chuck Brooks is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Bekanntmachung • Dec 04
Cybeats Technologies Corp. Announces Appointments to Advisory Board Cybeats Technologies Corp. announced the appointments of Kurt Callewaert and Bob Haack to the Cybeats Advisory Board. These distinguished industry leaders bring decades of experience in cybersecurity, regulatory compliance, and software supply chain management, further enhancing Cybeats' commitment to securing the global software ecosystem. The Cybeats Advisory Board was created in 2021, and comprises seasoned experts who provide strategic insights, market expertise, and guidance to support its vision and business objectives. The Company continues to expand the advisory board with diverse perspectives and deep industry knowledge which are instrumental in shaping its direction and ensuring the company stay ahead in a competitive landscape. Bob Haack is a leading expert in device security, driving innovative, scalable solutions across industries - including medical devices and the U.S. Department of Defense Risk Management Framework (RMF) - to protect connected systems, ensure compliance, and anticipate future challenges. Kurt Callewaert joins the advisory board of Cybeats following the recent partnership between Cybeats and Capyx, which leverages Cybeats' products to help businesses in Belgium and Luxembourg meet compliance requirements under the EU Cyber Resilience Act (CRA), NIS2, and DORA. Mr. Callewaert is the Business Line Director Cybersecurity of Capyx Belgium and founder &co-CEO of Capyx Luxemburg, a leading IT services provider focused on helping businesses meet compliance requirements in cybersecurity, particularly in the EU market. Based in Belgium, Kurt Callewaert is a leading authority in cybersecurity with over two decades of experience spanning academia and industry. As a lecturer at Howest University, he has spearheaded research in cybersecurity and software risk management. Kurt has also served as a trusted advisor to European policymakers, playing a key role in shaping frameworks like the EU CRA and ETSI IoT security standards. His deep understanding of European regulatory landscapes and practical applications will support Cybeats' expansion across Europe. Bob Haack is a highly accomplished cybersecurity specialist with a distinguished career in global health software security. Having held cyber program leadership roles at Fortune 500 companies, including Johnson &Johnson, Bob has extensive experience in addressing software supply chain vulnerabilities and implementing advanced risk mitigation strategies. His expertise in regulatory frameworks and legislative security requirements, including 542B of the FD&C Act and NIS2, aligns with Cybeats' mission to drive transparency, resilience, and security in the software supply chain. Bekanntmachung • Nov 18
Cybeats Technologies Corp. announced that it expects to receive CAD 5 million in funding Cybeats Technologies Corp. announced a non-brokered private placement offering of up to 31,250,000 units at a price of CAD 0.16 per Unit, for gross proceeds of up to CAD 5,000,000 on November 17, 2024. Each Unit consists of one common share and one Common Share purchase warrant. Each Warrant is exercisable into one Common Share at a price of CAD 0.22 per Common Share for a period of 24 months from the date of issuance. In connection with the Offering, the Company may pay certain eligible finders a cash fee of up to 7% of the gross proceeds raised in respect of the Offering from subscribers introduced by such finders to the Company. The Company may also issue to eligible finders such number of finder warrants equal to 7% of the number of Units sold under the Offering to subscribers introduced by such finders to the Company. Each Finder Warrant will entitle the holder to acquire one Common Share at an exercise price of CAD 0.22 per share for a period of 24 months following the date of issuance. Bekanntmachung • Oct 08
Cybeats Technologies Corp. announced that it expects to receive CAD 5 million in funding Cybeats Technologies Corp. announced a private placement to issue a minimum of 18,750,000 units and a maximum of 31,250,000 Units, at
a price of CAD 0.16 per Unit, for minimum gross proceeds of CAD 3,000,000 and maximum gross proceeds of CAD 5,000,000 on October 8, 2024. Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each Warrant is exercisable into one Common Share at a price of CAD 0.22 per Common Share for a period of 24 months from the date of issuance. The closing of the Offering may take place in one or more tranches, provided that the closing of the final tranche of the Offering will occur no later than November 21, 2024, being 45 days following the date hereof. In connection with the Offering, The Company may pay certain eligible finders a cash fee of up to 7% of
the gross proceeds raised. Reported Earnings • Sep 01
Second quarter 2024 earnings released: CA$0.019 loss per share (vs CA$0.038 loss in 2Q 2023) Second quarter 2024 results: CA$0.019 loss per share (improved from CA$0.038 loss in 2Q 2023). Revenue: CA$492.3k (up 115% from 2Q 2023). Net loss: CA$2.26m (loss narrowed 38% from 2Q 2023). New Risk • Jul 04
New major risk - Revenue and earnings growth Earnings have declined by 85% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Negative equity (-CA$3.7m). Earnings have declined by 85% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (CA$1.4m revenue, or US$1.1m). Market cap is less than US$100m (€13.2m market cap, or US$14.3m). New Risk • Jun 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-CA$957k). Revenue is less than US$1m (CA$878k revenue, or US$639k). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (€16.8m market cap, or US$18.0m). Bekanntmachung • May 08
Cybeats Unveils New Product at RSAC 2024 Cybeats Technologies Corp. to unveil its new BCA Marketplace, a product designed to aggregate leading 'Binary Composition Analysis' (BCA) and Software Bill of Materials (SBOM) vendors. This marketplace simplifies the purchasing process for organizations, offering high-quality SBOM generation tools in one centralized location. The Company officially launches the offering at RSAC 2024, and will be celebrating the announcement by co-sponsoring the 3rd Annual RSA SBOM Meetup on May 6, 2024. This first-ever community of leading BCA vendors, starting with CodeSecure who has already joined the Marketplace, will help users to fast-track their compliance. The addition of Cybeats' second product, on top of SBOM Studio, also provides the opportunity to strengthen industry ties with leading cybersecurity vendors and mutually benefit from streamlined access to customer needs. Building a More Secure Future, Together: Cybeats' BCA Marketplace unites industry-leading vendors, in order to empower organizations with a single, frictionless platform that provides democratized access to advanced software security solutions. Some highlights of the first-ever BCA Marketplace include: Instant Results: Generate high-quality SBOMs in minutes - Ready-Made Regulatory Compliance: SBOMs generated through the BCA Marketplace are designed to meet industry standards, accelerating user's path to compliance - Seamless Integration: Effortlessly generate SBOMs, improving compliance and efficiencies with no complex integration or technical expertise required. Bekanntmachung • Apr 13
Cybeats Technologies Corp. Announces Resignation of Yoav Raiter as Director Cybeats Technologies Corp. announced that Mr. Yoav Raiter has resigned as director of the Company, effective immediately. Bekanntmachung • Feb 20
Cybeats Technologies Corp. announced that it expects to receive CAD 1.5 million in funding Cybeats Technologies Corp announced non-brokered private placement financing to issue up to 10,000,000 units at issue price CAD 0.15 per Unit for gross proceeds of up to CAD 1,500,000 on February 19, 2024. Each Unit shall be comprised of one common share in the capital of the Company and one-half of one whole Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.20 per Common Share until the date that is 18 months from the date of issuance. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Bekanntmachung • Jan 26
Cybeats Technologies Corp. announced that it has received CAD 2.025 million in funding On January 25, 2024, Cybeats Technologies Corp. closed the transaction. The company now issued 12% 2,025 debenture units unsecured convertible debentures units at an issue price of CAD 1,000 per unit for the gross proceeds of CAD 2,025,000. Each Debenture Unit shall be comprised of one CAD 1,000 in principal amount of unsecured convertible debentures and 3,333 common share purchase warrants. Each Warrant shall entitle the holder to purchase one common share at an exercise price of CAD 0.40 per Warrant Share for a period of twenty-four months. The Principal Amount of the Debentures, and any accrued and unpaid interest, will mature and become due and payable in cash on the date that is 24 months from the Issue Date. The Principal Amount on the Debenture is convertible into common shares at the option of the holder, in whole or in part, at any time following the Issue Date at the conversion price of CAD 0.30 per Share. The securities issued in connection with the Offering are subject to a hold period of four months plus a day from the date of closing, pursuant to applicable securities laws. In connection with the Offering, the Company paid certain eligible finders a cash commission in the aggregate of CAD 3,150. Bekanntmachung • Dec 21
Cybeats Technologies Corp. announced that it expects to receive CAD 1.5 million in funding Cybeats Technologies Corp announced a non brokered private placement to issue 12% 1,500 unsecured convertible debentures units units at an issue price of CAD 1,000 per unit for the gross proceeds of CAD 1,500,000 on December 20, 2023. Each Debenture Unit shall be comprised of one CAD 1,000 in principal amount of unsecured convertible debentures and 3,333 common share purchase warrants. Each Warrant shall entitle the holder to purchase one common share at an exercise price of CAD 0.40 per Warrant Share for a period of twenty-four months. The Principal Amount of the Debentures, and any accrued and unpaid interest, will mature and become due and payable in cash on the date that is 24 months from the Issue Date. The Principal Amount owing under the Debentures will accrue interest from the date of issuance at 12% per annum, payable every twelve months in cash. The first interest payment will be made twelve months from the Issue Date and will consist of interest accrued from and including the Issue Date. The Principal Amount on the Debenture is convertible into common shares at the option of the holder, in whole or in part, at any time following the Issue Date at the conversion price of CAD 0.30 per Share upon conversion of the entire Principal Amount of the Debenture, the holder of the Debenture will receive any accrued and unpaid interest thereon from and including the period of the last interest payment date on the Debenture prior to the date of conversion to the date that is one business day prior to the date of conversion. The securities issued upon closing of the Offering will be subject to a hold period of four months plus a day from the date of closing, pursuant to applicable securities laws. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. Bekanntmachung • Nov 02
Cybeats Technologies Corp. Announces Executive Changes Cybeats Technologies Corp. Announced the appointment of Justin Leger1, MBA, as Chief Executive Officer. As incoming CEO, Mr. Leger's primary mandates are to drive the optimization and refinement of growing commercial operations, and to accelerate the company's foundation of dedicated U.S. infrastructure including corporate headquarters and listing on a senior U.S. exchange such as the NASDAQ. The appointment is effectiveimmediately. Justin's appointment as CEO follows the successful commercial launch of SBOM Studio, which is now the solution of choice for several of the world's largest infrastructure and medical device companies from the Fortune 500.1 Mr. Leger is an accomplished operator who has led businesses to winning and servicing complex G7 government contracts. He formerly served in the Special Operations Forces, and at Maximus Canada as Sr. Director of Business Performance. Justin's appointment as CEO follows the successful commercial launch of SBOM Studio, which is now the solution of choice for several of the world's largest infrastructure and medical device companies from the Fortune 500.1 Mr. Leger is an accomplished operator who has led businesses to winning and servicing complex G7 government contracts. He formerly served in the Special Operations Forces, and at Maximus Canada as Sr. Director of Business Performance. Mr. Leger will assume the CEO role from his previous position of Chief Operating Officer at Cybeats, held since March 2022. Having worked closely with Cybeats' technology and commercial divisions, he is well equipped to assume the CEO role to drive sales performance and business outcomes. Having held roles in the Special Operations Forces Command as well as senior executive, operational, and business development roles, Justin comes to this leadership position with the momentum, drive, and focus to deliver commercial results for Cybeats. Yoav Raiter was instrumental in the development and commercialization of the SBOM Studio2 product, bringing it to its leadership position in the SBOM management marketplace today. Mr. Raiter successfully navigated the spinout of the Company, and transformed the Software Bill of Materials (SBOM) project into a compelling and marketable product –SBOM Studio– that has earned validation from Fortune 500 customers. Yoav is stepping down from the role to focus his efforts on continued development as CEO of Scryb Inc. where Cybeats was developed and brought to market. Yoav Raiter will continue to contribute to Cybeats' as a special advisor and as a member of the Company's Board of Directors. New Risk • Sep 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$23m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$23m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (CA$561k revenue, or US$413k). Minor Risk Market cap is less than US$100m (€52.6m market cap, or US$56.6m). Bekanntmachung • Aug 17
Cybeats Technologies Corp. Appoints Chris Hughes to Its Advisory Board Cybeats Technologies Corp. appointed Chris Hughes, a renowned cybersecurity industry leader, to its Advisory Board. Chris co-founded Aquia Inc., and brings decades of cyber expertise to the Cybeats Advisory Board, including from areas such as cloud, DevSecOps, software supply chain security and software bill of materials (SBOM). Mr. Hughes is the author of the recently published book by Wiley titled "Software Transparency", which focuses on software supply chain security and SBOMs. Chris Hughes has 20 years of IT security experience, and is an Acceleration Economy Analyst focusing on Cybersecurity. Chris is the Co-Founder and current CISO of Aquia Inc., a platform specializing in cloud and cybersecurity professional services that aims to solve the world's most pressing and complex cybersecurity challenges. Chris also hosts a podcast, 'Resilient Cyber', which brings listeners discussions from a variety of Cybersecurity and Information Technology (IT) subject matter experts across the Public and Private domains from a variety of industries. Reported Earnings • Jun 01
First quarter 2023 earnings released: CA$0.013 loss per share (vs CA$0.13 loss in 1Q 2022) First quarter 2023 results: CA$0.013 loss per share (improved from CA$0.13 loss in 1Q 2022). Revenue: CA$218.0k (up CA$206.7k from 1Q 2022). Net loss: CA$1.19m (loss narrowed 4.1% from 1Q 2022). Recent Insider Transactions • May 30
Insider recently bought €84k worth of stock On the 26th of May, James Van Staveren bought around 108k shares on-market at roughly €0.77 per share. This transaction increased James Van Staveren's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Bekanntmachung • May 11
Cybeats Technologies Corp. announced that it has received CAD 6.221 million in funding On May 10, 2023, Cybeats Technologies Corp. closed the transaction. The company issued 4,109,000 units at an issue price of CAD 1 per Unit for gross proceeds of CAD 4,109,000 in second and final tranche. In total, an aggregate of 6,221,000 Units were issued for gross proceeds of CAD 6,211,000 through the completion of the two tranches of the transaction. Each Unit consists of one common share and one whole Common Share purchase warrant. Each Warrant shall be exercisable to acquire one Common Share at an exercise price of CAD 1.40 for a period of 24 months from the date of issuance. The Company paid certain eligible persons a cash commission in the aggregate of CAD 56,600 and an aggregate of 55,600 finder warrants. Each Finder Warrant is exercisable at a price of CAD 1.40 per Common Share until May 10, 2025. In addition, a Finder was issued 3,500 Units representing cash commission in the amount of CAD 3,500. Certain subscribers entered into share loan and pledge agreements with a certain existing shareholder of the Company, pursuant to which the Lender loaned to the Subscriber an aggregate of 1,549,500 Common Shares without resale restriction. Bekanntmachung • Feb 04
Cybeats Technologies Corp., Annual General Meeting, Feb 24, 2023 Cybeats Technologies Corp., Annual General Meeting, Feb 24, 2023, at 10:00 US Eastern Standard Time. Location: 217 Queen Street West, Suite 401 Toronto Ontario Canada Agenda: To receive and consider the audited consolidated financial statements of the company for the year ended December 31, 2021 and the report of the auditors thereon; to pass, with or without variation, an ordinary resolution fixing the number of directors of the company at five; to elect the directors of the company; to appoint the auditors of the company and to authorize the directors to fix their remuneration; to consider and, if deemed appropriate, to pass, with or without variation, an ordinary resolution approving the company's omnibus long term incentive plan; and to transact such other business as may properly come before the Meeting or any adjournments or postponements thereof. Bekanntmachung • Feb 03
Cybeats Technologies Corp. Enhances SBOM Studio with New Product Features, Expanding Market Opportunity Cybeats Technologies Corp. announced that current and prospective clients of SBOM Studio are now able to automatically generate VEX reports to determine which software vulnerabilities are high risk and exploitable, helping security teams prioritize software remediation and reduce significant time and cost. The Vulnerability Exploitability Exchange (VEX) offers crucial information about a products' vulnerabilities, and makes the use of Software Bill of Materials (SBOM) more efficient. By incorporating VEX with SBOM, deeper insights are gained into the number of vulnerabilities affecting a software component and its exploitability. Cybeats enhances the value and market potential of SBOM Studio by incorporating VEX capabilities, helping security teams and organizations better understand their cybersecurity risk landscape and providing the precise tools required to reduce those risks. VEX and SBOM combined provide a comprehensive view of the vulnerabilities present in an organization's software, allowing organizations to prioritize remediation efforts, receive updates on mitigation efforts, and access patches or updated versions. With SBOM Studio, organizations can combine VEX and SBOM at a reduced cost and with minimal manual labor, gaining valuable insights into cybersecurity risk management, compliance, and supply chain optimization. By using VEX, organizations can prioritize vulnerabilities based on immediate risk and receive recommended workarounds and streamlined access to patches. This helps organizations improve their cybersecurity posture and effectively manage risks, providing a more complete understanding of the threat environment. SBOM Studio currently supports VEX in CycloneDX format. Key capabilities of SBOM Studio's new VEX functionality include: Aggregate vulnerabilities for assessment; Vulnerability disposition workflow; Real-time security advisory using VEX Artifacts; and VEX Export and Sharing. SBOM Studio is already built to be agnostic to SBOM generation tools, meaning it can work with any tool to validate and correct imported SBOMs, improving the accuracy of SBOMs. It also simplifies the implementation process, speeds up vulnerability remediation, and automates SBOM management, ultimately improving the return on investment of SBOM adoption in an organization. With the addition of VEX functionality, key features of SBOM Studio now include: Automated SBOM Management; Accelerated Vulnerability Management; Improved Workflow for Security Operations; SBOM Sharing and Exchange Capabilities; Data-Driven Business Decisions; Regulatory Compliance and Licence Infringement; and VEX functionality. Bekanntmachung • Jan 19
Cybeats Technologies Corp. Appoints Damon Mark to the Position of Director of Sales Cybeats Technologies Corp. announced the appointment of Damon Mark to the position of Director of Sales. The appointment of the 20 year sales veteran is effective immediately, and supports the acceleration of commercial operations in the U.S., and specifically the automotive security sector. Mr. Mark comes with more than 20 years of sales experience and growing market share for companies across a diverse set of cybersecurity and software industries, and notably specializes in the automotive cybersecurity and smart building technology sectors. Damon graduated from Hillsdale with a Bachelor's Degree in Science and began his career in technical sales. He managed 30%, or USD 13 million of corporate sales at once Michigan-based Xycom automation. Mr. Mark successfully sold Trillium Secure's first product to a major North American OEM, and also sold Escrypt's first cybersecurity product to the energy market sector. Damon was previously a sales director for a global smart cities cybersecurity marketplace based in Waterloo, ON, and sold the first automotive cybersecurity product to a U.S.-based customer for a major Israeli cybersecurity company. Bekanntmachung • Jan 12
Cybeats Technologies Corp. Partner, Project Arrow, Unveils Electric Vehicle At CES in Las Vegas Cybeats Technologies Corp. reported on the unveiling of APMA's Project Arrow, the all- Canadian zero-emission electric concept vehicle, in Las Vegas at the Consumer Electronics Show (CES). Cybeats is honoured to be designated the 'Official SBOM Management Provider' of Project Arrow. Project Arrow, a strategic partner of Cybeats, debuted their highly anticipated electric vehicle at CES, showcasing its advanced technology and innovative design. The event was a major milestone for Project Arrow and solidified their position as a leader in the electric vehicle industry. As partners of the APMA, Canada's national association representing OEM producers of parts, equipment, tools, supplies, advanced technology, Cybeats gains access to the APMA partner network and commercial opportunities throughout the Canadian auto sector. APMA of Canada launched the first original, full-build, zero-emission concept vehicle named "Project Arrow." The all-Canadian concept vehicle is to be designed, engineered, and built through the joint efforts of the world-class automotive supply sector and post-secondary institutions in Canada. Answering the federal government's call for a zero-emissions future by 2050, Project Arrow brings together the best- in-class of Canada's electric-drive, alternative-fuel, connected, autonomous, and light-weight technology companies. As the North American market enters a new automotive era focused on "ACES" (autonomous, connected, electric, shared), Project Arrow is a lighthouse initiative that showcases the capability of Canada's world-class automotive supply sector by bringing together Canada's Tier 1 supply chain, auto-tech SMEs, and academic institutions. Project Arrow builds on the success of Canada's auto sector in advanced manufacturing with the goal of establishing a more value-added, technology-centered foundation to drive a new age of automotive. The initiative will encourage OEMs in Canada and elsewhere to invest in developing next-generation products and technologies within the Canadian auto tech ecosystem. Reported Earnings • Dec 11
Third quarter 2022 earnings released Third quarter 2022 results: CA$0.20 loss per share. Net loss: CA$1.81m (flat on 3Q 2021). Board Change • Dec 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Member of Strategic Advisory Board Duncan Sparrell was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.