Risk Intelligence A/S: Risk Intelligence signs agreement with a 10th NATO Member government client
Risk Intelligence A/S ("Risk Intelligence" or the "Company") announces today that the company has signed an agreement with a 10th NATO Member government client for access to the Risk Intelligence System.
Risk Intelligence has signed an agreement with a NATO member's Ministry of Defence to provide a package of regular intelligence reports and access to the Risk Intelligence System. As per many of these processes it has been an open process which concluded this week.
With the country concerned having significant maritime and energy companies, it has become increasingly important for their ministry of defence to have access to timely, accurate and unclassified intelligence regarding global maritime matters.
With the addition of this new government client, Risk Intelligence now has government clients in 10 NATO member countries including, among others, Denmark and USA. In some countries, there are up to three organisations using the Risk Intelligence System. In addition, Risk Intelligence has NATO as a client.
Jim Pascoe, CCO, Risk Intelligence says:
"Our new client is one that we've had lengthy discussions with, as ever it's a great endorsement to come out as a preferred provider from an open process. In particular, it was noted that we remain completely independent from other elements of maritime security provision which, in the client's view, meant our intelligence reporting was unbiased and reliable. We very much look forward to working with them and building a similar relationship that we have with many of our major governmental clients."
The Risk Intelligence System license will impact ARR from Q3 2024.
About Risk Intelligence
Risk Intelligence is a security risk intelligence provider delivering security threat and risk analysis to clients all over the world via the cloud-based Risk Intelligence System, as well as consulting services.
A large part of Risk Intelligence's clients is maritime, and these clients currently operate more than 15.7% of the global merchant fleet.
With its headquarters in Hellerup (Copenhagen), Denmark, an office in Singapore, and locations in North America, the dedicated staff of Risk Intelligence works in all major time zones to support their clients' operations. Since 2018, the company has been listed on the Spotlight Stock Exchange in Stockholm.
The Risk Intelligence System is a digital security intelligence solution developed in close collaboration with global businesses that are established within the fields of shipping, offshore, oil and gas. The digital solution is designed based on insights directly from customers and their needs as well as Risk Intelligence's experienced security risk analysts and developers' knowledge of intelligence and assessment needs.
The Risk Intelligence System offers clients a complete picture of immediate, short-, and medium-term security risks for coastal areas, ocean, port, and landside threats. The analysis is focused on insurgency, piracy, organised crime, activism, terrorism, military conflicts, and any interplay between these. Risk Intelligence identifies where serious events arise and presents an assessment of how great the threat is in each area, while at the same time providing 24/7/365 situational awareness with incident reports and alerts. This enables companies to evaluate both current and future security risks in real time and to minimise risks across their operations.
Disclaimer:
Risk Intelligence typically uses press releases to announce new clients or significant expansions of existing client contracts, in accordance with the wishes of those clients. However, there may be other business deals that Risk Intelligence chooses not to or cannot disclose through press releases. All deals classified as MAR will always be announced through press releases.