Cycurion Shares Are Up Today: What's Going On?

Cycurion Inc. CYCU shares are moving higher after the company announced an exclusive cybersecurity partnership with iQSTEL, a multinational firm operating in telecommunications, fintech, electric vehicles, and AI-driven solutions.

What To Know: The partnership grants Cycurion exclusive rights to provide its cybersecurity products and services to the U.S. telecommunications industry through iQSTEL's extensive network, while also expanding its footprint into high-tech international markets, including Europe, Latin America and the Middle East.

The deal marks a significant expansion for Cycurion, which has built a reputation for providing cybersecurity solutions to U.S. government agencies such as FEMA, TSA, and the U.S. Courts. By leveraging iQSTEL's global reach, Cycurion aims to bring its advanced security services to private-sector telecommunications and other high-growth industries. The companies plan to address key cybersecurity challenges, including regulatory compliance, a global shortage of security professionals, and the increasing threat of cyberattacks.

Kevin Kelly, CEO of Cycurion, emphasized that the collaboration will not only enhance cybersecurity for telecom providers but also create new revenue opportunities for both firms. iQSTEL's CEO, Leandro Iglesias, highlighted that cybersecurity is now an essential component of their high-margin technology offerings and that integrating Cycurion's solutions will strengthen client trust while driving business growth.

CYCU Price Action: Cycurion shares were up 2.39% at $3.43 at the time of writing, according to Benzinga Pro.

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