Cybersecurity In Space? Accenture Invests In Virginia-Based SpiderOak

Accenture Plc ACN announces strategic investment in SpiderOak, a provider of zero-trust cybersecurity and resiliency solutions for next-generation space systems, through Accenture Ventures. Terms were not disclosed.
Based in Reston, Virginia, SpiderOak's OrbitSecure product suite delivers zero trust security to zero gravity environments.
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SpiderOak is the latest company to join Accenture Ventures' Project Spotlight, an engagement and investment program that targets emerging technology companies that can help fill strategic innovation gaps for the Global 2000.
Paul Thomas, Space Innovation Lead, Technology Innovation at Accenture, states, "Our work with SpiderOak is the start of an exciting journey to enable secure communications in space and combine SpiderOak's technology with solutions we are creating at Accenture, such as satellite communications, ground station as-a-service, remote IoT device-to-Satellite data, Space R&D and earth observation data."
Price Action: ACN shares are trading higher by 0.34% at $285.60 on the last check Thursday.