![]() ![]() ![]() "We are excited to become a publicly traded company and expect that we will continue to grow through both organic investments and strategic acquisitions. Cycurion provides clients with a unique integrated dashboard that allows C-Suite executives and management to monitor cyber threats in real time." We have a talented group of engineers, many with top-level security clearances. We established our reputation by providing mission-critical cybersecurity support to multiple Federal government agencies, which positions us well to expand our reach to the commercial market. "Since 2017, we have been singularly focused on providing cybersecurity solutions to federal, state and local governments, civilian, defense and judicial agencies, as well as commercial clients across various industries. This starts with understanding that cybersecurity protection and monitoring solutions are now table stakes." With the proliferation of cyber breaches and ransomware attacks and their material impact on organizations and reputations, Boards and C-Suite executives are being held accountable for oversight of cybersecurity risk. (the "Company" or "Cycurion") a leading provider of tech-enabled cybersecurity solutions, and Western Acquisition Ventures Corp.(Nasdaq:WAVS) ("Western"), a special purpose acquisition company, today announced they have entered into a definitive business combination agreement.Įmmit McHenry, Founder, Chairman and Chief Executive Officer, Cycurion said, "Cybersecurity solutions have never been more mission critical for organizations of all sizes and types around the world. MCLEAN, VA & NEW YORK, NY / ACCESSWIRE / Novem/ Cycurion, Inc. The transaction is expected to be completed in the first quarter of 2023.Combined company anticipated to have an implied initial enterprise value of approximately $170.44 million, and the transaction is expected to deliver cash proceeds of around $113.31 million to Cycurion (assuming no redemptions) to advance Cycurion's growth strategy fueling organic growth initiatives, investments in technologies and staff and strategic acquisitions and.Company will be led by veteran technology innovator, Emmit McHenry, CEO.Established base of blue-chip clients and partners supported by a highly skilled team of engineers, many with high-level security clearances.Cycurion's platform is built on a set of proprietary algorithms that provide multiple layers of protection from attacks that provides the C-Suite with real-time information on the organization's cyber posture.In addition, Cycurion offers the Cycurion ARx Security platform which is a multilayer software platform that consists of a Web Application Firewall, Bot Mitigation and Geo Gating Cycurion provides Managed Security, Managed IT and Consulting/Advisory services and solutions.Cycurion serves a massive market for cybersecurity solutions estimated at $174 billion with significant secular tailwinds for growth given the rapid proliferation and severity of cyber threats.Department of Housing and Urban Development (HUD), the Centers for Disease Control and Prevention (CDC), and the Substance Abuse and Mental Health Services Administration (SAMSHA) as well local Government and Private Sector Clients. Agency for International Development (USAID), the U.S. We collaborate with our clients, our partners, and the communities we serve to provide innovative, effective, and sustainable solutions that deliver a lasting impact for low income and vulnerable populations. With expertise in homelessness, housing & community development, environmental planning & compliance, land tenure, vulnerable populations, behavioral health, gender, food security, and economic development, Cloudburst provides services such as communications & knowledge management, technical assistance & capacity building, training, research & evaluation, data & analytics, disaster resiliency, and ICT4D (Information and Communications Technologies for Development). area, we work at the intersection of domestic and international development to improve social, economic, and environmental resilience. Founded in 2005 and headquartered in the Washington, D.C. The Cloudburst Group is a mission-driven, Economically Disadvantaged, Women-Owned Small Business (EDWOSB) whose staff strive to create impact, empower communities, and build resiliency. Cloudburst is a mission driven Women Owned Small Business working at the intersection of domestic and international development to improve social, economic, and environmental resilience. ![]()
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