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PT Itsec Asia Tbk (CYBR) has signed a $60 million contract with PT Republik Technetronic Nusantara, a service provider for Indonesia's Ministry of Defense, to provide cybersecurity and AI training. The four-year agreement, executed through its subsidiary Itsec Cyber & AI Academy, will deliver training based on international standards and equip participants with practical skills to address global cyber threats.
PT Itsec Asia Tbk (CYBR), through its subsidiary PT ITSEC Cyber Academy (Itsec Cyber & AI Academy), has entered into a significant $60 million contract with PT Republik Technetronic Nusantara, a company serving Indonesia's Ministry of Defense. The agreement, signed on December 24, 2025, marks a major milestone in Itsec Asia's expansion into the government sector.
The contract encompasses a four-year training program focused on cybersecurity and artificial intelligence, with a curriculum developed according to international standards. The training aims to equip participants with both theoretical knowledge and practical skills to address contemporary cyber threats and AI developments. This initiative underscores Itsec Asia's growing expertise in the cybersecurity domain and its capacity to support national defense capabilities.
The $60 million contract represents a substantial revenue stream for Itsec Asia over the next four years. This partnership not only enhances the company's financial standing but also strengthens its position in the cybersecurity training market. The collaboration with a Ministry of Defense affiliate through PT Republik Technetronic Nusantara suggests potential for further government sector engagements and expands Itsec Asia's market reach.
$60 Million Contract Signing
Cybersecurity Training Program Launch