(AR.Net.AU) Australia’s cyber security solutions provider Quintessence Labs is among the handful of security specialists awarded contracts as part of the federal government’s Defence Innovation Hub program.
Minister for Defence Industry Melissa Price revealed on 16 June the details of eight new contracts worth more than $21 million, funded under the government’s flagship $640 million defence innovation program.
Canberra-based Quintessence Labs was granted a $1.7 million contract to develop a system that can rationalise multiple IT systems into one online environment. If successful, the technology could be used when both physical space and power options are limited.
To date, the federal government has supported more than $200 million worth of innovative projects through the Defence Innovation Hub, with more than 80 per cent of this investment directed to micro, small and medium-sized enterprises.