Hyprfire Secures $785K Grant for Global Cybersecurity Expansion
Hyprfire, a trailblazing cybersecurity company, has secured a substantial $785,322 Accelerating Commercialisation Grant from AusIndustry's Entrepreneurs' Programme. This recognition from the Australian Government's Department of Industry, Science, and Resources will fuel the development and expansion of Hyprfire's patented Network Detection and Response (NDR) solution, Firebug, enhancing its global cybersecurity capabilities.
Tim Jones, Hyprfire's Managing Director, expressed excitement about the grant's impact, stating it will significantly advance their mission and global expansion plans. The Federal Government's support is expected to strengthen Hyprfire's sovereign cybersecurity capabilities, enabling it to expand into key global markets such as the USA and Europe, further establishing its presence in the international cybersecurity landscape.
The $785,322 Accelerating Commercialisation Grant will enable Hyprfire to develop and expand its Firebug NDR solution, with the support of the Australian Government. This investment signals confidence in Hyprfire's potential and will facilitate its global growth, strengthening its position in the competitive cybersecurity market.
