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WhiteHawk Limited (ASX:WHK)

ALERT: Price-sensitive ASX Announcement for WHK
Current share price for WHK : $0.004 0 (0%)+
Announcement
Release
18 Aug 2026 9:28AM
Price at Release
$0.004
Full Release
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Summary
WhiteHawk Limited has released a commercial and strategic outlook update outlining several key developments. The company is advancing its U.S. Federal Cyber Resilience Program with an initial engagement of A$356,000, and is discussing a potential annual Cyber Risk Radar subscription valued at A$2.12 million. WhiteHawk aims to achieve approximately A$1.24 million in annualized savings by aligning its operations with revenue and growth priorities. They have expanded their U.S. public-sector access through the NASPO framework with Carahsoft, and are exploring additional government opportunities valued at A$141,000. WhiteHawk is also participating in a Cyber AI Research initiative with a U.S. university, seeking a grant of A$1.41 million. A previously announced CAPaaS subcontract worth A$106,000 is pending commencement. Additionally, the company is progressing a transaction with Quixxi to broaden its technology and market reach.
Key Points
  • U.S. Federal Cyber Resilience engagement progressing with A$318,000 received.
  • Potential A$2.12 million annual subscription opportunity under discussion.
  • Operating reset expected to save A$1.24 million annually.
  • Expanded U.S. procurement access through Carahsoft and NASPO.
  • A$141,000 U.S. government project proposal for Cyber Risk Radar.
  • A$1.41 million Cyber AI research opportunity submitted with a U.S. university.
  • A$106,000 CAPaaS subcontract awarded under a U.S. grant.
  • Progress in the proposed Quixxi transaction to expand capabilities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.