Bravatek Solutions Inc (OTCMKTS:BVTK) is seeing a slight slump today after a solid showing driven by its Dark Pulse Technology relationship. The two companies are intensifying their partnership, but if it will translate into improved returns is something still to be seen.
“After seeing how effective Bravatek is as a strategic partner, we decided to join forces in a substantive way to accelerate our mutual growth.”
Bravatek Solutions Inc (OTCMKTS:BVTK) bills itself as a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically advanced, cost-effective and reliable software, tools and systems.
Along with its “lock down” capability to prevent virus, spam, phishing attacks and the attacks proliferated by malware, BVTK also delivers a powerful employee education program to ensure each and every employee is properly trained and educated on how to spot cyber-attacks and how to avoid them
According to company materials, “Bravatek Solutions, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems. Through innovation, we answer the market’s demand for new perspectives and fresh thinking for today’s security challenges.”
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If you are no familiar, DarkPulse Technologies is a global technology provider in the business of manufacturing, selling, installing, servicing and monitoring systems, including hardware and software that detects changes in the structural health of infrastructure. Their security solutions offer 24/7 monitoring of perimeters and detection of tunneling along national borders.
Both firms had previously announced a Marketing Alliance Program agreement a month ago. To that end, DarkPulse has issued a PO for over $21.2 M (“finder’s fee”) to BVTK related to orders being received by DPT related to a multi- year agreement that brings DPT’s technology to Eastern Europe Mining and Perimeter Security deployments. The deal is with one of Europe’s largest Infrastructure & Mining Companies, representing the first segment of a multi-year monitoring agreement, totalling more than $106 million, using DPT’s patented distributed fiber-optic sensing technology.
“The purpose of promoting DarkPulse’s products, and pursuant to which DarkPulse will cross-promote the Company’s products and services, and the Company will be paid sales commissions for clients introduced to DarkPulse by the Company”
Currently trading at a market capitalization of $38.25M, BVTK will see higher volatility due to its lower float size. This could be antaking the next step might depend on the company growing revenues and paying off some debt. Either way, we consider BVTK a stock to watch. Sign-up for continuing coverage on shares of $BVTK stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: We hold no position in $BVTK, either long or short, and we have not been compensated for this article.