IronClad Encryption Corporation (OTCQB: IRNC) has announced it has partnered with Black Pearl Engineering Management Inc., a Texas company, to co-develop ultra-secure products based on IronClad´s patented ultra-secure cybersecurity algorithms and methodologies, the company said.
The joint venture will operate under the name “Black ICE” and will initially focus on network gateway products.
The Black ICE Programmable Logic Control (PLC) / Network Gateway product line specifically targets the Industrial Control System security market. Recently, market research firm Markets and Markets announced its expectations for the segment to grow from USD 10.24 billion in 2017 to USD 13.88 billion by 2022 – a Compound Annual Growth Rate (CAGR) of 6.3%.
The Black ICE PLC / Network Gateway product will provide an ultra-secure solution for existing automation environments that is functionally compatible with and easily integrated into various industry ICS environments. Gateway units will be installed at critical entry access points in PLC systems to mitigate cybersecurity threats to industrial and energy customers´ digital infrastructure and automation and control systems.
IronClad Encryption Corporation is a next-generation cyber defense company that secures digital assets and communications across a wide range of industries and technologies. IronClad Encryption-powered solutions utilize our patented Dynamic Encryption and Perpetual Authentication technologies to make all known key-based encryption technologies virtually impossible to compromise. Visit IronClad Encryption at www.ironcladencryption.com
Black Pearl Engineering Management Inc. is a Texas-based technology and product development company. The Black Pearl Engineering team has decades of experience in both security and encryption technologies, software development, system design, and commercial product development. Black Pearl Engineering is headquartered in The Woodlands, Texas, and offers advanced engineering services and cutting-edge product development to customers in the US and internationally. Visit Black Pearl Engineering at www.blackpearlengineering.com