Australia's Senetas jumps after data encryption tech sale to South American govt

Senetas

14/04/2026 04:52

** Shares of Australia's Senetas SEN.AX rise as much as 15.7% to A$2.18, biggest intraday pct gain since Feb. 9

** Stock touches highest level since Feb. 27

** Cybersecurity co says it completes sale of its CV series virtual encryption technology to a government agency in South America for $1.7 million

** Expects deal to boost profit before tax (PBT) in FY26 by A$1.3 million–A$1.4 million (($920,920.00-$991,480.00)

** "We expect it will be a significant driver of revenue growth," says Senetas CEO Andrew Wilson

** Despite moves, stock down 8.8% YTD

($1 = 1.4120 Australian dollars)

($1 = 1.4116 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))