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CY4GATE COMMITMENT IN GEODE PROJECT GALILEO FOR EU DEFENCE

CY4GATE (AIM: CY4) company active in the cyber market at 360 °, announces its participation in GEODE (GalilEO for EU DEfence), an industrial consortium that includes the major European industrial players in the defense sector and developed in the context of the EURAS (European Radio-navigation Solution) PESCO (permanent structured cooperation) project, with the aim to promote the development of military capabilities within the European Union, exploiting Galileo - a civilian satellite positioning and navigation system developed in Europe - and its Public Regulated Service (PRS).

30 companies and organizations from 14 EU Member States: )Belgium, Czech Republic, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Spain, Sweden and Romania) are involved in GEODE. Contributions to the project are expected to exceed € 82.7 million, with the EU contribution of around € 44 million. Belgium, Germany, Italy, France and Spain are also co-financing the project.

The role of CY4GATE in this partnership concerns cyber protection of the ground segment of the newly developed capabilities. all the space systems.

GEODE, which will be completed by 2026, has among its objectives, to strengthen the military capacity of EU Member States, creating business opportunities for the EU industry in the field of military application of satellite navigation and enhance the benefits of the Galileo program in all EU member states and beyond.

Eugenio Santagata, CEO and General Manager of CY4GATE said: "We are proud to be an integral part of this ambitious project. CY4GATE with this contract enters the fifth domain, increasing its visibility and penetration on the international scene, confirming its role in the areas of defense and security ".

Emanuele Galtieri, Deputy General Manager of CY4GATE commented: "GEODE represents for CY4GATE an important recognition by the European institutions that will allow us to enter as protagonists in an ambitious and wide-ranging project, thus actively contributing to the development of future defense technologies and intelligence ".

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This PR reflects only the author's view. The Commission and the EU Member States involved in the Geode project are not responsible for any use that may be made of the information it contains.

*"This project has received funding from the European Defence Industrial Development Programme (EDIDP) under grant agreement No EDIDP-PNTSCC- 2019-039-GEODE"

About CY4GATE

CY4GATE was founded in 2014 to meet demand for unconventional cybersecurity solutions. Listed on the AIM since June 2020, CY4GATE was created to design, develop and produce technologies, products and services that respond to even the most rigorous and sophisticated "Cyber Intelligence & Cyber Security" needs expressed by the Armed forces, Police, Intelligence Agencies and Companies in Italy and abroad. With its one-of-a-kind Italian business model, CY4GATE covers the entire cyber market with proprietary products for both data collection and analysis and security: DSINT, HYDRA, EPEIUS, Gens.AI and Igea for cyber intelligence; RTA for Cyber Security.

For further information:

Nominated Advisor and Specialist Equita SIM S.p.A

Investor Relation CY4Gate

Luca Lucidi CFO e Investor Relations managerinvestors@cy4gate.com

Marco Clerici

+39 335 775 0702m.clerici@equita.eu

Investor Relation e Media Relations

CDR Communication

Silvia Di Rosa: +39 335 786 4209silvia.dirosa@cdr-communication.it Luca Gentili: +39 3482920498luca.gentili@cdr-communication.it

Marianna Tremolada: +39 348 242 3039marianna.tremolada@cdr-communication.it Angelo Brunello: +39 329 211 7752angelo.brunello@cdr-communication.it Marianna Tremolada: +39 348 242 3039marianna.tremolada@cdr-communication.it

CY4GATE S.p.A.

Via Morolo 92

00131 ROMA - ITALIAC.F. 13129151000www.cy4gate.com

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CY4GATE S.p.A. published this content on 19 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 February 2021 09:03:06 UTC.