AUCyber wins managed SOC contracts with two Australian universities

ASX-listed AUCyber has secured managed security operations centre (SOC) contracts with two Australian universities, adding approximately $1.34m in combined annual recurring revenue (ARR) and flagging a further $5.5m bid in the pipeline.

The first contract is with the University of New England for an initial 12-month term, generating ARR of over $600,000. The engagement runs on AUCyber's SentinelOne Singularity platform, monitored by the company's Australian-based SOC.

A second unnamed Australian university signed a managed SOC contract at a total contract value of $2.16m over three years, bringing combined new ARR from higher education to approximately $1.34m.

AUCyber said it is also bidding for a further managed SOC and security analytics engagement with a major Australian university, with a potential contract value of approximately $5.5m over the contract term. The company cautioned there is no assurance the bid will be successful.

The company said it continues to participate in additional competitive tender processes for managed SOC and SentinelOne services across the education and enterprise sectors.

"These customer wins demonstrate the value of the investments AUCyber has made over several years in building a highly automated and scalable Security Operations Centre. Those investments have allowed us to deliver enterprise-grade cybersecurity services efficiently and consistently while supporting the increasingly complex security requirements facing Australian organisations," said Shane Miller, chief technology officer at AUCyber.

"We are also seeing a new wave of security challenges emerge as organisations adopt AI applications and autonomous agents. Through our partnership with SentinelOne, including our role as a preferred Australian managed services and delivery partner for SentinelOne's Prompt Security, we have invested early in the capabilities required to help customers govern and secure AI technologies.

"The higher education sector continues to represent a significant growth opportunity for AUCyber, and these contract wins, combined with a strong sales pipeline, reinforce our confidence in the long-term growth potential of the managed cybersecurity services market."

5G Networks, the parent company of AUCyber, grew its revenue 13% in FY26.