BlackDice Achieves Strong H1 2024 Growth and Strategic Partnerships

BlackDice Holdings Corp., an emerging AI-powered cybersecurity firm for the Telecom industry, has reported significant commercial progress and strategic partnerships in the first half of 2024. This underscores the company's robust market position and growth trajectory.

Several telecom operators in Europe have deployed BlackDice's solutions, with more deployments slated for Q3 and Q4 2024. BlackDice also secured a $39 million annual opportunity to integrate its software into 10 million CPE devices annually. Additionally, the company established a major partnership in South America and initiated collaborations with top telecom operators in the Middle East.

BlackDice utilizes advanced AI and Machine Learning to provide real-time threat detection and neutralization. The company is boosting brand awareness through targeted marketing and industry events like "Network X" in October. With an open pipeline of over $23.5 million, BlackDice sees new opportunities across telecom, finance, military/defense, and healthcare sectors.

CEO Paul Hague emphasized the company's commitment to addressing evolving cybersecurity needs, positioning BlackDice for sustained growth and success.