Cycurion has been approved as a vendor under the Florida State Term Contract for IT Staff Augmentation Services, a multi‑year agreement that allows the company to deploy IT talent across state agencies, municipalities, and other eligible public entities.
The contract is structured on a time‑and‑materials or statement‑of‑work basis, with pricing pre‑negotiated and approved by the Florida Department of Management Services. It covers a broad range of services, including software development, cybersecurity, data analytics, cloud engineering, AI integration, project management, and systems architecture.
Florida’s procurement vehicle is highly competitive, with other vendors such as Edify Technologies and Taproot Solutions also listed. The state prioritizes emerging technologies—AI, zero‑trust architecture, and quantum‑ready cybersecurity—aligning with Cycurion’s focus on these disciplines.
The award provides Cycurion with a streamlined procurement channel to a large public‑sector market, potentially generating predictable revenue streams. The company reports a 98% client‑retention rate in public‑sector contracts, underscoring its experience in this arena.
Cycurion completed a 1‑for‑30 reverse stock split effective October 27, 2025, and is appealing a Nasdaq delisting decision with a hearing scheduled for November 20, 2025. These events highlight the company’s recent financial and regulatory challenges, making the state contract a significant opportunity for stability and growth.
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