- **VirnetX Holding Corporation** has secured a **General Services Administration (GSA) Multiple Award Schedule contract**, positioning it as a certified provider of cybersecurity, secure communications, and digital engineering solutions to federal, state, and local government agencies.  **[1082324_b707e608252f40c4b972477404669030]** 
- This contract facilitates streamlined access for government entities to VirnetX's patented **Zero Trust Network Access technologies**, including Secure Domain Name Registry, VirnetX One, War Room, and VirnetX Matrix.  **[1082324_b707e608252f40c4b972477404669030]** 
- Despite this strategic milestone, VirnetX faces **financial challenges**, including a **three-year revenue growth rate of -53.6%** and **negative operating margins of approximately -38%**.  **[1082324_b707e608252f40c4b972477404669030]**

VirnetX Secures GSA Contract for Government Cybersecurity Solutions

- VirnetX Holding Corporation (Nasdaq: VHC) was officially awarded a **General Services Administration Multiple Award Schedule contract (GSA Schedule)** on October 16, 2025.  **[1082324_0001140361-25-038341_ef20057320_ex99-1.htm:0]** 
- This designation makes VirnetX an **approved technology provider for federal, state, and local government agencies**, offering streamlined access to its mission-critical cybersecurity, secure communications, and digital-engineering capabilities under pre-negotiated terms and pricing.  **[1082324_0001140361-25-038341_ef20057320_ex99-1.htm:0]** 
- The GSA Schedule expands VirnetX's ability to support government digital modernization efforts, enabling the company to collaborate on defense initiatives and bid on government contracts.  **[1082324_0001140361-25-038341_ef20057320_ex99-1.htm:0]** 
- Federal customers will gain enhanced access to VirnetX's patented technologies, including the **VirnetX Matrix® and War Room® platforms**, through this contract.  **[1082324_0001140361-25-038341_ef20057320_ex99-1.htm:0]**

VirnetX Awarded GSA Schedule Contract

- VCI Global Limited, through its cybersecurity and AI infrastructure subsidiary V Gallant Limited, secured a **US$22 million** sovereign AI infrastructure contract with Codetext (BVI) Limited.  **[1082324_36b770384e6d45ebb26f0a723a0a722b_0]** 
- This agreement involves V Gallant delivering a full-stack sovereign AI system, incorporating **military-grade encryption** and leveraging **NVIDIA-powered compute systems** for secure, high-performance AI operations that are jurisdictionally contained.  **[1082324_36b770384e6d45ebb26f0a723a0a722b_0]** 
- The contract positions VCI Global as a first mover in the rapidly expanding global sovereign and localized AI infrastructure market, which is projected to reach approximately **US$197.6 billion by 2030**.  **[1082324_36b770384e6d45ebb26f0a723a0a722b_1]**

VirnetX Holding (VHC)