Northrop Grumman and bwtech@UMBC Graduate Latest Cyber Startup – KoolSpan – From the Cync Program

Cybersecurity partnership continues advancing innovative technologies to combat global cyber threat

Northrop Grumman Corporation (NYSE: NOC) and bwtech@UMBC celebrated the latest graduating cyber startup from its Cync Program last month in a ceremony at the Cyber Incubator on the campus of bwtech@UMBC.

KoolSpan, developer of a suite of patented, hardware-based mobile security encryption solutions, joins previous Cync graduates AccelerEyes (now ArrayFire), Five Directions and Oculis Labs in completing the 18-month scholarship program and launching cyber businesses to help national and global customers combat the growing cyber threat.

“We congratulate KoolSpan on its phenomenal success,” said Chris Valentino, director of strategy, Cyber division, Northrop Grumman Information Systems. “With today’s reliance on mobile communications, KoolSpan’s approach to encrypting mobile applications is allowing customers to thrive in a secure business environment.

“The Cync program is addressing a critical need for innovative technologies that are keeping us ahead of the threat; we are proud to continue our partnership with bwtech@UMBC on this much-needed initiative,” said Valentino.

Established in 2011, Cync is a unique global partnership between Northrop Grumman and the Cyber Incubator at bwtech@UMBC that nurtures cyber startups with an eye toward commercializing next-generation technologies.