07:45 AM EDT, 10/22/2025 (MT Newswires) -- Cybeats Technologies ( CYBCF ) said Wednesday it has sealed a multi-year contract extension with Schneider Electric, a company in the digital transformation of energy management and automation.

The renewal covers the licensing of Cybeats' ( CYBCF ) SBOM Studio and SBOM Consumer solutions, and builds upon an initial multi-year contract with Schneider Electric that began in November 2022.

"Securing this renewal from our design partner highlights the organic growth potential within our existing customer base. At the same time, with regulatory deadlines fast approaching, we are seeing accelerating demand and a growing pipeline of new opportunities as software supply chain security becomes a top priority for both enterprise and government organizations," said Cybeats ( CYBCF ) chief technology officer Dmitry Raidman.