The maritime industry is under intense regulatory pressure; since 1 January 2021, the International Maritime Organisation (IMO) has required all vessels over 500 gross tons to implement and annually review comprehensive cybersecurity measures. As cyber threats targeting maritime operations increase, the demand for robust, standardised cybersecurity solutions is skyrocketing.
With an estimated 90,000 vessels falling into this category, the annual market for these cybersecurity reviews is a staggering $6 Billion. Mckinsey estimated a yearly spending growth on cyber at 12.4%, and in 2025, it will be 300% of 2015 spending. This scale of opportunity, coupled with the ever-increasing risk of cyber threats, presents a significant and rapidly growing market for innovative solutions that meet these new standards, promising substantial growth and profit potential.
Sodium Cyber has partnered with the International Maritime Cyber Security Organisation (IMCSO), becoming the first certified provider of maritime-specific cyber security services. This strategic alliance gives Sodium exclusive access to a supplier-restricted market, enabling us to deliver unparalleled security solutions that ensure compliance with IMO regulations.
We seek a $3 million investment to fuel our expansion and enhance our innovative AI-driven cyber security platform. This funding will allow us to capitalise on our first-mover opportunity in the $6 Billion market and drive our projected revenue from $3 million in Year 1 to $95 million by Year 5, offering substantial returns as we capture a leading position in the maritime cyber security market.
Sodium Cyber, led by Campbell Murray, a 30-year veteran of Cyber security and the maritime industry with a proven track record of building cyber security services businesses, offers a unique opportunity to invest in the future of maritime cyber security.
Please contact us directly to discuss this opportunity and our non-disclosure agreement.