WidePoint Wins MobileAnchor Contract from U.S. Department of Energy Agency

WidePoint has been awarded a new contract by an agency under the U.S. Department of Energy to provide secure mobile authentication using its proprietary MobileAnchor platform. The one-year agreement enables agency personnel to securely authenticate to federal systems and applications using derived credentials on their smartphones. This mobile-first approach supports the agency's strategy for secure mobility and demonstrates growing trust in WidePoint's technology.

WidePoint Corporation (NYSE American: WYY) has been awarded a new one-year contract by an agency under the U.S. Department of Energy to provide secure mobile authentication using its proprietary MobileAnchor platform. The agreement enables agency personnel to securely authenticate to federal systems and applications using derived credentials on their smartphones.

The MobileAnchor platform, which complies with FIPS 201 and NIST SP 800-157 guidelines, allows users to authenticate using their smartphones instead of physical smart cards. This mobile-first approach supports the agency's strategy for secure mobility and demonstrates growing trust in WidePoint's technology [1].

The contract's strategic value extends beyond immediate revenue. It centers on providing Derived Credentials for mobile devices that comply with stringent federal standards. This positions WidePoint in the high-priority federal mobile security market [1].

WidePoint's technological approach to legacy system integration is particularly noteworthy. The MobileAnchor platform includes proxy server authentication capabilities, enabling agencies to implement modern mobile authentication without overhauling existing infrastructure. This method provides a seamless way for organizations to use MobileAnchor without needing to replace or overhaul existing systems [1].

The contract demonstrates two important market signals: first, that federal agencies are actively investing in mobile-first authentication solutions, and second, that WidePoint's solution is gaining traction in this competitive space. Each new agency deployment strengthens WidePoint's position in the federal identity and access management ecosystem, which features long-term relationships and potential for follow-on business [1].

References:
[1] https://www.stocktitan.net/news/WYY/wide-point-awarded-new-mobile-anchor-contract-by-an-agency-under-the-0z16vnyqn6pg.html