Oil and gas exploration company Woodside Energy was sufficiently intrigued in its earlier development pact with ECU-founded Sapien Cyber to purchase a 10% stake.
Sapien Cyber, an Australia-based critical infrastructure security technology producer based on Edith Cowan University (ECU) research, has secured an undisclosed sum from hydrocarbon producer Woodside Energy, Offshore Technology reported on Monday.
Woodside Energy will acquire a 10% share of Sapien with the transaction, which is subject to the fulfilment of certain customary conditions.
Founded in 2016, Sapien Cyber provides industrial cybersecurity products to operators of critical infrastructure such as offshore oil rigs.
Sapien’s technology is marketed as…
