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Northrop Grumman, University Of Maryland, Baltimore County Expand Cync Program To Drive Innovation In Cyber Technology

Stocks in this article: NOC

BALTIMORE, March 15, 2013 /PRNewswire/ -- Northrop Grumman Corporation (NYSE: NOC) and the University of Maryland, Baltimore County (UMBC) Research Park Corporation (bwtech@UMBC) have expanded the Cync program, a cybersecurity technology incubator initiative, to include three additional companies, among them the program's first international cyber provider. iWebGate of Perth, Australia, joins DB Networks of San Diego and Light Point Security of Baltimore as the latest companies to participate in Cync.

(Logo: http://photos.prnewswire.com/prnh/20130315/LA77620LOGO)

(Logo: http://photos.prnewswire.com/prnh/20121024/LA98563LOGO)

The Northrop Grumman Cync Program is a partnership between Northrop Grumman and bwtech@UMBC, aimed at commercializing technology to help provide protection from a growing range of cyber threats. The program builds on bwtech@UMBC's successful business-incubation framework by offering a "scholarship program" for companies with the most promising cybersecurity ideas.

"As the cyber threat continues to evolve, we need to invest in emerging technology and business ventures to support development of new global network defense capabilities," said Jim Myers, vice president and general manager of Northrop Grumman's Cyber Solutions division. "The Northrop Grumman Cync program is doing just that, building a global incubator of solutions that will help defend networks and speed innovative solutions to our customers."

Northrop Grumman funds the program and serves as a strategic partner, leveraging its resources and applying them in a focused way to cultivate companies to develop solutions to counter the global cyber threat. Cync is part of the bwtech@UMBC Cyber Incubator program on the campus, a research and technology community that is home to nearly 100 technology and life science companies.

Current participants in the Cync program include AccelerEyes, Five Directions, KoolSpan, Oculis Labs and Spotkick (formerly Rogue Networks). Several of these companies have earned Defense Advanced Research Projects Agency (DARPA) Fast Track awards and signed agreements with information technology providers. 

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