The National Reconstruction Fund Corporation (NRFC) has invested $22.5 million in sovereign cloud data security company Vault Cloud.
This comes after NRFC's recent investments in other tech companies, including Adelaide IoT and satellite maker Myriota.
Vault Cloud provides secure and scalable cloud capabilities for the Australian national security and critical infrastructure sectors.
The investment will be used to expand Vault's offerings, enhance security capabilities, and contribute to Australia's national security and economic growth.