Our Bond, Inc. (NASDAQ: OBAI) has secured a sole-supplier agreement to provide security services for approximately 10,000 municipal employees in Jerusalem, including social workers, administrative staff, drivers, and security personnel.
The contract, announced in New York, follows a pilot program involving Jerusalem residents and municipal workers. Our Bond was exempted from competitive tendering and designated as the sole supplier for the initiative. The company’s platform integrates artificial intelligence, mobile technology, and trained Personal Security Agents to deliver real-time personal security support.
Jerusalem, a city of more than one million residents, represents a key deployment for Our Bond, which has invested $100 million in its technology and operations to date. The company operates in 28 countries and has supported 1.25 million security service requests and over 10,000 emergencies globally.
Doron Kempel, Founder and CEO of Our Bond, said the deal demonstrates the results of investments made following the company’s public listing. He noted that the agreement in Jerusalem covers 10,000 city employees initially but leaves significant room for expansion to include residents in the future.
