HUB Cyber Security Signs Term Sheet to Expand Trust Rails Infrastructure into Real-World Asset Validation with a Tier-1 Fully Permitted Critical Minerals Asset
Anchoring Military-Grade Secured Data Fabric Beyond Financial Institutions to Strategic Titanium, Iron, and Vanadium Infrastructure
TEL AVIV, Israel, Feb. 17, 2026 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”), today announced that it has entered into a Term Sheet intended to expand its Trust Rails infrastructure into real-world asset validation through the acquisition of 100% of Ferrox Critical Minerals Ltd. (“Ferrox”) and its world class Tivani minerals project in South Africa, a fully permitted, NI 43-101 compliant magnetite and ilmenite asset positioned to commence production, processing and sales in FY 2026.
HUB operates at the intersection of military-grade cybersecurity and Secured Data Fabric (“SDF”) infrastructure built for regulated, sovereign, and mission-critical environments. Trust via SDF has secured data, enforced compliance, and validated transactions across banks, financial institutions, and regulated enterprises.
Trust Rails extends that foundation beyond data protection into system-level validation, transaction control, identity enforcement, and compliance orchestration across regulated ecosystems. The integration of verified real-world assets expands that architecture, enabling physical assets to be governed, validated, and transacted within the same trust infrastructure that already secures data, permissions, and regulated workflows.
The Tivani Project
The Tivani project hosts approximately 519 million tons of titaniferous magnetite ore, including other measured and indicated resources, with meaningful titanium dioxide, iron, and vanadium exposure aligned with aerospace, defense, energy transition, and advanced manufacturing supply chains.
The asset benefits from secured mining rights, an experienced management team, environmental approvals, water licenses, established rail infrastructure and deep-water port connectivity. More than US$70 million has been invested to date in the Tivani project, materially advancing the project to the development phase and positioning it for staged commercialization.
Strategic Integration
Upon closing, the Tivani Tier-1 critical minerals asset is expected to serve as a foundational revenue-bearing anchor within HUB’s Trust Rails platform, securing it to a large-scale, fully permitted resource base with long-duration industrial relevance.
Subject to the execution of definitive agreements and the subsequent closing of the transaction, HUB anticipates that Tivani will establish a disciplined path to monetization across both the physical and digital layers of the ecosystem.
On the asset side, the Company intends to advance staged commercialization through strategic offtake and customer arrangements focused on titanium dioxide feedstock, iron, and vanadium.
Concurrently, Trust Rails is expected to drive enterprise platform growth through recurring software, services, and usage-based workflows dedicated to validation, authorization, compliance enforcement, and asset-linked transaction controls, with HUB’s secure platform serving as the native utility layer across these operations.
Trust infrastructure secured by SDF.
Validation extended to real-world assets.
One integrated architecture.
The Company notes that these expectations are forward-looking and remain subject to market conditions, project execution milestones, and other contingencies.
Executive Commentary
“Tivani is Tier-1, fully permitted, NI 43-101 scale critical minerals with real industrial relevance across aerospace, defense, and energy transition,” said Noah Hershcoviz, Chief Executive Officer of HUB Cyber Security Ltd. “Trust is infrastructure. Validating 519 million tons of strategic resources inside regulated digital systems raises the standard for asset-backed enforcement. This transaction strengthens our balance sheet and advances Trust Rails from digital validation into asset-backed infrastructure. It establishes the foundation for industrial-scale RWA validation inside regulated systems. We are building the infrastructure that connects physical value to digital trust.”
“Titanium and iron-bearing resources are designated as strategic under Western critical minerals frameworks. Industrial resilience and supply chain security continue to drive demand for secure, large-scale, industrial-grade resource validation,” said Terrence Duffy, Chief Executive Officer of Ferrox Critical Minerals Ltd. “From inception, Ferrox has focused on building a scalable critical minerals platform, not just developing a single mine. Tivani was planned for long-life production, downstream processing, and strategic supply chain relevance. Partnering with HUB is expected to accelerate that trajectory and integrates Ferrox into a secure, defense-grade industrial ecosystem serving regulated and mission-critical customers.”
Systematic Execution
The proposed transaction contemplates the issuance by HUB of $125 million in equity consideration in four stages, based on the prevailing market price of HUB’s shares at each issuance.
The first stage would occur upon the execution of definitive agreements, at which time HUB would issue 19.9% of its outstanding shares for shares of Ferrox of equivalent value.
Subject to the approval of HUB’s shareholders, the balance of the outstanding shares of Ferrox would be exchanged for additional HUB shares upon the satisfaction of each of three performance milestones of the Tivani project.
The transaction is subject to due diligence, definitive agreements, regulatory approvals and customary conditions. There can be no assurance that the agreements will be signed or that the transaction will be consummated.
About HUB Cyber Security Ltd.
HUB Cyber Security Ltd. (Nasdaq: HUBC) is a global provider of military-grade cybersecurity, confidential computing, and AI-driven Secured Data Fabric infrastructure serving governments, financial institutions, and regulated enterprises worldwide.
About Ferrox Critical Minerals Ltd.
Ferrox Critical Minerals Ltd. holds the Tivani project in Limpopo, South Africa, containing approximately 519 million tons of titaniferous magnetite ore with NI 43-101 compliant resources and secured mining rights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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