archTIS (ASX:AR9) has announced its finalised a $3.5M capital finance program to support its continued FY23 strong revenue growth outlook and drive towards positive cash flow.

The global software solutions provider says proceeds will expand the Kojensi security platform into the US markets, including servicing the Export Control and International Traffic in Arms Regulation markets.

archTIS says it will hold a $1.5M share placement, existing shareholders can participate in an additional $500,000 share plan, as well as a $1.5M Market Rate Facility through the Commonwealth Bank.