Source - LSE Regulatory
RNS Number : 4253G
Narf Industries PLC
12 March 2024
 

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

12 March 2024

NARF INDUSTRIES PLC

('NARF', the 'Company', or the 'Group')

 

Awarded $1.3 Million Contract

 

Next Generation Network Cyber Defence

 

Narf Industries plc (LSE: NARF) (OTCQB: NFIN.F), the cybersecurity group specialising in high-end threat intelligence and critical infrastructure security, is pleased to announce that it has won a $1.3 million subcontract from Charles River Analytics ('CRA') for work on the US Government's Intelligence Advanced Research Projects Agency ('IARPA') ReSCIND Programme. 

 

The IARPA programme "Reimagining Cyber Psychology Informed Network Defense (ReSCIND)" looks to increase the time, effort, and resources required to attack network vulnerabilities by more deeply understanding a cyber attacker's decisions and choices. 

 

IARPA invests in high-risk, high-payoff research programmes to tackle some of the most difficult challenges of the agencies and disciplines in the Intelligence Community ('IC').  IARPA collaborates across the IC to address cross-agency challenges, leveraging both operational and research and development expertise from across the IC, and coordinating transition strategies with its IC partners.

 

NARF is pleased to have been selected by CRA for this transformative project. This collaboration positions NARF alongside a team of leading researchers, contributing its expertise and dedication to advancing the next generation of active defence for critical systems.

 

Michael E. Locasto, VP, Government Research and Development of NARF said: "This cognitive-based approach establishes a dynamic defence, harnessing psychological insights to proactively counteract potential threats.  It moves beyond today's passive measures to sway the balance in favour of our cyber defenders." 

 

Steve Bassi, CEO of NARF said: "This continues our leading-edge research work and deepens our relationship across the U.S. Advanced Research Projects Agencies as we further build a pipeline of next generation government systems and commercial product offerings."

 

This research is based upon work supported in part by the Office of the Director of National Intelligence (ODNI), Intelligence Advanced Research Projects Activity (IARPA), via N66001-24-C-4501. The views and conclusions contained herein are those of the authors and should not be interpreted as necessarily representing the official policies, either expressed or implied, of ODNI, IARPA, or the U.S. Government. The U.S. Government is authorized to reproduce and distribute reprints for governmental purposes notwithstanding any copyright annotation therein.

 

ENDS

 

For further information visit www.narfgroup.com or contact:

                               

Narf Industries plc

John Herring

jh@narfgroup.com

Joint Broker

Canaccord Genuity Limited

Simon Bridges

Harry Rees

Tel: +44 (0) 207 523 8000

Joint Broker

Tennyson Securities plc

Peter Krens

Tel: +44 (0)207 186 9030

Financial PR, UK

St Brides Partners

Paul Dulieu

Isabel de Salis

narf@stbridespartners.co.uk

 

About NARF Industries plc

Narf Industries (LSE: NARF) (OTCQB: NFIN.F) is a US based leading provider of cybersecurity research, solutions, and services to government entities. With a steadfast commitment to protecting national security and critical infrastructure, it offers comprehensive expertise in addressing the evolving cyber threats faced by its clients.

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTGPUPPWUPCPUG
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Narf Industries PLC (NARF)

+0.03p (+3.85%)
delayed 08:02AM