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REG - Narf Industries PLC - Awarded $1.3 Million Contract

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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                Simon Bridges     Tel: +44 (0) 207 523 8000

 Canaccord Genuity Limited   Harry Rees
 Joint Broker                Peter Krens       Tel: +44 (0)207 186 9030

 Tennyson Securities plc
 Financial PR, UK            Paul Dulieu       narf@stbridespartners.co.uk

 St Brides Partners          Isabel de Salis

 

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.

 

 

 

 

 

 

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