Narf Industries Secures $6.8 Million DARPA Contract for Cybersecurity Innovation

Cyba Plc ( (GB:NARF) ) just unveiled an announcement.

Narf Industries plc has secured a US$6.8 million multi-phase contract with the U.S. Government’s Defense Advanced Research Projects Agency (DARPA) under the INGOTS programme. This contract will enable Narf to develop a system that simulates multi-step cyberattacks, allowing organizations to identify and address vulnerabilities before they can be exploited. The first phase will involve developing prototypes for evaluation, with future phases contingent on meeting program requirements and milestones. This initiative positions Narf to enhance its cybersecurity offerings and potentially expand its market reach into government and commercial sectors.

More about Cyba Plc

Narf Industries plc is a U.S.-based leading provider of cybersecurity research, solutions, and services to government entities. The company is committed to protecting national security and critical infrastructure, offering comprehensive expertise in addressing evolving cyber threats.

YTD Price Performance: -23.08%

Average Trading Volume: 4,910,368

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £6.79M

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