We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Track real-time Director Deals activity on the London Stock Exchange (LSE)
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Narf Industries Plc | NARF | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.475 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.475 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Top Posts |
|---|
Posted at 12/6/2025 20:42 by muck166 So, I posted over on LSE a little while ago that tomorrow COULD be the day we hear something.I said my conjecture was thin, but here it is anyway! Platform 1 are releasing V3.0 of “Big Bang” tomorrow Big Bang is essentially a pre-integrated suite of tools designed for zero trust, multiple DoD environments and built to meet DoD cybersecurity requirements. Previous releases have included integrations from companies like Anchore, who travelled the same path onto Platform 1 that we are. If you have a look at the Narf contracts on the FPDS.GOV site, and in particular contract HR00112190094, you will see the current action has a completion date of 13 June 2025. Note, I am not at all certain this is the relevant contract. And, of course, we were told by Bassi that “ The latest government award under this program (see RNS dated August 2024) brings total Social Cyber funding to nearly $4 million. In coordination with a key early government user, Narf is scheduled to complete the final phase of development in June 2025, culminating in delivery of a solution ready for release and broader deployment across both government and commercial markets. So, we have a new P1 release and a contract completion date both occurring on 13/6, being the same month Bassi said we were to complete work ready for release. Thin I know. If it does happen tomorrow I doubt we will get any RNS until next week anyway. But I had another 650k this afternoon just in case! |
Posted at 22/5/2025 20:43 by muck166 If you’re talking about the last IMC presentation, I agree! I get something more out of it each time I watch it. The real thrust, of course, is the explanation of how they expect to get to $20m turnover, ie launch SC and expand it out across multiple DoD and Intelligence agencies all with a fixed integration fee and then all with a $1-2m recurring annual fee. And all that excludes normal govt awards (like the $6.8m we got recently.Well, since then we’ve done the SC development and are due to launch next month. The plan seems to be coming together and it’s now time to make hay! No guarantees of course, but a risk well worth taking I think. But for balance there is one possible negative for me. In 2023 NARF RNS’d about a new “key” hire, Austin Fletcher, and they talk about him in the presentation. But LinkedIn shows he left NARF after about 11 months. Could be for all sorts of reasons, good or bad, but on balance I think it likely because he was brought in to chase grant awards yet after his appointment, NARF pivoted away from that to focus on SC and building their own SSCS platform. As a last point, the DARPA presentation I posted earlier also includes the INGOTS program, which of course we are part of too. All in, it seems to me we are heavily integrated into DARPA’s work, setting us up for success rather than failure. |
Posted at 22/5/2025 00:57 by muck166 Beaksy - not sure how to take that! I’m just posting my views and not intending to be an “idiotic ramper”! As I’ve said, I’m here to share as well as learn, so if there’s anything I’ve said which you think is idiotic then do put me right! As for the health of the PLC, anyone doing the most basic research will determine NARF has been through difficult patches and had to rely on Bassi for support. Personally I think his willingness to provide it on such reasonable and flexible terms is a positive not a negative. And as for the current group structure, I can’t see how that’s detrimental to the PLC or its shareholders - in fact I see it is oiling progress towards a partnership with another US company.Taking the plunge to focus on productising IP and founding an SSCS platform, at the expense of chasing more govt awards, is a risk. But for me that’s a risk Im happy with given where the potential sits. Kubera - top sliced CPAI yesterday. Nag offers real potential that could be exciting, and it’s that that’s driving the upward momentum. But it’s only that. The company has no real substance as is and, let’s face it, the primary reason he got involved is access to capital markets and for greater investor liquidity. So rises over there, at least in my view, will be driven by PI sentiment and not founded on basic principles. That’s not to say, of course, that sentiment couldn’t rocket the share price - we see it all the time. But then compare CPAI to Narf. One is built on froth. The other built on stone. |
Posted at 20/5/2025 22:59 by muck166 Clearly some history here! Personally I don’t see much, if any risk of Bassi calling in his loan and even less risk that he could walk away with company owned IP if he did. Strikes me he’s a decent guy and in any event, best served by delivering through the company rather than screwing it, and his staff, over. But that’s just me.On a separate note, from what I can see the US trading companies were direct subsids of Narf Plc until 1/4/24, at which point a new US holding company was created, itself becoming a subsid of the PLC and into which the PLC transferred ownership of the trading companies. The net effect being that the operating companies became indirect rather than direct subsids of the PLC from that date. Could be a number of reasons they did that, but it seems to me the most obvious was to remove any UK legal/tax hurdles to better facilitate a strategic partnership with another US firm. That seems more so given the timing, which coincides with the complete business pivot to prioritise SC and the SSCS platform, a flurry of business presentations, a new website etc, and a drive for such a partnership. So, at least I think, the Firm has positioned itself and likely been talking with prospective partners for over a year, and it wouldn’t surprise me at all if corporate decisions and focus since then have all had one eye on that objective and, moreover, to launch that partnership at the same time as Iron Bank product acceptance. That is a date which Narf will have known since getting the award last year - being next month. |
Posted at 20/5/2025 14:51 by washingmachine depending on what they anticipate happening coming to fruition regarding marketable product, will put NARF in to a industry leader in this space.Which should rerate accordingly, They agree with the chief honcho at Narf who’s banding around a 5 pence valuation. |
Posted at 19/5/2025 23:10 by muck166 If I’m understanding correctly, the summary position here is;1. US advanced research project agencies have commissioned and funded NARF R&D on multiple fronts for years. We know about Social Cyber. There are others. 2. Our guys are true experts, not pretend ones. 3. We keep all commercial rights to that IP 4. The plan was always to leverage and scale the IP by building a Software Supply Chain Security Platform, ie a platform offering a suite of software defences. 5. Focus on this was accelerated following the XZ Utils, with Social Cyber prioritised as the first product for the platform. 6. At the same time NARF have been able to accelerate SC and other products through use of Agentic AI and LLM tools. Basically the whole strategic plan hit the gas as the expertise in the heads of staff can more quickly be “codified̶ 7. SC launches next month, and is expected to initially get integrated across a suite of govt agencies, each one meaning new revenue. Concurrently, we are talking to top tier commercial enterprises to that offer direct mkt access, platform integration and scale. 8. And all this is happening in times where the whole world is becoming reliant on tech/software, and where attacks can cause increasing damage across all sectors. And if businesses want to protect their interests, they will need not just to properly defend against cyber attack, but demonstrate to their customers that they can. This is a red hot sector. For me the opportunities are huge, and the timing perfect. And if you don’t believe me, just have a look at the value of other SSCS platforms like Snyk, JFrog, Chainguard and others, all in the multi billions! We’re a way off that yet of course, but for my money we’re worth a hell of a lot more than current MCAP. |
Posted at 15/5/2025 07:47 by socionomics From last month:"Capital Requirements With new government contract awards secured (see RNS dated 6 March 2025), Narf has the momentum and resources to sustain development and commercialization efforts without near-term reliance on outside capital or partnerships. Notably, these projections exclude any upside from anticipated revenue tied to the Social Cyber product or broader commercialization initiatives which the Company fully expects to realize. While ongoing shifts in government funding priorities led by the U.S. Department of Government Efficiency (DOGE) have affected the timing of certain programs and overall impacts are still not settled, Narf's existing contract backlog provides sufficient runway to absorb these impacts over the next several quarters without requiring additional awards. The Company also notes its strategy is increasingly aligned with these shifting government priorities - favoring more near-term deployable solutions over longer-term basic research." |
Posted at 12/5/2025 11:45 by devonlad hmmmm, Muck, you made me do some research and you are correct:The latest government award under this program (see RNS dated August 2024) brings total Social Cyber funding to nearly $4 million. In coordination with a key early government user, Narf is scheduled to complete the final phase of development in June 2025, culminating in delivery of a solution ready for release and broader deployment across both government and commercial markets. Has the home page banners in their website been updated, looks new to me? Capital Requirements With new government contract awards secured (see RNS dated 6 March 2025), Narf has the momentum and resources to sustain development and commercialization efforts without near-term reliance on outside capital or partnerships. Notably, these projections exclude any upside from anticipated revenue tied to the Social Cyber product or broader commercialization initiatives which the Company fully expects to realize |
Posted at 14/3/2025 20:00 by kubera369 NARF INDUSTRIES PLC('NARF', the 'Company', or the 'Group') $1.3 million U.S. Air Force Contract for AI-Powered Social Cyber Solution Significant Milestone in Narf's Accelerated Commercialization Plan Narf Industries plc (LSE: Narf), the cybersecurity group specializing in high-end threat intelligence and critical infrastructure security, is pleased to announce the award of a circa $1.3 million contract to implement its cutting-edge social engineering threat intelligence solution in the U.S. Air Force's Platform One Iron Bank Project. This contract award represents the first milestone in the Company's strategy to accelerate its shift from project based work to a more lucrative Software as a Service ("SaaS") revenue model (as previously announced on 1 May 2024). It also further demonstrates Narf's capabilities to be uniquely effective in battling a new generation cyber threat to the global open-source software ("OSS") supply chain. Iron Bank provides container hardening standards and transparency into container images used within the Platform One ecosystem. These standards and transparency are available to the Department of Defense ("DoD") community to enable a secure software supply chain for all software engineers. These packages are used in systems throughout the DOD digital infrastructure, including command and control operations, weapon systems, and global logistics operations. Iron Bank plays a critical role in the DOD's software supply chain security ("SSCS") for OSS. Under the new contract, Narf will integrate its breakthrough threat intelligence solution into Iron Bank's Development, Security, Operations ("DevSecOps") infrastructure. This integration aims to protect against advanced cyberattacks employing social engineering tactics to introduce malware and to take-over OSS projects and compromises the software supply chain. Narf's suite of advanced detection and infiltration algorithms will be crucial in enhancing Iron Bank's security measures. Narf will apply its solution to the high rate, high volume data sources involved in the DevSecOps pipelines that build thousands of software containers. Leveraging AI techniques from its government funded intellectual property portfolio, Narf's suite of advanced detection and infiltration algorithms will automate data curation, incident summarization, and pattern generation tasks. These advancements will significantly reduce the manual workload for analysts, enhance the effectiveness of Iron Bank personnel, and expedite the triage of new threats to maintain project trustworthiness. Steve Bassi, Narf President and CEO said: "In February, we identified Social Cyber as a leading candidate in our R&D portfolio for commercialization. By May, we announced plans to accelerate this work in response to a significant global cyber threat incident. In June, we outlined a strategic plan that included a crucial milestone: achieving near-term validation of demand from a major customer. |
Posted at 01/3/2025 15:19 by z1co Narf Industries PLC announced interim results for the six months ending 30 September 2024, revealing a revenue decline to $1.18 million due to U.S. government budget delays and a strategic focus on the SocialCyber platform. The company took cost-optimizing measures, such as team restructuring and management salary waivers, to maintain financial stability while securing significant contracts, including a $1.3 million DARPA SocialCyber contract and a pending $5+ million multi-year government contract. With strengthened liquidity and a transition to a higher-value business model, Narf Industries is poised to deliver exceptional value through SocialCyber while maintaining disciplined financial management.Narf Industries (LSE: NARF) is a U.S.-based leader in cybersecurity, providing research, solutions, and services primarily to government entities. The company focuses on safeguarding national security and critical infrastructure by addressing evolving cyber threats. YTD Price Performance: -23.08% Average Trading Volume: 1,308,122 Technical Sentiment Consensus Rating: Buy |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
