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Shares in Narf Industries PLC on Wednesday rose after it announced a ‘significant step forward’ for its Ranger.ai Agentic AI threat and remediation platform. The cybersecurity provider said the platform has won ‘awardable’ status through a US Department of Defense marketplace. In response, shares in Narf rose 4.8% to 0.55 pence each in London. Securing the status through the P1 Solutions Marketplace is a ‘significant step forward for Narf’, Chief Executive Officer Steve Bassi said in a statement. ‘It not only validates the strength and scalability of our technology but also accelerates our ability to deliver solutions into the heart of US defense operations,’ Bassi said. Bassi said the ‘milestone’ enhances visibility and positions ‘us for long-term growth as procurement pathways are streamlined, and adoption barriers reduced.’ Narf said the P1 Solutions Marketplace is a ‘digital repository of post-competition, 5-minute, readily-awardable pitch videos that address the US government’s most urgent requirements in hardware, software, and service solutions.’ Ranger.ai’s initial rollout is focused on government clients and will be followed by enterprise clients and partners in high-risk, regulated sectors, including defence, financial services, healthcare, and critical infrastructure, Narf said. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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