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Pin to quick picksNarf Media (NARF)

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Steve Bassi on how UK investors can get exposure to the $170bn US Cyber Security market via NARF Ind

NARF Industries (LON:NARF / OTCQB: NFIN.F) is a cyber security group specialising in high-end threat intelligence and critical infrastructure security.

Led by the co-founder and chief executive, Steve Bassi, who as a former hacker understands vulnerabilities in systems, describes what he and his team does as turning research and development into cyber security systems and software that both produce and consume threat intelligence which protects the end client.

“You can think of it as a high-end software development and software as a service company that happens to deal in pretty heavy cybersecurity topics.” Says Steve.

In this interview with focusIR, investors will learn:

- Why the NARF client roster is ‘pretty heavy’ and largely defined as Defence and Intelligence clients including the Defence Advanced Research Projects Agency (“DARPA”)

- Why he describes his team as “long bearded, PhD qualified members of the nerdy ‘priesthood’

- When their software reverential ‘priesthood’, numbering only 50, will hit a revenue milestone of $20m

- How large the TAM for NARF is and, according to Bassi, worth about $170 billion growing at an approximately 13% CAGR

- How NARF Industries is tapping into a modest, but lucrative multi-billion dollar portion of that opportunity.

With an almost 30% shareholding in the company Bassi is in alignment with investors and what he gives them is “access to a cybersecurity market in the U.S. that is very rare in a public share at this size, where our growth potential, mainly the scalability and the software solutions we build, is huge. That's mainly how we're providing upside to shareholders and I think we've been undervalued on that metric.”

Steve Bassi, Co-Founder and CEO of Narf Industries, was interviewed by Sarah Lowther, Reporter at focusIR.

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