BlackBerry (NYSE:BB) stock surged 5.18% in Tuesday's intraday trading, reaching $4.62 per share. The significant uptick comes on the heels of a major announcement regarding the company's crisis communication software, BlackBerry AtHoc.

BlackBerry revealed that its AtHoc platform has achieved the Federal Risk and Authorization Management Program (FedRAMP) High Authorization status from the Joint Authorization Board (JAB). This prestigious certification reinforces BlackBerry's commitment to data security and operational resilience, particularly for federal agencies and critical infrastructure. The FedRAMP High authorization is the highest level of federal cloud security, requiring compliance with 421 federal security and privacy standards.

Investors appear to be reacting positively to this development, recognizing its potential to boost BlackBerry's position in the government and enterprise markets. With over 75% of U.S. federal government agencies already using BlackBerry AtHoc, this new authorization could lead to expanded contracts and increased revenue streams. Moreover, it positions BlackBerry as a leader in secure communications at a time when cybersecurity regulations are becoming increasingly stringent, potentially opening up new opportunities for growth in both public and private sectors.