Nukkleus Inc. announces the successful completion of its acquisition of Star 26 Capital Inc., a defense-focused company.
The acquisition adds precision manufacturing, advanced computer vision, and other defense technology businesses to Nukkleus's portfolio.
Nukkleus now owns 100% of Star 26 and its defense-related assets, strengthening its position in the defense industry.
Acquisition Details
Nukkleus acquired 100% of Star 26 in a mixed package of cash, promissory notes, and shares of Nukkleus common stock.
Enhanced Defense Portfolio
The acquisition aligns complementary technologies within Nukkleus's defense portfolio, improving its position in the military UAV and UAS value chain.
Strategic Partnerships
Star 26 brings companies like B. Rimon Agencies Ltd. and Water.io to collaborate with Nukkleus, enhancing autonomous systems development.
- The acquisition positions Nukkleus to support US defense spending growth up to $1.5 trillion, focusing on advanced systems and supply chain scalability.
- Nukkleus aims to strengthen the defense supply chain by enabling responsible scaling of specialized manufacturers and defense tech companies.
- Collaboration with Star 26's portfolio companies supports interoperable autonomous and control capabilities, enhancing operational efficiencies.
Nukkleus's acquisition of Star 26 Capital bolsters its position in the defense industry, enabling expansion and collaboration across key defense technology sectors.