NEW
YORK, Jan. 29, 2025 /PRNewswire/ -- Nukkleus
Inc. (NASDAQ: NUKK) has partnered with Translink Corporate
Finance to identify acquisition opportunities in the air
defense sector, leveraging Translink's extensive expertise in
mergers and acquisitions. This strategic collaboration comes at a
pivotal moment as U.S. President Donald
Trump signed an executive order mandating the immediate
development of a next-generation missile defense system,
modeled after Israel's Iron Dome.
Together, these developments signal a significant shift in the
defense industry and position Nukkleus at the forefront of emerging
opportunities in this rapidly evolving market.
Recognizing the potential of this growing market, Nukkleus
has partnered with Translink Corporate Finance, a global leader
in mergers and acquisitions, to identify and pursue strategic
opportunities in the air defense sector. Together, they aim to
align with the increasing demand for innovative, battlefield-tested
solutions that address evolving security challenges.
A Strategic Leap in Air Defense
Development
The executive order directs the construction of a
state-of-the-art missile defense shield to protect the U.S.
from ballistic missiles, hypersonic weapons, advanced cruise
missiles, and other aerial threats. At a recent event in
Florida, Trump remarked, "We
protect other countries, but we don't protect ourselves. Now, we
have phenomenal technology—you see that with Israel. And everything will be made right here
in the USA, 100%."
As the U.S. prepares to launch this ambitious initiative,
Nukkleus's partnership with Translink positions it to evaluate
and acquire cutting-edge companies in the air defense sector.
Translink's proven expertise, demonstrated by deals such as the
Triad RF Systems acquisition by COMROD and VITRON's
acquisition by SOLCERA, underscores its capability to drive
impactful transactions in high-growth industries.
"This executive order underscores the importance of scalable,
advanced solutions in the evolving defense
landscape," said Menny
Shalom, CEO of Nukkleus. "By working with Translink,
we're able to identify companies that not only align with these new
priorities but also support our broader vision for growth in
critical sectors."
Nukkleus and the Strategic Alignment with Defense
Innovation
Several weeks ago, Nukkleus announced its intent
to acquire a 51% stake in Star 26 Capital Inc., the majority owner
of RIMON—a key supplier of certain components for Iron Dome systems
sold globally. With global defense spending and demand for advanced
missile defense systems surging, Nukkleus is strategically poised
to benefit from these trends. There is no guarantee that the
acquisition, which is subject to shareholder approval, will
close.
Expertise Strengthens Strategic Focus
Complementing this effort is Brigadier General Mark Beesley (Ret.), who recently joined
Nukkleus as a senior advisor. With decades of experience in
military leadership and his ability to bridge defense innovations
with industrial applications, Beesley provides valuable insights to
guide the company's focus on acquisitions that align with emerging
defense needs.
Positioning for Long-Term Impact
Trump's executive order signals a transformative moment for the
defense sector, emphasizing the importance of advanced, domestic
missile defense systems. As nations worldwide increase their
defense budgets, Nukkleus's collaboration with Translink and
its strategic advisory expertise uniquely position the company to
navigate and thrive in this rapidly expanding market
About Nukkleus Inc.
Nukkleus Inc.
(NASDAQ: NUKK) is a Nasdaq-listed company focused on innovative
acquisition strategies in key sectors, including defense, financial
services, real estate, and technology. Through targeted investments
and operational excellence, Nukkleus accelerates growth and
delivers measurable returns for stakeholders, reshaping industries
and fostering sustainable value creation.
Forward-Looking Statements
This press release contains forward-looking
statements. All statements other than statements of historical
facts are "forward-looking statements" within the meaning of
federal securities laws. In some cases, you can identify
forward-looking statements by terminology such as "will," "would,"
"expect," "intend," "plan," "objective," or comparable terminology
referencing future events, conditions or circumstances, or the
negative of such terms. Although Nukkleus believes that it has a
reasonable basis for the forward-looking statements contained in
this press release, they are based on management's current beliefs
and expectations about future events and circumstances and are
subject to risks and uncertainties, all of which are difficult to
predict and many of which are beyond the Company's control. Risk
factors described under "Risk Factors" in Nukkleus' most recently
filed annual report on Form 10-K, as updated from time to time in
its quarterly reports on Form 10-Q and other filings with the
Securities and Exchange Commission, may cause actual results,
performance or achievements to differ materially from those
expressed or implied by forward-looking statements in this press
release. You are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date on
which they were made. Nukkleus undertakes no obligation to update
any forward-looking statement contained in this press release to
reflect events that occur or circumstances that exist after the
date of this press release, except as required by law.
For more information, please contact:
YAIR
OHAYON
CMO
Email:
y@nukk.com
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SOURCE Nukkleus, Inc.
