/C O R R E C T I O N -- Nukkleus, Inc./
Nukkleus Inc (NASDAQ: NUKK) has acquired a 51% controlling stake in Star 26 Capital Inc, a defense acquisition company that owns 95% of RIMON, an Israeli supplier of components for the Iron Dome missile defense system. The transaction, completed on December 15, 2024, included cash, promissory notes, common stock, and stock warrants.
RIMON's operations encompass two main business lines: distribution of generators, masts, and lighting solutions through exclusive distributorship agreements, and development of tactical vehicles for defense forces. The acquisition includes an option for Nukkleus to acquire the remaining equity in Star 26 in the future.
According to newly appointed CEO Manny Shalom, this strategic move positions Nukkleus in the growing defense industry, capitalizing on increased investments due to geopolitical shifts in the Middle East and Ukraine. The company plans to integrate Star 26 operations while exploring expansion into financial services, real estate, and technology sectors.
Nukkleus Inc (NASDAQ: NUKK) ha acquisito una partecipazione di controllo del 51% in Star 26 Capital Inc, una società di acquisizione nel settore della difesa che possiede il 95% di RIMON, un fornitore israeliano di componenti per il sistema di difesa missilistica Iron Dome. La transazione, completata il 15 dicembre 2024, ha incluso denaro contante, note promissorie, azioni ordinarie e warrant azionari.
Le operazioni di RIMON comprendono due linee di business principali: distribuzione di generatori, mast e soluzioni di illuminazione attraverso accordi di distribuzione esclusiva, e sviluppo di veicoli tattici per le forze di difesa. L'acquisizione include un'opzione per Nukkleus di acquisire in futuro il restante capitale di Star 26.
Secondo il nuovo CEO Manny Shalom, questa mossa strategica posiziona Nukkleus nell'industria della difesa in crescita, capitalizzando sugli investimenti crescenti a causa dei cambiamenti geopolitici in Medio Oriente e in Ucraina. L'azienda prevede di integrare le operazioni di Star 26 mentre esplora un'espansione nei settori dei servizi finanziari, del real estate e della tecnologia.
Nukkleus Inc (NASDAQ: NUKK) ha adquirido una participación de control del 51% en Star 26 Capital Inc, una empresa de adquisiciones en el sector de defensa que posee el 95% de RIMON, un proveedor israelí de componentes para el sistema de defensa de misiles Iron Dome. La transacción, completada el 15 de diciembre de 2024, incluyó efectivo, notas promisorias, acciones ordinarias y opciones sobre acciones.
Las operaciones de RIMON abarcan dos líneas de negocio principales: distribución de generadores, mástiles y soluciones de iluminación a través de acuerdos de distribución exclusivos, y desarrollo de vehículos tácticos para las fuerzas de defensa. La adquisición incluye una opción para que Nukkleus adquiera en el futuro el capital restante de Star 26.
Según el nuevo CEO Manny Shalom, este movimiento estratégico posiciona a Nukkleus en la creciente industria de defensa, aprovechando el aumento de inversiones debido a cambios geopolíticos en Medio Oriente y Ucrania. La empresa planea integrar las operaciones de Star 26 mientras explora la expansión en servicios financieros, bienes raíces y sectores tecnológicos.
Nukkleus Inc (NASDAQ: NUKK)는 Star 26 Capital Inc의 51% 지분을 인수했습니다. 이 회사는 이스라엘의 Iron Dome 미사일 방어 시스템의 부품 공급업체인 RIMON의 95%를 보유한 방위 인수 회사입니다. 2024년 12월 15일에 완료된 이 거래에는 현금, 약속어음, 보통주 및 주식 매입권이 포함되었습니다.
RIMON의 운영은 두 가지 주요 사업 분야로 나뉩니다: 독점 유통 계약을 통한 발전기, 마스트 및 조명 솔루션의 배급과 방위군을 위한 전술 차량 개발입니다. 이 인수에는 Nukkleus가 나중에 Star 26의 남은 지분을 인수할 수 있는 옵션이 포함됩니다.
신임 CEO인 Manny Shalom에 따르면, 이 전략적 조치는 Nukkleus를 성장 중인 방위 산업에 위치시키며, 중동과 우크라이나의 지정학적 변화로 인한 증가하는 투자에 기초하여 있습니다. 회사는 Star 26의 운영을 통합하면서 금융 서비스, 부동산, 기술 분야로의 확장도 모색할 계획입니다.
Nukkleus Inc (NASDAQ: NUKK) a acquis une participation de contrôle de 51 % dans Star 26 Capital Inc, une société d'acquisition de défense qui possède 95 % de RIMON, un fournisseur israélien de composants pour le système de défense antimissile Iron Dome. La transaction, finalisée le 15 décembre 2024, comprenait des espèces, des billets à ordre, des actions ordinaires et des bons de souscription d'actions.
Les opérations de RIMON englobent deux principales lignes d'activité : la distribution de générateurs, de mâts et de solutions d'éclairage par le biais d'accords de distribution exclusifs, et le développement de véhicules tactiques pour les forces de défense. L'acquisition comprend une option pour Nukkleus d'acquérir à l'avenir le reste des actions de Star 26.
Selon le nouveau PDG Manny Shalom, ce coup stratégique positionne Nukkleus dans l'industrie de la défense en plein essor, profitant des investissements accrus en raison des changements géopolitiques au Moyen-Orient et en Ukraine. L'entreprise prévoit d'intégrer les opérations de Star 26 tout en explorant une expansion dans les secteurs des services financiers, de l'immobilier et de la technologie.
Nukkleus Inc (NASDAQ: NUKK) hat eine 51%ige kontrollierende Beteiligung an Star 26 Capital Inc erworben, einem Unternehmen für Verteidigungsakquisitionen, das 95% von RIMON, einem israelischen Anbieter von Komponenten für das Iron Dome-Raketenabwehrsystem, besitzt. Die Transaktion, die am 15. Dezember 2024 abgeschlossen wurde, umfasste Bargeld, promissory notes, Stammaktien und Aktienoptionen.
Die Geschäftstätigkeit von RIMON umfasst zwei Hauptgeschäftsbereiche: den Vertrieb von Generatoren, Masten und Beleuchtungslösungen durch exklusive Vertriebsvereinbarungen sowie die Entwicklung von taktischen Fahrzeugen für die Verteidigungskräfte. Die Übernahme beinhaltet eine Option für Nukkleus, in Zukunft die verbleibenden Anteile an Star 26 zu erwerben.
Laut dem neu ernannten CEO Manny Shalom positioniert dieser strategische Schritt Nukkleus in der wachsenden Verteidigungsindustrie und nutzt die steigenden Investitionen, die durch geopolitische Veränderungen im Nahen Osten und in der Ukraine bedingt sind. Das Unternehmen plant, die Operationen von Star 26 zu integrieren, während es gleichzeitig eine Expansion in die Bereiche Finanzdienstleistungen, Immobilien und Technologie erkundet.
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In the news release, Nukkleus, Inc. Achieves Strategic Milestone with Acquisition of a Controlling Stake in Star 26 a Defense-focus acquisition company and a provider of
Nukkleus, Inc. Achieves Strategic Milestone with Acquisition of a Controlling Stake in Star 26 a Defense-focus acquisition company
The transaction, finalized on December 15, 2024, involved cash, a promissory note, Nukkleus's common stock and warrants to purchase additional shares of common stock of Nukkleus. This acquisition also includes an option agreement allowing Nukkleus to acquire the remaining equity in Star 26 at a later date.
With this acquisition, Nukkleus gains control over RIMON's diversified operations, which include two key business lines:
Distribution of Generators, masts and Lighting Solutions: RIMON operates through exclusive distributorship agreements with leading suppliers.
Development of Tactical Vehicles: RIMON designs, engineers, and integrates tactical vehicles, including reconnaissance vehicles, mobile command and control units, and satellite broadcast platforms, serving special defense forces, intelligence agencies, and the Israeli Defense Forces (IDF).
Manny Shalom, the newly appointed CEO of Nukkleus stated "This merger positions Nukkleus at the forefront of a booming defense industry. Our acquisition of Star 26 and RIMON aligns with our strategic pivot to capitalize on opportunities in the defense sector, which has seen rapid growth due to geopolitical shifts in the
He added "RIMON's expertise in defense products, coupled with its established relationships with defense exporters like Rafael and Elbit Systems, strengthens Nukkleus's capabilities in delivering innovative defense solutions."
As part of its expansion strategy, Nukkleus plans to integrate Star 26 operations into its business structure while exploring further growth opportunities. The company also plans to broaden its activities into other sectors like financial services, real estate, and technology, leveraging its financial expertise to seize emerging opportunities in the changing region of the middle east.
Looking Ahead
The combined entity will focus on the Israeli and US market opportunities – acquiring controlling interest in medium-sized companies while providing them financing and global business development opportunities. With a shared commitment to innovation and excellence, Nukkleus and Star are poised to drive growth and deliver value to shareholders, customers, and stakeholders alike.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the anticipated benefits of the acquisition, expected market trends, and future performance. Actual results may differ materially due to various factors. For a detailed discussion of these risks, please refer to Nukkleus's filings with the Securities and Exchange Commission (SEC).
Contact:
Yair Ohayon
CMO
l@nukk.com
View original content:SOURCE Nukkleus, Inc.
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