Nukkleus Management Reflects on the Growing Appetite for Defense Innovations

$NUKK
Professional Services
Consumer Discretionary
Get the next $NUKK alert in real time by email

NEW YORK, Jan. 14, 2025 /PRNewswire/ -- Nukkleus, Inc. ("Nukkleus" or the "Company") (NASDAQ:NUKK), today announced that as geopolitical tensions reshape global priorities, defense budgets worldwide are reaching unprecedented levels. The Wall Street Journal recently reported on Israel's record-breaking defense exports, highlighting the growing reliance on battlefield-tested technologies such as the Iron Dome and Barak MX systems.

Nukkleus Management Reflects on the Growing Appetite for Defense Innovations (Photo credit: Illustration) (PRNewsfoto/Nukkleus, Inc.)

According to the WSJ, deals like Slovakia's €560 million acquisition of the Barak MX exemplify the surging demand for proven technologies capable of addressing modern threats. These developments come as governments worldwide commit billions to defense spending and investors increasingly turn their attention to the resilient and rapidly growing defense sector.

Manny Shalom, CEO of Nukkleus Inc. (NASDAQ:NUKK), commented: "The defense industry is experiencing a historic shift, driven by rising geopolitical tensions and a need for innovative, battle-tested solutions. This is a moment of immense opportunity, as nations and investors alike prioritize technologies that deliver both reliability and scalability."

Global Demand Drives Innovation and Investor Confidence

Defense companies have seen their valuations surge over the past year, fueled by government spending and private sector enthusiasm. From Europe to Asia, countries are rapidly modernizing their defense infrastructures, with Israel emerging as a leading exporter of reliable and efficient solutions.

As part of its broader vision, Nukkleus is exploring transactions in multiple sectors, including defense, to align with emerging global trends and deliver long-term value for its stakeholders.

Mr. Shalom continued: "We believe the appetite for defense innovation has never been greater. Governments are not only increasing their budgets but are actively seeking partners capable of delivering solutions now. It is our position that this trend is transforming the industry and creating opportunities that extend far beyond traditional markets."

Looking Ahead: A New Era for Defense Technologies

As global tensions persist, the defense sector is positioned to lead the next wave of innovation and Nukkleus management believes increased budgets and investor confidence support this. With battlefield-tested technologies in high demand, the industry is poised to shape the future of global security.

Mr. Shalom concluded: "We believe this market is experiencing a redefinition of the global defense landscape. We expect the opportunities ahead to be vast and the momentum we're seeing today as only the beginning."

For more information and to read the full Wall Street Journal article, click here.

About Nukkleus, Inc.

Nukkleus, Inc. (NASDAQ:NUKK) is a Nasdaq company, recently announced an acquisition of Star 26 Capital Inc – a defense-focused acquisition company.

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.

Contact:

Yair Ohayon

CMO

l@nukk.com

Photo - https://mma.prnewswire.com/media/2597872/Nukkleus.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nukkleus-management-reflects-on-the-growing-appetite-for-defense-innovations-302350772.html

SOURCE Nukkleus, Inc.

Get the next $NUKK alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$NUKK

DatePrice TargetRatingAnalyst
More analyst ratings

$NUKK
Press Releases

Fastest customizable press release news feed in the world

See more
  • Market Alert: Silynxcom's Drone Awareness Technology Positioned for Growth as Governments Allocate Billions to Counter-Drone Programs Following Russia-Ukraine "Drone War" Lessons

    After ZenaTech's 600% Surge in November, Could Silynxcom Be the Next Drone-Related Multibagger? Silynxcom's Drone Sounds Awareness Tech Could to Disrupt $11.12 Billion Counter-Drone Market with Wall Street Analysts Maintaining "Buy" Rating and $8 Price Target; Company Successfully Field Tests Key Drone-Awareness Technology as Global Defense Spending Surges to $2.46 Trillion; Israeli Defense Tech Stocks Like Nukkleus with 1000%+ Gains Demonstrate Potential Upside as Militaries Worldwide Ramp Up Spending; $19.1 Billion Tactical Communications Market Seeing Massive Growth Market News Alerts Reports: The escalating drone warfare landscape, dramatically illustrated by Ukraine's innovative use o

    $NUKK
    $SYNX
    $ZENA
    Professional Services
    Consumer Discretionary
    Consumer Electronics/Appliances
    Consumer Staples
  • Market News Alert: After Nukkleus' 1000% Rise, Wall Street Thinks Silynxcom Could be a Potential Multibagger Israeli Defense Tech Stock

    Silynxcom Emerges as Rising Tactical Communications Powerhouse with Wall Street Analysts Targeting $8 Price Point and giving the company a ‘Buy' rating; Silynxcom is targeting a $19B Market Opportunity Amid Global Defense Spending Surge to $2.46 Trillion; Israeli Defense Tech Stocks like Nukkleus which saw over 1000% gains post-merger could be a precedent as Silynxcom is positioned to benefit from expected booming demand for Israeli defense innovation Market News Alerts Reports: Global defense spending has rocketed to $2.46 trillion in 2024, representing a 7.4% real-terms increase that reflects the escalating geopolitical tensions across the globe. This unprecedented surge signals more tha

    $NUKK
    $SYNX
    Professional Services
    Consumer Discretionary
    Consumer Electronics/Appliances
    Consumer Staples
  • Nukkleus Advisory Board Member Brigadier General (Ret.) Mark Beesley Highlights Rimon's Strategic Role in Trump's 'Golden Dome' Missile Defense Initiative

    NEW YORK, March 6, 2025 /PRNewswire/ -- Retired Brigadier General Mark Beesley, senior advisor to Nukkleus Inc. (NASDAQ:NUKK), has addressed the significance of President Donald Trump's executive order to develop a U.S. missile defense shield, known as the "Golden Dome," inspired by Israel's Iron Dome. President Trump's executive order marks a historic shift in U.S. defense policy, prioritizing the construction of a state-of-the-art missile defense system designed to counter ballistic missiles, hypersonic weapons, and cruise missile threats. The initiative emphasizes domestic production and leveraging battle-tested technologies, with companies across the defense sector expected to play a ro

    $NUKK
    Professional Services
    Consumer Discretionary

$NUKK
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$NUKK
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$NUKK
SEC Filings

See more

$NUKK
Leadership Updates

Live Leadership Updates

See more
  • Nukkleus Appoints Brigadier General (Ret.) Mark Beesley as Strategic Advisor for Defense Acquisitions

    NEW YORK, Jan. 24, 2025 /PRNewswire/ -- Nukkleus Inc. (NASDAQ:NUKK) is proud to announce the appointment of Brigadier General (Ret.) Mark Beesley as Strategic Advisor to the Board, focusing on defense sector acquisitions. This appointment follows the unanimous approval by the Nukkleus Board of Directors to establish an Advisory Board, demonstrating the company's commitment to leveraging strategic guidance for its growth in key sectors. Mark Beesley: From Military Leadership to Civilian Innovation General Beesley served over three decades in the U.S. Air Force, holding critical

    $NUKK
    Professional Services
    Consumer Discretionary

$NUKK
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more