M&A
confidence high
sentiment positive
materiality 0.85
T3 Defense Inc. (DFNS): M&A transaction — Nukkleus completes Star 26 acquisition; gains Iron Dome supplier and AI defense tech
T3 Defense Inc.
- Acquired 100% of Star 26 for $16M note, $500K cash, 4.77M shares, warrants for 12M shares at $1.50, plus two promissory notes ($3M each).
- Portfolio includes B. Rimon Agencies (Iron Dome components), Water.io (smart hydration plus Zorronet AI), ITS/Positech (motion control).
- CEO Menachem Shalom, also Star 26's controlling shareholder, now holds ~27.83% of Nukkleus after deal.
- Deal enhances position in UAV/UAS value chain expected to reach ~$23B by 2030.