T3 Defense acquires 60% of Project 35; issues 21M shares and $1.25M note

T3 Defense Inc.

Acquired 60% equity of Project 35, an Israeli supplier of unmanned aerial systems and counter-UAV tech.
Consideration: 21,059,871 shares of common stock and a $1,250,000 promissory note at 12% interest, maturing July 5, 2027.
T3 also committed to invest $2,500,000 in Project 35 over the next 12 months for development of FPV loitering munitions and interceptor.
Project 35's HY-380 autonomous aerial interceptor completed successful live-fire field trials; systems are AS9100 certified and NDAA compliant.
Financial statements of acquired business to be filed within 71 days via amendment.

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