other material
confidence high
sentiment positive
materiality 0.45
Eva Defense signs $1.2M development pact with Boumarang for jam-resistant drone
Eva Live Inc
- $1.2M committed, payable $100K/month from Aug 5, 2026 through Jul 31, 2027; 12-month milestone program.
- Targets sub-55-pound UAS for DDIL (jammed/GPS-denied) comms; 10-20 beta-ready prototypes plus LRIP plan.
- Milestone gates: feasibility, proof of concept, field test, beta; Eva Defense approval required at each.
- Eva Live has no defense revenue to date; program has no customer, contract award, or program of record.
- Boumarang (DE, 2024) builds hydrogen/AI unmanned systems; retains background tech, licensed non-exclusively.