Gaxos.ai shares surge 55.24% intraday as AFD secures Navy license for counter-drone tech.

Gaxos.ai surged 55.24% intraday following the announcement that its stake in America First Defense (AFD) secured a U.S. Navy license for the Detachable Drone Highjacker (DDH), a precision counter-drone technology. The DDH, developed at the Naval Postgraduate School, enables airborne neutralization of hostile unmanned systems through targeted cyber operations, differentiating it from traditional jamming methods. AFD’s commercialization rights for the technology, coupled with Gaxos’ 19.99% ownership stake, positioned the company at the forefront of a growing counter-UAS market. Multiple news reports highlighted the strategic significance of the Navy license, emphasizing AFD’s potential to scale the technology for defense and infrastructure protection. The development aligned with rising demand for advanced counter-drone solutions, driving immediate investor optimism and fueling the sharp intraday rally.