Gaxos shares surge 49.17% intraday as America First Defense secures Navy license for counter-drone technology.

Gaxos.ai (NASDAQ: GXAI) surged 49.17% intraday after announcing that its stake in America First Defense (AFD) secured a U.S. Navy license for the Detachable Drone Highjacker (DDH), a drone-mounted electronic warfare payload designed to neutralize hostile unmanned aircraft using precision cyber operations. The licensing agreement positions AFD to commercialize scalable airborne counter-UAS technology, aligning with growing demand for advanced defense solutions. Gaxos emphasized its 19.99% stake in AFD as a strategic move to leverage cutting-edge counter-drone innovations, reinforcing its market position in the defense sector. The announcement, coupled with.