Genenta Science shares surge 22.31% intraday after strategic pivot to defense sector, acquiring ATC and securing Praexidia Foundation partnership.

Genenta Science surged 22.31% intraday trading after announcing a strategic transformation into a defense and national security-focused industrial consolidator, rebranding to Saentra Forge. The company plans to acquire privately held Italian businesses in regulated sectors, including its first target ATC, a high-precision defense manufacturer. ATC’s projected revenue growth (€4.0 million in 2026 to €9.0 million in 2027) and the Praexidia Foundation’s strategic investment added credibility. This pivot, along with a projected $33 million cash reserve by 2025, signaled operational and financial alignment, driving investor optimism.