Nukkleus shares surge 10.12% intraday after acquiring Star 26 Capital to expand military drone tech portfolio, targeting $23B market by 2030.

Nukkleus surged 10.12% intraday after announcing the acquisition of Star 26 Capital, integrating its precision manufacturing and advanced computer vision defense technologies to expand into the military drone market, projected to reach $23 billion by 2030. The acquisition, funded through cash, promissory notes, common shares, and warrants, strengthens Nukkleus’s position in the defense sector by consolidating critical assets and accelerating its strategic growth in the unmanned systems value chain.