Genenta Science shares rise 10.38% intraday as strategic pivot to defense, rebranding as Saentra Forge and acquiring ATC.

Genenta Science surged 10.38% intraday following its strategic rebranding to Saentra Forge and a shift toward defense and national security sectors. The company announced plans to acquire ATC, a high-precision defense manufacturer, via performance-based capital increases, projecting €9 million in 2027 revenues. The Praexidia Foundation, a defense-industry-linked entity, became a long-term shareholder, enhancing governance. Genenta also highlighted a $33 million cash reserve by 2025, bolstering confidence in its acquisition strategy. These moves position the company as a consolidator in regulated defense sectors, aligning with strong investor sentiment amid geopolitical demand for security-focused industries.