Nukkleus Acquires Tiltan Software for $14mln, Expands Defense Tech Portfolio

Nukkleus Inc. has acquired Tiltan Software Engineering Ltd. for $14 million. The Israeli company develops synthetic defense data generation, GPS-denied navigation solutions, and advanced simulator systems. The acquisition aligns with the growing demand for simulation platforms and GPS-denied navigation systems in the military sector, which is expected to reach $65.5 billion by 2034.

Nukkleus Inc. (Nasdaq: NUKK), a strategic acquirer and developer of high-growth businesses in the Aerospace and Defense (A&D) industry, has announced the acquisition of Tiltan Software Engineering Ltd. for $14 million. The Israeli company specializes in synthetic defense data generation, GPS-denied navigation solutions, and advanced simulator systems. The acquisition aligns with the growing demand for simulation platforms and GPS-denied navigation systems in the military sector, which is expected to reach $65.5 billion by 2034.

Tiltan brings over 30 years of experience delivering mission-critical solutions to the A&D industry. Its technology portfolio includes AI-driven simulation platforms for autonomous systems, synthetic data generation for machine learning, GPS-denied navigation systems for drones and unmanned vehicles, and immersive 3D environments for complex operational testing. Tiltan serves top-tier clients including Israel Aerospace Industries, Elbit Systems, and Rafael Advanced Defense Systems, and has received multiple innovation and excellence awards from the Israeli Defense Ministry.

Meanwhile, Nukkleus specializes in acquiring and transforming high-potential A&D businesses into market leaders. The acquisition of Tiltan will add cutting-edge defense AI, advanced simulation software, 3D engines, and operational systems to Nukkleus’ A&D portfolio. "This partnership marks a major milestone in Nukkleus’ expansion into high value aerospace and defense technologies," said Menny Shalom, CEO of Nukkleus. "Tiltan’s long-standing track record, award-winning solutions, and proven success make them the ideal partner for us. Their advanced AI-powered simulation platforms, GPS-denied navigation systems, and other groundbreaking products position Nukkleus at the forefront of the global defense and aerospace market."

The $14 million purchase price will be paid via a combination of cash and shares, to be paid over 6 months from the closing. The acquisition is subject to customary closing conditions including receipt of PCAOB audited financial statements of Tiltan and the receipt of required regulatory approvals including notification to the Israeli Defense Export Controls Agency.

References:
[1] https://www.globenewswire.com/news-release/2025/09/02/3142712/0/en/Nukkleus-Inc-Enters-28-Billion-Defense-AI-Market-With-Proposed-Acquisition-of-Tiltan-Software-Engineering-Ltd.html
[2] https://www.stocktitan.net/news/NUKK/nukkleus-inc-enters-28-billion-defense-ai-market-with-proposed-f3c0411z1oyw.html