Twin Vee PowerCats shares rise 16.89% premarket after launching Black Line Defense, a subsidiary focused on autonomous and government maritime solutions.

Twin Vee PowerCats surged 16.89% in premarket trading following the announcement of its new wholly owned subsidiary, Black Line Defense, which targets defense and government maritime solutions. The subsidiary leverages the company’s existing manufacturing infrastructure, engineering expertise, and experience with government clients to pursue contracts with agencies including the Department of Defense and Homeland Security. Management emphasized the strategic alignment with growing demand for reliable, high-performance vessels and the ability to scale production for small unmanned surface vessels. The move signals expansion into a high-potential market segment, positioning Twin Vee to capitalize on federal and state procurement opportunities, which likely drove the significant premarket price increase.