Nukkleus Inc. Receives Shareholder Approval to Acquire Star 26 Capital Inc.

Core Viewpoint - Nukkleus Inc. has received stockholder approval for the acquisition of Star 26 Capital Inc., a defense-focused acquisition company, which is expected to close before December 31, 2025 [1][3]. Group 1: Acquisition Details - Nukkleus will acquire 100% of Star 26 in exchange for a mixed package of cash, equity, and promissory notes, along with shares of Nukkleus common stock and associated warrants for Star 26 shareholders [2]. - The acquisition aims to provide Nukkleus with full ownership of Star 26 and its defense-related assets, enhancing the strategic value of the transaction [3]. Group 2: Market Position and Growth - The acquisition is anticipated to significantly enhance Nukkleus's position in the military UAV and UAS value chain, projected to reach approximately $23 billion by 2030 [4]. - Nukkleus's existing subsidiaries in AI, UAV systems, and GNSS-related technologies will collaborate with Star 26's companies to develop comprehensive unmanned and autonomous defense solutions [4][6]. Group 3: Strategic Benefits - Star 26 brings a portfolio of complementary defense and technology companies, including B. Rimon Agencies Ltd., which supplies critical components for advanced missile defense systems [5]. - The collaboration is expected to yield operational efficiencies through shared resources, streamlined supply chains, and cross-platform integration, while maintaining independent operations for each subsidiary [6]. Group 4: Management Perspective - The CEO of Nukkleus expressed that the acquisition is a logical step as unmanned and autonomous systems become integral to modern defense, enhancing collaboration across various technological domains [7].