Nukkleus Inc. Acquires Nimbus Drones Technologies, an Israeli UAV and Counter-UAS Company

Core Insights - Nukkleus Inc. has acquired 100% of Nimbus Drones Technologies and Marketing Ltd., expanding its portfolio into the unmanned aerial systems sector [1][2][3] Company Overview - Nukkleus Inc. focuses on acquiring and scaling mission-critical suppliers in the defense, aerospace, and advanced manufacturing sectors, targeting Tier 2 and Tier 3 companies [5] - The company aims to modernize and expand strategic suppliers to support dual-use innovation and resilient supply chains [5] Acquisition Details - Nukkleus issued 1,850,000 shares of common stock and a $3.25 million 24-month convertible note for the acquisition of Nimbus [2] - The convertible note is priced at $2.00 per share, and Nimbus reported revenues of approximately $940,000 for FY 2025 [2] Nimbus Drones Technologies Overview - Nimbus specializes in the design, production, and operation of customized unmanned aerial systems for critical industries [4] - The company offers comprehensive UAV solutions, including drone systems sales, maintenance, mapping, aerial imaging, and counter-UAS research and development [4] Market Positioning - The acquisition strengthens Nukkleus's defense technology portfolio, capitalizing on the growing global demand for unmanned aerial systems [3] - Nukkleus plans to build a cluster of drone companies and technologies to leverage this increasing demand [3]