Q2 Revenue Grows 41% Year-Over-Year to a Record $28.5 Million as Byrna Introduces New Compact Launcher and Increases Dealer Sales 106% Over Prior Year on the Back of the Sportsman’s Warehouse PartnershipANDOVER, Mass., July 10, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today reported select financial results for ...

Of the 30 most in- demand companies for secondaries, these are the top risers and fallers for the last quarter according to Seta. Starting with shooting up the rankings, number one, Perplexity rose an incredible 12 places to number seven. The AI search company is in latestage talks to raise $500 million at a $14 billion valuation.I think it'll be higher. And Apple executives have held internal discussions about potentially acquiring the company. It has been reported.Second, we have Kraken, rising 15 places ...

Acquisition bolsters Parsons’ electromagnetic warfare and all-domain solutions for the U.S. defense marketCHANTILLY, Va., July 01, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has acquired Maryland-based Chesapeake Technologies International, Corp (CTI), a portfolio company of Bluestone Investment Partners, in a transaction valued at $89 million. Founded in 2000, CTI strengthens Parsons’ defense customer posture with the Special Operations forces and enhances Parsons’ posi ...

Core Points - Lockheed Martin Corporation's board of directors has authorized a dividend of $3.30 per share for the third quarter of 2025 [1] - The dividend will be payable on September 26, 2025, to shareholders on record as of the close of business on September 2, 2025 [1] Company Overview - Lockheed Martin is a global defense technology company focused on innovation and scientific discovery [2] - The company provides all-domain mission solutions and promotes a vision of 21st Century Security® to deliver transformative technologies [2]

Core Viewpoint - Stifel analyst Jonathan Siegmann maintains a Buy rating on AeroVironment, Inc. with a price target of $240, following the company's strong fourth-quarter results that exceeded analyst expectations in both earnings and revenue [1][2]. Financial Performance - AeroVironment reported quarterly earnings of $1.61 per share, surpassing the consensus estimate of $1.42 [1]. - Quarterly revenue reached $275.05 million, exceeding the Street estimate of $242.69 million [1]. - Adjusted EBITDA was $62 million, representing a margin of 22.4%, which was above Siegmann's estimate of $53 million and the consensus of $55 million [4]. Revenue Drivers - The outperformance in the quarter was primarily driven by stronger-than-expected revenue from Loitering Munitions (LMS), which totaled $138 million, significantly higher than the forecast of $95 million [3]. - The company’s management provided fiscal year 2026 guidance that aligned with previous projections, indicating confidence in future performance [3]. Strategic Insights - The planned increase in capital expenditure is viewed positively, as it is expected to enhance organic growth in next-gen defense technology [4]. - The recent merger with BlueHalo is anticipated to expand AeroVironment's capabilities in critical defense areas such as space, counter-drone systems, and missiles, which are priorities for the Department of Defense [6]. Market Reaction - Following the earnings report, AeroVironment's shares increased by 21.6%, trading at $234.97 [7].

Core Viewpoint - AeroVironment's stock price is projected to reach new highs this year, supported by strong Q4 results and positive guidance, indicating a bullish market sentiment [1][2]. Financial Performance - AeroVironment reported a nearly 40% year-over-year revenue growth in Q4, with significant contributions from various segments: Loitering Munitions Systems grew by 87%, MacReady Works by 24%, and Uncrewed Systems by 8% [6]. - The company's income from operations, net income, adjusted EBITDA, and adjusted EPS all more than doubled, with adjusted EBITDA and EPS growing more than 3x and 4x, respectively [7]. Market Guidance - The guidance for FY2026 anticipates robust growth, driven by the acquisition of BlueHalo, a defense contractor focused on advanced automated systems, with expected revenue growth exceeding 135% [8]. - Bookings reached record levels in FY2025, surpassing $1.2 billion, and are expected to continue accelerating due to increased demand for automated systems amid geopolitical tensions [9]. Analyst Sentiment - Analysts have shown a bullish sentiment towards AeroVironment, with upgrades and price target increases leading up to the release, and a positive report from Stifel highlighting the company's position in next-gen defense technology [3][4]. - The stock's price forecast ranges from a low of $190 to a high of $245, with an average target of $213, indicating potential for further price appreciation [10]. Institutional Support - Institutional ownership exceeds 85%, with strong buying activity noted in Q1 and Q2 of 2025, contributing to a robust support base for the stock [10]. - Short interest reached nearly 15% ahead of the report, with short-covering contributing to the stock's price rise [10].

Core Insights - The company achieved record total revenue of $821 million for FY2025, a 14% increase year-over-year, with Q4 revenue reaching $275 million, up 40% compared to the previous year [4][19][37] - Total bookings for FY2025 amounted to $1.2 billion, indicating strong demand for the company's core offerings [4][15] - The funded backlog at the end of FY2025 was $726 million, an 82% increase from the prior fiscal year [4][15] - The company secured a nearly $1 billion five-year U.S. Army IDIQ sole-source contract, marking the largest contract in its history [4][6] - International revenue accounted for 52% of total revenue in FY2025, with non-Ukraine European customers contributing over 24% [4][20] Financial Performance - Adjusted EBITDA for Q4 FY2025 was $61.6 million, significantly up from $22.2 million in the same quarter last year, and $146.4 million for the full fiscal year, representing 17.8% of revenue [4][22] - GAAP net income for Q4 FY2025 was $16.7 million, an increase of $10.6 million year-over-year, while full-year GAAP net income was $43.6 million, down $16 million due to various impairments and costs [5][28] - Adjusted EPS for Q4 FY2025 was $1.61, compared to $0.43 for the same period in FY2024 [8][28] Segment Performance - Loitering Munitions Systems (LMS) revenue rose 87% to $138 million in Q4 FY2025 and 83% to $352 million for the full fiscal year [4][17] - The UXS segment reported Q4 revenue of $113 million, a nearly 9% increase, while full-year revenue was slightly lower at $382 million [4][17] - McCready Works segment revenue increased 24% to $24 million in Q4 FY2025, with full-year revenue at $87 million, a 14% increase [4][17] Strategic Initiatives - The company closed the acquisition of Blue Halo, enhancing its position in the defense technology sector with a comprehensive portfolio across multiple domains [15][38] - FY2026 revenue guidance is set between $1.9 billion and $2 billion, with adjusted EBITDA expected to be between $300 million and $320 million [8][33] - The company plans to operate under two distinct business segments starting in FY2026: Autonomous Systems and Space Cyber Directed Energy [18][31] Market Outlook - The company anticipates strong organic growth driven by increased demand for its innovative solutions, particularly in the U.S. Department of Defense sector [6][9] - The P550 and Red Dragon products are expected to generate significant revenue in the coming years, with initial orders anticipated soon [9][53] - The company is well-positioned to capitalize on emerging global defense priorities, with a focus on delivering next-generation solutions [18][39]

New Solution Combines AI, Thermal Imaging, and Multi-Sensor Stitching to Create a Seamless View for Defense and Security Operations Rehovot, Israel, June 20, 2025 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)-based edge computing technology, is proud to announce the completion of the first prototype of Peridot – an AI-based passive observation system designed for comprehensive situational awareness. Peri ...

Company Overview - Helsing, a European defense technology startup, has raised 600 million euros ($693.6 million) in a new funding round led by Prima Materia, a venture capital firm founded by Spotify CEO Daniel Ek [1] - Existing investors include Lightspeed Venture Partners, Accel, Plural, General Catalyst, and Saab, with new investments from BDT & MSD Partners [2] Industry Trends - The defense technology sector has become increasingly attractive to investors due to ongoing global conflicts, such as the Ukraine war and the recent escalation in the Middle East [2] - In 2024, venture funding in Europe's defense, security, and resilience sector reached an all-time high of $5.2 billion, marking a 30% growth over the past two years, while the broader VC market experienced a 45% decline during the same period [3]

Core Insights - Oracle has launched the Oracle Defense Ecosystem, a global initiative aimed at enhancing the delivery of defense and government technology innovation, focusing on national security and the integration of cloud and AI technologies [1][2] - The initiative addresses challenges faced by national security teams in accessing advanced technologies due to complex procurement processes and strict qualification standards [2] Group 1: Oracle Defense Ecosystem Overview - The Oracle Defense Ecosystem aims to create new opportunities for defense innovators by leveraging Oracle's cloud and AI technologies [1] - Initial members of the ecosystem include companies such as Arqit, Blackshark.ai, and Nokia Federal Solutions, among others [1] Group 2: Benefits for Members - Members can access Oracle's sales support to develop tailored solutions for the global defense industry [5] - The ecosystem provides access to Palantir's software platform for operational and product development support [5] - Members can utilize the Oracle Cloud Marketplace for global solution availability and continuous integration [5] - Dedicated executive advisors will assist members with defense technology and procurement expertise [5] - The ecosystem facilitates accelerated compliance with Cybersecurity Maturity Model Certification (CMMC) and Secure Cloud Computing Architecture (SCCA) [5] - Members will benefit from preferred pricing for Oracle NetSuite's AI-powered business management suite [5] - Access to secure office space and training credits from Oracle University is also available for members [5]