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Byrna Technologies Reports Fiscal Second Quarter 2025 Results
Globenewswire· 2025-07-10 12:00
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 ...
Setter’s Top 30
20VC with Harry Stebbings· 2025-07-02 16:16
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 ...
Parsons Acquires Chesapeake Technologies International
Globenewswire· 2025-07-01 10:30
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 ...
Lockheed Martin Declares Third Quarter 2025 Dividend
Prnewswire· 2025-06-25 23:43
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]
This Defense Tech Innovator Just Crushed Earnings: What's Next?
Benzinga· 2025-06-25 17:05
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].
AeroVironment Will Hit New Highs This Year: Bull Flag Confirmed
MarketBeat· 2025-06-25 16:51
AeroVironment TodayAVAVAeroVironment$240.45 +47.17 (+24.40%) 52-Week Range$102.25▼$249.52P/E Ratio204.12Price Target$213.00Add to WatchlistAeroVironment’s NASDAQ: AVAV stock price is expected to reach a new high this year, as the Q4 results and guidance have affirmed bullish analysts' expectations, resulting in a bullish technical signal with significant upside implications. The signal is a Bullish Flag Pattern, a continuation signal indicating that the $50 price rally preceding it is likely the first half ...
AeroVironment (AVAV) Q4 2025 Earnings Transcript
The Motley Fool· 2025-06-25 13:29
Image source: The Motley Fool. Tuesday, June 24, 2025, at 4:30 p.m. EDT CALL PARTICIPANTS Need a quote from one of our analysts? Email [email protected] ID/IQ (Indefinite Delivery/Indefinite Quantity): A government contract vehicle that provides for an indefinite quantity of supplies or services during a fixed period. UXS: Refers to uncrewed systems segment, encompassing unmanned aerial and ground vehicles. Switchblade: AeroVironment's family of loitering munition systems, including Switchblade 300 and 600, ...
Maris-Tech Unveils Peridot: A New AI-Powered Observation System for Comprehensive Threat Detection
Globenewswire· 2025-06-20 13:10
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 ...
Spotify's Daniel Ek leads $694 million investment in defense startup Helsing
CNBC· 2025-06-17 12:41
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]
Oracle Launches First-of-its-Kind Defense Ecosystem to Redefine National Security Innovation
Prnewswire· 2025-06-17 06:04
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]