AlphaTON Becomes the First Public Company to Hold the Defense Technology Leader’s Equity in Treasury Reserves, With Plans to Launch an $100 Million Tokenized Fund Via Telegram Mini-App for Continued AccumulationWASHINGTON, D.C., Dec. 16, 2025 (GLOBE NEWSWIRE) -- AlphaTON Capital Corp (NASDAQ: ATON), the world's leading technology public company scaling the Telegram super app, with an addressable market of 1 billion monthly active users, today announced a landmark strategic treasury investment in Anduril Ind ...

Core Insights - AeroVironment, Inc. reported record financial results for the fiscal second quarter ended November 1, 2025, with significant growth in revenue and bookings, indicating a strong market position and demand for its products and services [1][2][7]. Financial Performance - Revenue for the second quarter of fiscal 2026 was $472.5 million, a 151% increase from $188.5 million in the same quarter of fiscal 2025, driven by higher product sales of $173.8 million and service revenue of $110.2 million [2]. - The acquisition of BlueHalo contributed $134.4 million in product revenue and $110.7 million in service revenue for the current quarter [2]. - Gross margin for the quarter was $104.1 million, up 41% from $73.6 million year-over-year, but as a percentage of revenue, it fell to 22% from 39% due to increased service revenue and amortization expenses [3]. - The company reported a loss from operations of $(30.2) million compared to an income of $7.0 million in the prior year, primarily due to increased SG&A expenses and intangible amortization related to the BlueHalo acquisition [4]. - Net loss for the quarter was $(17.1) million, or $(0.34) per diluted share, compared to net income of $7.5 million, or $0.27 per diluted share, in the prior-year period [7]. Bookings and Backlog - The company achieved bookings of $1.4 billion, resulting in a book-to-bill ratio of 2.9, indicating strong demand for its offerings [7]. - As of November 1, 2025, the funded backlog was $1.1 billion, up from $726.6 million as of April 30, 2025, reflecting a robust pipeline of future revenue [9]. Outlook - For fiscal year 2026, AeroVironment expects revenue between $1.95 billion and $2.0 billion, with a projected net loss of $(38) million to $(30) million and non-GAAP adjusted EBITDA of $300 million to $320 million [10][25]. - The forecasted loss per diluted share is expected to be between $(0.76) and $(0.61), with non-GAAP earnings per diluted share projected between $3.40 and $3.55 [10][25].

Core Insights - AeroVironment, Inc. has appointed Milancy Harris as Vice President and Chief Security Officer to enhance its security strategy across its expanding mission portfolio [1][2] - Harris brings extensive experience from both the U.S. Government and private sector, including her recent role as Acting Under Secretary of Defense for Intelligence and Security [2][3] - The company emphasizes its commitment to innovation, national security, and public trust, with Harris stating the importance of protecting AV's people, programs, and technologies [4] Company Overview - AeroVironment (NASDAQ: AVAV) is a leader in defense technology, providing integrated capabilities across various domains including air, land, sea, space, and cyber [4] - The company develops autonomous systems, loitering munitions, counter-UAS technologies, and cyber capabilities, aimed at meeting the needs of modern warfare [4] - AV's core technology, AV_Halo, is an AI-powered suite of software tools designed to enhance battlefield operations [4]

Group 1 - Forterra has announced a formal partnership with Higher Ground to support veterans, first responders, and individuals with disabilities through therapeutic recreation and education [1][2] - The partnership aims to empower veterans by combining Forterra's advanced technology with Higher Ground's therapeutic programs, creating new opportunities for veterans to reconnect and recover [2][4] - Forterra's CEO emphasized the mission to reduce the impact of combat on humans and extend support beyond the battlefield through this partnership [3] Group 2 - Higher Ground has been active for over 25 years, focusing on transforming lives through therapeutic recreation and education, particularly for veterans and first responders [6] - The partnership includes sponsorship of events such as the fall 2025 Fly Fishing Week and aims to facilitate discussions on veteran well-being and transitions into fields like autonomy and defense technology [3][4] - Future initiatives will involve mentorship, technology exposure events, and co-branded service initiatives to enhance the lives of veterans and first responders [3]

Core Viewpoint - Silo Wellness Inc. is transitioning to "Born Defense," focusing on defense and national security investments, guided by the Just War Doctrine, aiming to end "forever wars" and promote responsible national self-defense [1][4]. Company Transition and Strategic Focus - Born Defense will invest in advanced defense technologies, including cybersecurity, autonomous systems, and advanced manufacturing, supporting Canada's defense sector growth in line with NATO's 2% GDP defense spending target by 2027 [2][6]. - The company plans to explore high-potential investments across North America and Europe, delivering ethical and scalable defense solutions [2]. Investment Strategy - The global defense market is projected to reach $676.64 billion by 2029, growing at a 6.4% CAGR, positioning Born Defense to capitalize on growth opportunities [5][6]. - The company aims to leverage strategic capital and deep industry networks to support innovative companies addressing modern security threats [5]. Geopolitical Context - Rising global tensions, including conflicts in Eastern Europe and cybersecurity threats, are driving demand for innovative defense solutions [6][7]. - Born Defense's commitment to ending "forever wars" aligns with the increasing investor interest in socially responsible opportunities [7]. Proposed Changes and Governance - The company will hold a shareholder meeting to approve the name change and elect a board with defense and national security expertise, resulting in a change of control [9]. - The completion of the proposed transaction is subject to various approvals, including financing and regulatory [10]. Divestment and Future Focus - The company plans to divest its psychedelic assets to focus resources on the defense industry, which is seen as having greater growth potential [11][13]. - There is an openness to explore investments in psychedelic therapy aligned with Department of Defense research for PTSD and traumatic brain injuries [11]. Funding and Compliance - Funding for necessary audits and listing statements has been secured, and the company is working to revoke a Cease Trade Order issued due to delayed financial filings [15].