Core Insights - Nukkleus Inc. has successfully acquired Tiltan Software Engineering Ltd., a leader in defense AI simulation and navigation systems, making it a wholly owned subsidiary [1][5] - The acquisition positions Nukkleus in rapidly growing segments of the defense technology market, particularly in AI and military simulation [3][4] Company Overview - Nukkleus Inc. focuses on acquiring and scaling mission-critical suppliers in defense, aerospace, and advanced manufacturing, targeting Tier 2 and Tier 3 businesses [6] - Tiltan has over 30 years of experience and serves major defense contractors like Israel Aerospace Industries, Elbit Systems, and Rafael Advanced Defense Systems [7] Market Potential - The defense AI market is projected to grow from $28 billion to $65.5 billion by 2034, while the military simulation market is expected to exceed $21 billion by 2030 [3] - Demand for GPS-denied navigation solutions is increasing due to modern warfare challenges, particularly in regions like Ukraine and the Baltic [3] Acquisition Details - The purchase price for Tiltan is NIS 47,600,000 (approximately $14 million), with 75% payable in cash and 25% in Nukkleus common stock [4] - The payment obligations are secured by a pledge of the acquired Tiltan shares [4] Strategic Positioning - The acquisition of Tiltan complements Nukkleus's pending acquisition of Star 26 Capital, enhancing its capabilities in AI, simulation, unmanned systems, and defense electronics [5]