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VenHub lands top BP c-store tech exec as EVP
Yahoo Finance· 2026-02-10 09:15
Core Insights - VenHub is expanding its presence in the convenience store (c-store) industry with plans to grow its number of locations and enhance its technology offerings [3][6] - The company recently went public on the Nasdaq exchange and currently operates two autonomous c-stores [3][6] - VenHub has hired industry experts Tarang Sethia and Ian Rasmussen to lead its technology and global expansion efforts, indicating a commitment to leveraging experienced leadership for growth [4][6] Company Developments - Tarang Sethia has been appointed as executive vice president of product and technology, bringing significant experience from 7-Eleven and BP [6][8] - Sethia's role will focus on developing scalable tech systems to support VenHub's growth and improve unit economics [6][8] - Ian Rasmussen, known for his work on Amazon's Just Walk Out technology, has also joined VenHub to aid in its expansion and partnerships [4][6] Leadership and Strategy - CEO Shahan Ohanessian emphasized Sethia's expertise in transforming retail operations into technology-driven enterprises, which aligns with VenHub's innovation goals [5][6] - The hiring of experienced leaders from established companies reflects VenHub's strategy to enhance its industry reputation and operational capabilities [4][6][9] - Sethia's previous achievements include building BP's retail operating system and advancing digital platforms at 7-Eleven, showcasing his capability to drive technological advancements [8][9]
Nukkleus Inc. to Showcase Integrated A&D Technologies at Milipol Paris 2025, Highlighting its Role as an Emerging Leader in A&D Technology
Globenewswire· 2025-11-13 14:00
Core Insights - Nukkleus Inc. is positioning itself as a significant player in the aerospace and defense industry by showcasing innovative technologies at Milipol Paris 2025, emphasizing its commitment to enhancing defense and security operations through AI and advanced technologies [2][5]. Company Overview - Nukkleus Inc. focuses on acquiring and developing high-potential businesses within the aerospace and defense sector, targeting Tier 2 and Tier 3 companies that are essential to national security infrastructure in the U.S., Israel, and Europe [5][6]. - The company employs a proprietary capital model that integrates operational capabilities, financial discipline, and long-term vision to modernize and expand strategic suppliers, supporting dual-use innovation and resilient supply chains [5][6]. Event Participation - Nukkleus will exhibit at Milipol Paris 2025 from November 18-21, expecting over 1,100 exhibitors from 160 countries, highlighting its growing influence in the global A&D industry [2][3]. - The exhibit will feature live demonstrations from Zorronet and representatives from partner companies will be available for interviews and briefings [4]. Strategic Collaborations - Nukkleus is collaborating with several companies to showcase integrated capabilities that enhance modern defense and security infrastructure, including: - **Tiltan Software Engineering Ltd.**: Specializes in real-time 3D geospatial intelligence and AI-driven defense applications [6]. - **Zorronet Ltd.**: Develops AI-powered defense networks for real-time threat detection and response [6]. - **Scanary Ltd.**: Provides AI-powered security solutions for checkpoint-free screening using radar imaging [6]. - **Positech Ltd.**: Engineers precision motion systems for enhanced targeting and sensor performance across various domains [6]. Leadership Statement - The CEO of Nukkleus, Menny Shalom, emphasized the company's emerging role in the global defense landscape, leveraging partner strengths to deliver integrated capabilities across multiple domains [5].