Nukkleus Completes Acquisition of Tiltan Software Engineering for NIS 47.6 Million
Nukkleus announced the closing of its acquisition of Tiltan Software Engineering. Tiltan is now a wholly owned subsidiary of the Company. The company said, "Tiltan's technology is embedded in some of the world's most advanced defense programs. Tiltan's simulation platforms train pilots and operators for Israel Aerospace Industries, its synthetic data accelerates machine learning development for Elbit Systems, and its GPS-denied navigation systems enable Rafael Advanced Defense Systems platforms to operate in contested electromagnetic environments. The Israeli Ministry of Defense has recognized Tiltan with multiple innovation and excellence awards over its three-decade history." The purchase price of NIS 47,600,000 is payable 75% in cash through six installments ending June 2026, and 25% in Nukkleus common stock released from escrow on the settlement date. The Company's payment obligations are secured by a pledge of the acquired Tiltan shares.
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Nukkleus (NUKK) Acquires Nimbus Drones, Shares Rise 5.5%
- Acquisition Completed: Nukkleus has finalized its acquisition of Israeli Nimbus Drones Technologies, issuing 1.85 million shares and a $3.25 million convertible note, demonstrating its commitment to expanding in the drone sector.
- Strong Market Demand: CEO Menny Shalom noted that the unmanned aerial systems sector is experiencing significant global demand, and Nimbus's expertise in UAV operations and counter-UAS technology will enhance its competitive position in the market.
- Financial Arrangement: The transaction was completed through the issuance of a convertible note with a 24-month maturity and a conversion price of $2.00 per share, indicating the company's confidence in future stock performance.
- Stock Price Reaction: Following the completion of the acquisition, Nukkleus shares rose 5.5% in premarket trading, reflecting positive market sentiment regarding the acquisition and recognition of the company's growth potential.

Nukkleus Inc. Acquires Nimbus Drones for $3.25 Million in Stock and Notes
- Acquisition Overview: Nukkleus Inc. has acquired 100% of Nimbus Drones for 1,850,000 shares and a $3.25 million convertible note, demonstrating its commitment to expanding in the aerospace and defense sectors.
- Financial Context: With Nimbus generating approximately $940,000 in revenue for FY 2025, this acquisition is expected to provide Nukkleus with new revenue streams and enhance its competitive position in the drone market.
- Market Demand: CEO Menny Shalom highlighted the ongoing global demand for unmanned aerial systems, noting that Nimbus's expertise in UAV operations and counter-UAS technology will provide strategic advantages for the company.
- Future Development Strategy: Nukkleus aims to consolidate drone companies and technologies to leverage the increasing demand for robotic and drone solutions, further solidifying its core position in the defense industrial landscape.









