Gaxos.ai Acquires 19.99% Stake in America First Defense
Gaxos.ai announced that it acquired a 19.99% stake in America First Defense. "We believe this transaction places Gaxos at the intersection of AI, defense innovation, and a rapidly accelerating national security priority," said Vadim Mats, Chief Executive Officer of Gaxos. "America First Defense is developing differentiated technologies for a market that is demanding faster, more precise, and more scalable solutions. By securing this ownership position, we are expanding our footprint into a category that we believe provides significant strategic relevance and long-term commercial potential, while continuing to execute on opportunities that we believe can enhance shareholder value."