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Nukkleus ( (NUKK) ) has issued an update.
On November 25, 2025, Nukkleus Inc. announced that Rimon, an Israeli supplier of components for the Iron Dome missile defense system, is set to benefit from a significant expansion in Iron Dome funding approved by Israel’s Ministry of Defense. This expansion, funded by a substantial U.S. defense assistance package, is expected to drive long-term demand for Rimon’s technology. Nukkleus, through its acquisition process of Rimon, anticipates increased demand for Rimon’s manufacturing capabilities as production requirements grow starting in 2026. The expansion aligns with Israel’s need to bolster its air-defense capacity amid rising regional tensions and potential conflicts, particularly with Iran. This strategic move positions Nukkleus at the core of Israel’s defense industrial base, reinforcing its role in supporting national security.
More about Nukkleus
Nukkleus Inc. (NASDAQ: NUKK) is a strategic acquirer and developer of high-potential businesses in the aerospace and defense industry. The company focuses on acquiring and scaling mission-critical suppliers across the defense, aerospace, and advanced manufacturing sectors, targeting Tier 2 and Tier 3 companies that form the industrial backbone of national security infrastructure in the U.S., Israel, and Europe.
Average Trading Volume: 5,071,160
Technical Sentiment Signal: Sell
Current Market Cap: $87.56M
Find detailed analytics on NUKK stock on TipRanks’ Stock Analysis page.