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Nukkleus ( (NUKK) ) has provided an update.
On August 20, 2025, Nukkleus Inc. entered into an Exclusive Distribution Agreement with Blade Ranger Ltd., an Israeli company specializing in drone payloads for the solar energy market and defense sectors. This agreement grants Nukkleus exclusive rights to distribute Blade Ranger’s unique drone payload for defense and homeland security in the U.S. Nukkleus will pay $100,000 for these rights and commit to purchasing increasing quantities of the product over three years. The company will establish a new subsidiary, Nukkleus Defense Technologies, Inc., in Delaware to focus on defense-related products and explore proprietary solutions for the defense and aerospace markets.
More about Nukkleus
Average Trading Volume: 361,556
Technical Sentiment Signal: Sell
Current Market Cap: $29.71M
See more insights into NUKK stock on TipRanks’ Stock Analysis page.