BiomX launches X Security & Defense subsidiary in Israel

BiomX (PHGE) announced the launch of X Security & Defense LTD., a new wholly-owned subsidiary. The company will finance its 2026 operations with over $3M from internal funds, including for operations and acquisitions related to security, defense and first response. For its initial transaction, BiomX has signed a non-binding LOI with an unrelated third party to secure the exclusive distribution rights in Israel for an advanced aerial firefighting system from a drone components and payload developer. The proposed license would grant X Security & Defense the rights to distribute drone-based fire suppression solutions. The system utilizes high-pressure water and fire-retardant dispersion, enabling fire suppression while reducing risk to personnel and minimizing reliance on traditional aerial or ground-based firefighting methods, while also supporting first responders with enhanced situational awareness and rapid response capabilities. BiomX’s intended investment will fund X Security & Defense’s operations and initial deployment of this