Nukkleus Inc. to Acquire 100% of Star 26 Creating a Unified Defense Powerhouse

NEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) — Nukkleus Inc. (Nasdaq: NUKK) (“NUKK” or “the Company”), a strategic acquirer and developer of high-growth businesses in the Aerospace and Defense (A&D) industry, today announced the signing of an Amended and Restated Securities Purchase Agreement to acquire 100% of Star 26 Capital Inc. (“Star 26”). The acquisition, initially announced in December 2024 as a 51% stake with an option to acquire for the remainder, is still pending and subject to shareholder approval. This period has enabled both Nukkleus and Star 26 to significantly expand their portfolio and operational strength.

Upon closing, the acquisition will strengthen Nukkleus’s ability to deliver integrated Aerospace and Defense solutions across critical domains. Nukkleus’ subsidiaries in artificial intelligence, UAV systems, and GNSS technologies will now operate alongside Star 26’s companies specializing in advanced power systems, motion control, and command & control platforms. Together, the combined portfolio aims to create lasting partnerships linking software and systems integration with proven hardware and infrastructure capabilities.

Star 26 has acquired Rimon, a leading Israeli supplier of critical components for the Iron Dome and other defense systems; Has granted a convertible loan to ITS/Positech, a specialist in advanced motion control and targeting technologies; has acquired 67% of Water.io (TASE: WATR), a pioneer in smart hydration technology, which recently announced a non-binding LOI to acquire Zorronet, a developer of AI-powered unmanned control rooms and integrated physical security platforms. These companies will join Nukkleus’s growing portfolio to collaborate across the fields of AI, UAVs, aerospace, C2, and overall defense infrastructure. 

Upon closing, the acquisition will deliver meaningful economies of scale as Nukkleus’ and Star 26’s subsidiaries will be able to benefit from shared facilities resources, streamlined supply chains, and expanded international distribution channels. Each company within the portfolio will have the ability to leverage the strengths of the group, ensuring greater efficiency, reduced costs, and faster time-to-market for next-generation defense solutions.

This strategic integration underscores Nukkleus’s commitment to building a global portfolio of strong and successful companies that can adapt, evolve, and deliver sustained value in an increasingly complex defense landscape. In addition, each subsidiary will benefit from shared expertise, resources, and market access, while investors will gain exposure to a diversified and collaborative defense technology portfolio.

“This deal is much more than a simple financial transaction,” said Menny Shalom, Chief Executive Officer of Nukkleus Inc. “It is the creation of a robust ecosystem of complementary technologies. By uniting Star 26 and its subsidiaries with Nukkleus’s existing portfolio, we are building a stronger, more resilient foundation for innovation.  Our goal is to build a long term value for our shareholders.” 

For example, by combining one company’s software solution on another’s hardware platform, we can create synergy and increase the attractiveness of our solutions. Positech’s motion control systems can complement UAV payload solutions within Nukkleus’s portfolio, while Zorronet’s AI security capabilities can be paired with Nukkleus owned Tiltan’s synthetic data generator for next-generation AI for defense applications.

The closing is subject to customary closing conditions, including the approval by the Company’s shareholders as required under applicable Nasdaq and SEC rules.”

Source: Nukkleus Inc.