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2025-08-26 23:14
NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Nukkleus Inc. (NASDAQ: NUKK) ("Nukkleus" or the "Company"), a strategic acquirer and developer of high-growth businesses in the Aerospace and Defense (A&D) industry, today
NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Nukkleus Inc. (NASDAQ:NUKK) ("Nukkleus" or the "Company"), a strategic acquirer and developer of high-growth businesses in the Aerospace and Defense (A&D) industry, today announced the establishment of Nukkleus Defense Technologies Inc. ("Nukkleus Defense Technologies"), a wholly owned subsidiary that will serve as the cornerstone of its defense-focused activities. In parallel, the Company has entered into an exclusive US distribution agreement with BladeRanger Ltd. (TASE: BLRN) ("BladeRanger"), a publicly traded Israeli innovator in advanced drone payload systems for defense, homeland security, and solar applications.
Nukkleus Defense Technologies Subsidiary
The establishment of Nukkleus Defense Technologies subsidiary marks a significant step in the Company's broader strategy of acquiring and developing high-growth businesses within the A&D industry. Following the previously announced agreement with Star 26 Capital Inc., which remains subject to shareholder approval, the subsidiary will serve as the foundation for Nukkleus' defense-focused activities, initially through the commercialization of advanced third-party solutions and, over time, through the development of proprietary technologies designed to meet the growing global demand for next-generation defense capabilities.
Agreement with BladeRanger
As part of this strategic pivot, Nukkleus has entered into an exclusive three-year distribution agreement with BladeRanger, with the option to extend for an additional five years, subject to performance. The agreement grants Nukkleus the sole rights to bring BladeRanger's proprietary drone payload technologies to the U.S. market.
BladeRanger's advanced payload system solutions are designed to enhance surveillance, reconnaissance, tactical operations, and critical infrastructure maintenance for homeland security, and industrial applications. The partnership aims to accelerate adoption of BladeRanger's advanced payload systems across U.S. defense and commercial markets.
The global drone payload market was valued at approximately $7.2 billion in 2020 and is expected to reach $33.3 billion by 2030, reflecting strong compound annual growth. This explosive trajectory underscores the urgency and opportunity of deploying advanced payload technologies at scale across defense and critical infrastructure sectors.
Under the terms of the agreement, Nukkleus will provide an upfront licensing payment, for the exclusive distribution rights of Blade Range's solutions in the U.S. In addition, the Company has committed to minimum annual purchase volumes that will increase progressively over the three-year term. Should these commitments be met, the partnership will continue for an additional five years with higher purchase thresholds. The agreement also allows Nukkleus to establish subsidiary operations and engage sub-distributors to maximize market reach, while incorporating performance incentives such as annual purchase credits for exceeding sales targets.
"Our expansion into defense reflects both the evolving global security landscape and the opportunities we see in advanced drone technologies," said Menny Shalom, CEO of Nukkleus. "By establishing Nukkleus Defense Technologies and securing this exclusive partnership with BladeRanger, we are positioning ourselves to deliver transformative solutions to U.S. defense and homeland security customers while driving long-term value for our shareholders."
"This agreement provides BladeRanger with a direct pathway into the U.S. defense market through a strong and strategically aligned partner," said Hagai Klimor, CEO of BladeRanger. "Nukkleus' commitment to defense and their operational capabilities make them the ideal choice to scale our technologies in the United States."