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Benzinga
Benzinga
Business
Adam Eckert

Nukkleus Stock Is Ripping Higher Today: What's Happening?

NUKK Nukkleus United States
Stock chartbenzingaai2023_stock_market_charts_on_multiple_computer_scree_03ada781-be05-460b-a6af-38988bc7658b_1

Nukkleus Inc (NASDAQ:NUKK) shares are soaring Tuesday after the company launched a defense subsidiary and secured an exclusive distribution agreement with BladeRanger.

Key Details: Nukkleus announced that it established Nukkleus Defense Technologies Inc as a wholly owned subsidiary for defense-focused activities. The move aligns with the company’s strategy of acquiring and developing high-growth businesses within the aerospace and defense industry.

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