Nukkleus Inc. (NASDAQ:NUKK) shares soared on Tuesday after the company said it will acquire Israel-based Tiltan Software Engineering Ltd. in a $14 million deal. The acquisition, to be paid in a mix of cash and stock, is expected to close following regulatory approval and audited financials.
The announcement underscores growing demand for AI-powered simulation and GPS-denied navigation tools that help militaries operate in contested environments and reduce civilian risk.
