Nukkleus (NASDAQ:NUKK) has finalized the acquisition of Nimbus Drones Technologies, an Israeli developer of unmanned aerial systems (UAS), as the Nasdaq-listed firm continues its aggressive pivot into the global defense and robotics market.
The deal, effective Jan. 16, sees Nukkleus take 100% ownership of the Netanya-based firm for a consideration of 1,850,000 shares of common stock and a $3.25 million, 24-month convertible note.
The note carries a fixed conversion price of $2 per share.
Nimbus, founded in 2024, reported approximately $940,000 in revenue for fiscal year 2025.
The acquisition is the latest in a series of strategic moves by Nukkleus to consolidate "Tier 2 and Tier 3" defense suppliers.
By absorbing Nimbus, Nukkleus adds specialized capabilities in UAV operations, mapping, and certified flight training, alongside research and development in counter-unmanned aerial systems (C-UAS)—a sector seeing surged demand amid evolving global conflicts.
“The unmanned aerial systems sector continues to see significant demand globally, and Nimbus’s expertise in both UAV operations and counter-UAS technology positions them well in this market,” Nukkleus CEO Menny Shalom said in a statement.
The transaction follows Nukkleus's recent acquisition of Star 26 Capital and Tiltan, signaling a broader strategy to build an integrated cluster of drone and AI-driven robotics businesses.
The company is positioning itself to capture a larger share of the military UAS market, which analysts expect to reach $23 billion by 2030, by leveraging Israel’s advanced aerospace ecosystem and scaling those technologies for U.S. and European defense infrastructure.
Meta Title: Meta Description: . Meta Image Description: A high-tech unmanned aerial vehicle (UAV) in flight, representing Nukkleus’s expansion into drone technology and defense systems. Keywords: .