24/7 Market News Snapshot 29 August, 2025 – Nukkleus Inc. Common Stock (NASDAQ:NUKK)

August 29, 2025

DENVER, Colo., 29 August, 2025 (www.247marketnews.com) – (NASDAQ:NUKK) are discussed in this article.
Nukkleus Inc. (NASDAQ:NUKK), a key player in the Aerospace and Defense sectors, is experiencing significant momentum, with its stock price surging to $5.199 during pre-market trading, marking an impressive increase of 40.89% from the previous day’s close. This rally, accompanied by a trading volume of 13.96 million shares, reflects heightened investor interest and positive market sentiment surrounding the company’s recent developments.

Central to Nukkleus’s growth narrative is the announcement of a strategic joint venture with Mandragola Ltd., a distinguished Israeli business development firm known for its focus on advanced technologies. This collaboration aims to enhance both commercial and defense-oriented infrastructure modernization, particularly crucial amid rising geopolitical tensions in Europe.

In tandem with the global growth of the aircraft Maintenance, Repair, and Overhaul (MRO) market, projected to elevate from $110 billion in 2024 to $124 billion by 2034, the partnership plans to establish advanced manufacturing zones. These facilities will cater to the civil and defense aviation sectors, encompassing a NATO-compliant logistics hub and comprehensive capabilities for licensed MRO services and aircraft modernization.

The joint venture will also prioritize fostering early-stage technology companies in Israel that contribute innovative solutions to aviation and defense. This initiative will be governed by an experienced Board of Directors and an Advisory Board filled with seasoned professionals, including former military pilots.

Menny Shalom, CEO of Nukkleus, expressed enthusiasm for the venture, emphasizing its potential to merge aviation expertise with operational efficiency, thereby establishing a strong platform for both commercial and defense applications. A. Segal, CEO of Mandragola, reinforced this vision, highlighting how their combined expertise will propel advancements in both established aviation and burgeoning technological sectors. This partnership is poised to be a foundation for Nukkleus’s future endeavors, strengthening its commitment to creating a modern ecosystem of innovative defense solutions that bolster national security and provide lasting benefits for its stakeholders.

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