Nukkleus Inc. and Mandragola Ltd. have announced a strategic joint venture focusing on commercial and defense-oriented infrastructure modernization, in response to heightened geopolitical tensions in Europe. The global aircraft Maintenance, Repair, and Overhaul (MRO) market, valued at $110 billion in 2024, is expected to reach $124 billion by 2034, presenting significant growth opportunities. The venture aims to establish advanced manufacturing zones in the Baltics and Israel, develop a NATO-compliant logistics hub in Riga, and invest in early-stage technology companies in Israel for aviation and defense integration. This partnership aligns with Nukkleus’ vision for a hi-tech A&D ecosystem, providing long-term gains for shareholders and national defense networks.

The joint venture between Nukkleus Inc. and Mandragola Ltd. will focus on expanding strategic suppliers in the defense, aerospace, and advanced manufacturing sectors. By integrating operational capabilities, financial discipline, and long-term vision, Nukkleus aims to modernize and scale Tier 2 and Tier 3 companies supporting national security infrastructure in the US, Israel, and Europe. Mandragola brings expertise in technology commercialization, strategic partnerships, and capital markets to the venture, connecting innovative technologies with global markets and driving value through investments and partnerships.

Forward-Looking Statements: This press release contains forward-looking statements under federal securities laws, based on management’s beliefs and expectations about future events. Nukkleus acknowledges risks and uncertainties beyond its control that may impact the success of the joint venture and the Company’s future performance. For more information, please contact Investor Relations at Nukkleus Inc.

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