- Nukkleus Inc. (NASDAQ: NUKK) has been included in the Russell Microcap Index effective June 30, 2025.
- The company plans to acquire a 51% controlling interest in Star 26 Capital Inc., which owns the Israeli defense supplier B. Rimon Agencies Ltd.
- The inclusion in the Russell Microcap Index could enhance Nukkleus's visibility among institutional investors and is expected to remain effective for one year.
Nukkleus Inc. (NASDAQ: NUKK), a company with a strategic focus on Aerospace & Defense, has successfully secured a spot in the Russell Microcap Index as of June 30, 2025, amidst the annual reconstitution of Russell indexes. The Russell Microcap Index serves as a benchmark for approximately $10.6 trillion in assets and is widely recognized by institutional investors, potentially increasing Nukkleus's visibility and investment flows.
Beyond this index inclusion, Nukkleus has announced a significant move to expand its defense sector footprint through the acquisition of a 51% controlling interest in Star 26 Capital Inc. This acquisition includes B. Rimon Agencies Ltd., an Israeli company known for supplying energy generators specifically for Israel's "Iron Dome" defense system. The completion of this acquisition remains contingent on satisfying certain closing conditions and obtaining shareholder approval.
The membership in the Russell Microcap Index, which is valid for one year, provides Nukkleus automatic inclusion in the corresponding growth and value style indexes. This could lead to improved liquidity and increased institutional awareness, which are crucial as Nukkleus continues to pursue its strategic acquisition and growth plans within the defense sector.
