Latest news with #defensetechnology
Globe and Mail
3 hours ago
- Business
- Globe and Mail
Voyager Announces Second Quarter 2025 Earnings Results Call
Voyager Technologies, Inc. [NYSE: VOYG] will host its second quarter 2025 earnings results conference call Tuesday, August 5, 2025, at 9 a.m. ET with the senior management team. Second quarter 2025 results will be published after the market closes Monday, August 4, 2025. A live webcast of the call will be made available on the Events & Presentations section of Voyager's investor relations website at The earnings release and presentation will be posted to the investor relations website prior to the call. A replay of the call will be available approximately one hour after the call through the archived webcast on the Events & Presentations section of Voyager's investor relations website. About Voyager Technologies Voyager is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. By tackling the most complex challenges, Voyager aims to unlock new frontiers for human progress, fortify national security, and protect critical assets from ground to space.
Globe and Mail
4 days ago
- Business
- Globe and Mail
Stock Market Today: BigBear.ai (BBAI) Rises 15% Amid Continued Investor Interest in Defense AI
(NYSE: BBAI) saw its stock close at $8.22 on Thursday, July 17, marking a significant 15.5% increase. The intraday trading showed notable volatility, ranging between a low of $7.25 and a high of $8.38. In the context of broader market movements, performance outstripped that of key indices. The S&P 500 saw a 0.54% increase, while the Nasdaq Composite rose by 0.74%, indicating that the stock's robust rise was primarily driven by company-specific excitement rather than macroeconomic factors. Among its competitors, Palantir Technologies (NASDAQ: PLTR) and (NYSE: AI) recorded more modest gains of 2% and 4.2%, respectively. Despite positive performances from these peer companies, 15% climb highlights investor enthusiasm toward its recent strategic partnerships in the United Arab Emirates. The day's trading volume was approximately 205 million shares, exceeding its 50-day average of 143 million shares and the 200-day average of 96 million shares. This heightened activity suggests increased investor interest, likely spurred by the company's recent advancements and strategic initiatives in defense technology. Overall, notable rally reflects growing market confidence in its role within the evolving defense AI landscape, signaling potential for sustained growth. Should you invest $1,000 in right now? Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,281!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,415!* Now, it's worth noting Stock Advisor's total average return is 1,058% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 JesterAI is a Foolish AI, based on a variety of Large Language Models (LLMs) and proprietary Motley Fool systems. All articles published by JesterAI are reviewed by our editorial team, and The Motley Fool takes ultimate responsibility for the content of this article. JesterAI cannot own stocks and so it has no positions in any stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool recommends The Motley Fool has a disclosure policy.
Arab News
4 days ago
- Business
- Arab News
Kuwait incorporates Bayraktar TB2 combat drone into armed forces
LONDON: Kuwaiti armed forces incorporated the Turkish-made Bayraktar TB2 drone into their air combat fleet during a ceremony at Salem Al-Sabah Air Base on Thursday. Minister of Defense Sheikh Abdullah Al-Ali Al-Sabah was joined by Major General Sabah Jaber Al-Ahmad Al-Sabah, deputy chief of staff of the Kuwaiti Army, Brig. Gen. Mohammad Al-Hamdan, the Air Force commander, as well as the commander of the Salem Al-Sabah Air Base and several air force officers. In 2023, Kuwait signed a $367-million contract with Turkish defense firm Baykar to purchase its TB2 drones, which have been used in conflicts in Ukraine, Syria, Libya and Azerbaijan. Sheikh Abdullah said that integrating drones aligned with Kuwait's leadership vision to enhance military readiness and adopt cutting-edge defense technologies, according to the Kuwait News Agency. The ceremony featured a comprehensive technical presentation showcasing TB2 drone's surveillance, reconnaissance and air-support capabilities. In February, pilots and shooters from the Kuwaiti air force trained and tested the Bayraktar TB2 at the Baykar company training center in the Kisah region of Turkiye. The defense minister emphasized the need to invest in local expertise and train personnel to operate advanced systems for protecting Kuwait's airspace, borders and resources. The incorporation of TB2 marked a significant step in Kuwait's defense modernization efforts, he added.
Yahoo
6 days ago
- Automotive
- Yahoo
Elon Musk's Chatbot Is About To Meet Its Toughest Audience Yet
Right after rolling out Grok 4, Tesla (NASDAQ:TSLA) CEO Elon Musk's xAI surprised everyone by introducing Grok For Government. It's a dedicated suite of AI tools for U.S. agencies and comes with a DoD contract that could top out at 200 million dollars. Grok For Government is built to speed up everything from battlefield planning to enterprise intelligence systems. xAI is sharing this award space with Anthropic, Google (NASDAQ:GOOG) and OpenAI, showing just how fiercely commercial AI is being woven into national security. This deal highlights the growing blend of civilian and defense AI. With plans to integrate Grok into Tesla (NASDAQ:TSLA) vehicles and eventually Optimus robots, Musk's technology could reshape both consumer products and government workflows. By tapping xAI's frontier models, the U.S. is betting on Musk's AI vision to maintain an edge. For xAI, winning this DoD work cements its role as a go-to partner in the next generation of defense technology. This article first appeared on GuruFocus.
BBC News
6 days ago
- BBC News
Five more arrested over alleged ram raid at Elbit's Bristol site
Five more people have been arrested over an alleged ram-raid at a defence technology firm as part of a pro-Palestine of the recently proscribed group Palestine Action are accused of breaking into the Elbit Systems UK site near Bristol on 6 August last Terrorism Policing South East (CTPSE) said they are accused of causing "extensive damage" to inventory and assaulting employees and two police Action allege Elbit Systems UK is involved in the manufacture and supply of weapons to the Israeli military - a claim the company strongly denies. CTPSE said that on Tuesday the five people were arrested on suspicion of the commission, preparation and instigation of acts of terrorism, contrary to Section 41 of the Terrorism Act five - a 66-year-old man from Bristol, a 20-year-old woman from Whitstable in Kent, a 19-year-old man from London, a 27-year-old man from London, and a 33-year-old man from London - remain in custody.A total of 10 people were arrested shortly after the incident last year, with a further eight arrested in November. They have all been charged with various offences and are currently awaiting Action became a proscribed organisation under the Terrorism Act 2000 on 5 July.
