Nukkleus Inc. joins the Russell Microcap Index, enhancing visibility as it pursues an acquisition strategy in Aerospace & Defense.
Quiver AI Summary
Nukkleus Inc., a company focused on mergers and acquisitions in the Aerospace & Defense sector, announced its addition to the Russell Microcap Index, effective June 30, 2025. This inclusion, part of the annual Russell indexes reconstitution, enhances the company's visibility among institutional investors. The announcement follows Nukkleus's December 2024 plan to acquire a 51% stake in Star 26 Capital Inc., which owns an Israeli company that provides defense products. Nukkleus aims to grow through disciplined M&A strategies and believes being part of the Russell Index will support its long-term growth objectives.
Potential Positives
- Nukkleus Inc. has been added to the Russell Microcap Index, increasing its visibility among institutional investors and potentially attracting more investment.
- The inclusion in the Russell Microcap Index signifies a milestone in Nukkleus's execution of its M&A strategy within the Aerospace & Defense sector.
- Being part of the Russell indexes allows Nukkleus to benefit from the benchmarks used by a substantial amount of assets, approximately $10.6 trillion, which may enhance its market presence and reputation.
Potential Negatives
- The press release highlights a pending acquisition of a controlling interest in Star 26 Capital Inc. which is subject to shareholder vote, indicating uncertainty regarding the completion of the deal.
- The mention of forward-looking statements and associated risks may raise concerns among investors about the company's future performance, underscoring inherent uncertainties in their planned strategies.
- While the company was added to the Russell Microcap Index, this could also reflect a lack of sufficient growth or investor confidence, as being in the microcap category can indicate a smaller market presence and potential volatility.
FAQ
What is the significance of Nukkleus Inc. joining the Russell Microcap Index?
Joining the Russell Microcap Index enhances Nukkleus's visibility among institutional investors and supports its M&A strategy in the Aerospace & Defense sector.
What companies does Nukkleus plan to acquire?
Nukkleus plans to acquire a 51% controlling interest in Star 26 Capital Inc., which supplies defense products, including components for Israel's Iron Dome.
How often does the Russell Index reconstitution occur?
The Russell US Indexes reconstitution occurs annually, capturing the 4,000 largest US stocks based on market capitalization as of April 30.
What sectors does Nukkleus target for acquisitions?
Nukkleus focuses on acquiring suppliers in the aerospace, defense, and advanced manufacturing sectors, particularly Tier 2 and Tier 3 companies.
Who calculates the Russell indexes?
FTSE Russell, a global index leader, calculates the Russell indexes and determines membership based on market capitalization and style attributes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NUKK Hedge Fund Activity
We have seen 0 institutional investors add shares of $NUKK stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG removed 31,000 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $1,136,770
- VIRTU FINANCIAL LLC removed 7,446 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $273,044
- GEODE CAPITAL MANAGEMENT, LLC removed 3,500 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $128,345
- HRT FINANCIAL LP removed 3,035 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $111,293
- NORTHERN TRUST CORP removed 2,221 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $81,444
- TOWER RESEARCH CAPITAL LLC (TRC) removed 2,182 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $80,013
- YAKIRA CAPITAL MANAGEMENT, INC. removed 1,783 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $65,382
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Nukkleus Inc. (NASDAQ: NUKK), a company pursuing a highly disciplined global M&A strategy in the Aerospace & Defense (A&D) industry, today announced that it was added to the Russell Microcap Index, effective after the US market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution.
In December 2024, the Company announced its plan to acquire a 51% controlling interest in Star 26 Capital Inc., which holds 100% of B. Rimon Agencies Ltd., an Israeli corporation that supplies defense related products including energy generators for Israeli’s “Iron Dome” launchers. Closing is subject to the satisfaction of closing conditions, including shareholder vote.
The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30 th , ranking them by total market capitalization. Membership in the Russell Microcap ® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
Menny Shalom, Nukkleus CEO commented, “Inclusion in the Russell Microcap Index represents a meaningful milestone for Nukkleus as we continue executing our disciplined M&A strategy within the Aerospace & Defense sector. We believe this recognition will enhance our visibility among institutional investors who use Russell indexes as benchmarks and broaden awareness of our long-term growth strategy focused on building value for our shareholders.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell’s US indexes serve as the benchmark for about $10.6 trillion in assets as of the close of June 2024. Russell indexes are part of FTSE Russell, the global index provider.
For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .
About Nukkleus Inc.
Nukkleus Inc. (NASDAQ: NUKK) focuses on acquiring and scaling mission-critical suppliers across the defense, aerospace, and advanced manufacturing sectors. With operations in the United States and Israel, Nukkleus targets Tier 2 and Tier 3 companies that form the industrial backbone of national security infrastructure. Through its proprietary capital model, Nukkleus integrates operational capabilities, financial discipline, and long-term vision to modernize and expand strategic suppliers—supporting dual-use innovation and resilient supply chains.
The company’s portfolio approach combines organic growth with disciplined M&A, enabling transformational scale and positioning Nukkleus at the core of 21st-century defense industrial strategy.
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit FTSE Russell .
Forward-Looking Statements
This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts are "forward-looking statements" within the meaning of federal securities laws. In some cases, you can identify forward-looking statements by terminology such as "will," "would," "expect," "intend," "plan," "objective," or comparable terminology referencing future events, conditions or circumstances, or the negative of such terms. Although Nukkleus believes that it has a reasonable basis for the forward-looking statements contained in this press release, they are based on management's current beliefs and expectations about future events and circumstances and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond the Company's control. Risk factors described under "Risk Factors" in Nukkleus' most recently filed annual report on Form 10-K, as updated from time to time in its quarterly reports on Form 10-Q and other filings with the Securities and Exchange Commission, may cause actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements in this press release. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they were made. Nukkleus undertakes no obligation to update any forward-looking statement contained in this press release to reflect events that occur or circumstances that exist after the date of this press release, except as required by law.
For more information, please contact:
Investor Relations Contacts (US):
The Equity Group Inc.
Lena Cati
[email protected]
+1 (212) 836-9611
Val Ferraro
[email protected]
+1 (212) 836-9633