Hyperscale Data, Inc. subsidiary, TurnOnGreen, has secured $3.9 million in new defense contracts, including a strategic partnership with an Israeli defense manufacturer. This win significantly expands TurnOnGreen’s presence in the defense and aerospace sectors, showcasing its advanced power electronics solutions.
Results for: Defense Contracts
ZenaTech Inc. (ZENA) shares experienced a significant 21% drop to $8.07 Wednesday morning, following a surge on Tuesday. This downturn comes despite the company’s recent announcement of strategic partnerships aligning its ZenaDrone 1000 AI drone solutions with U.S. defense standards. Learn about the partnerships, the stock’s performance, and how to buy or short ZENA stock.
Teledyne Technologies, Inc.’s TDY business unit, Teledyne FLIR Defense, secured a $20.8 million contract from the Japan Maritime Self-Defense Force (JMSDF) to supply its Star SAFIRE 380-HLD multi-spectral imaging systems. This advanced technology provides high-definition visuals and thermal imaging for enhanced surveillance and targeting capabilities, highlighting the growing demand for military thermal imaging solutions.