T3 Defense acquires 60% of Project35
Analysis based on 8 articles · First reported Jul 10, 2026 · Last updated Jul 10, 2026
The acquisition strengthens T3 Defense's position in the expanding drone and counter-UAV market, potentially boosting its revenue and customer base. T3 Defense's stock may see positive sentiment as it gains access to Israeli defense procurement channels and proven technologies.
On July 10, 2026, T3 Defense Inc. (Nasdaq: DFNS) announced the acquisition of a 60% stake in Project35, an Israeli developer and manufacturer of drones, aerial interceptors, and counter-UAV systems. The transaction was paid with 21,059,871 shares of T3 Defense common stock and a $1.25 million promissory note, with an additional $2.5 million investment planned over the next 12 months. Project35 supplies Tier-1 defense customers including Israel Aerospace Industries, Israel Aerospace Industries — ELTA Systems, Rafael Advanced Defense Systems, Elbit Systems, and the Israel — Ministry of Defense (Israel). The acquisition adds field-proven unmanned aerial platforms and an autonomous interceptor to T3 Defense's portfolio, positioning it in the growing drone and counter-UAV market. Project35's founding team, including CEO Gandi Kokton, will continue to lead operations.
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