Gaxos Acquires Strategic Stake in America First Defense, Developer of Advanced Drone-Based Electronic Warfare System [Yahoo! Finance]
Gaxos.ai Inc. (GXAI)
Company Research
Source: Yahoo! Finance
Roseland, NJ, March 03, 2026 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various high-growth sectors, today announced that it acquired a 19.99% stake in America First Defense (“AFD”), a US-based defense technology company developing next-generation drone and robotics platforms. America First Defense is an American-owned defense technology company developing next-generation security platforms across both air and ground domains. The company is focused on two high-priority categories: a detachable counter-drone system designed to neutralize hostile UAVs through precise protocol-level cyber attacks without collateral jamming, and a biomimetic soft robotics platform engineered for low-detection ground and subsurface operations. The company is seeking to address rapidly expanding demand from the Department of War, Department of Homeland Security, border security, maritime security, municipal safety, and cr
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News
- Major General Malcolm B. Frost (Ret.) of the US Army Joins America First Defense Drone and Robotics Advisory Council [Yahoo! Finance]Yahoo! Finance
- Major General Malcolm B. Frost (Ret.) of the US Army Joins America First Defense Drone and Robotics Advisory CouncilGlobeNewswire
- Gaxos.ai (GXAI) was downgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=GXAI&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> to "strong sell".MarketBeat
- America First Defense Secures License from Navy for Counter-UAS System Designed to Defeat Hostile Drones [Yahoo! Finance]Yahoo! Finance
- America First Defense Secures License from Navy for Counter-UAS System Designed to Defeat Hostile DronesGlobeNewswire
GXAI
Sec Filings
- 3/3/26 - Form 8-K
- 2/4/26 - Form 8-K
- 2/4/26 - Form 424B5
- GXAI's page on the SEC website