09:11 AM EDT, 08/29/2025 (MT Newswires) -- Nukkleus ( NUKK ) and Israeli investment firm Mandragola said Friday they have formed a joint venture focused on commercial and defense-oriented infrastructure modernization.

The companies said they plan to establish advanced manufacturing zones in the Baltic states and Israel designed to support civil and defense aviation needs.

They also plan to set up a logistics hub in Riga, as well as facilities for maintenance, repair and overhaul services, aircraft modernization, resale and leasing.

The partnership also aims to finance early-stage companies in Israel that are developing technologies that can be integrated into aviation and defense operations, the companies added.

Shares of Nukkleus ( NUKK ) rose more than 52% in recent premarket activity Friday.