Tessera Defense and Homeland Security Inc.

HLSQ

Valor de mercado US$ 2,02 mi

Tessera completes its previously agreed $1 million refundable payment for a 90-day option to acquire 51% of RT based on an equity value of up to $13 million, as the global aerostat systems market is projected to grow from $2.35 billion in 2025 to $6.49 billion by 2035 NETANYA, Israel, Oct. 15, 2026 /PRNewswire/ -- Tessera Defense and Homeland Security Inc. (NYSE American: HLSQ) ("Tessera" or the "Company") is securing its option to acquire a controlling stake in RT LTA Systems Ltd. ("RT"), a world leading developer of tethered aerostat systems for tactical intelligence, surveillance and reconnaissance (ISR) by the transfer of the previously agreed to $1 million consideration for the 90 day option.

Agreement includes options to purchase 1,000,000 shares at $1.15 per share and performance-based award tied to earnings, with thresholds above $0.05 EBITDA per share for 2027 Agreement includes options to purchase 1,000,000 shares at $1.15 per share and performance-based award tied to earnings, with thresholds above $0.05 EBITDA per share for 2027

Deployments now run in energy, rail, military, community security and command-center sites, on Zorronet's VLM, no-code and natural-language stack Deployments now run in energy, rail, military, community security and command-center sites, on Zorronet's VLM, no-code and natural-language stack

Integration agreement enables Malam to integrate Zorronet technology into large-scale customer projects across Israel Integration agreement enables Malam to integrate Zorronet technology into large-scale customer projects across Israel

Management believes that $14-$16 million of the 2027 revenue target will be supported by backlog, signed contracts or purchase orders, existing customer expansion, new customer, and additional commercial opportunities Management believes that $14-$16 million of the 2027 revenue target will be supported by backlog, signed contracts or purchase orders, existing customer expansion, new customer, and additional commercial opportunities

NETANYA, Israel, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Tessera Defense and Homeland Security Inc. (NYSE American: HLSQ) (“Tessera” or the “Company”) today announced that it has been granted an option to acquire a majority interest in RT LTA Systems Ltd.

Zorronet selected for AI-powered video analytics and access-control technology under framework agreement spanning a broad swathe of northern Israel Zorronet selected for AI-powered video analytics and access-control technology under framework agreement spanning a broad swathe of northern Israel

The investment for 15% stake in Motomea includes the advance of $475,000 convertible loan with exclusive option to acquire the remainder; secures license to MEA's drone testing technology The investment for 15% stake in Motomea includes the advance of $475,000 convertible loan with exclusive option to acquire the remainder; secures license to MEA's drone testing technology

The investment for an additional 5% gives Tessera a 15% stake in Motomea with exclusive option to acquire the remainder; secures license to MEA's drone testing technology The investment for an additional 5% gives Tessera a 15% stake in Motomea with exclusive option to acquire the remainder; secures license to MEA's drone testing technology

NETANYA, Israel, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Tessera Defense and Homeland Security Inc. (NYSE American: HLSQ) (“Tessera” or “the Company”) formerly BiomX Inc (NYSE American: PHGE), today released the following letter from its Chief Executive Officer to shareholders.