#aerospace-and-defense

#aerospace-and-defense

Global X built SHLD as a pure-play bet on the global rearmament cycle, not just the Pentagon contractor club. The fund holds 51 positions spread roughly half between US primes and half across allied manufacturers in Europe, Israel, South Korea, and Australia. The return engine is straightforward equity exposure to companies whose order books grow when governments buy weapons, ammunition, sensors, and increasingly drones and AI-enabled battlefield software.

"China has become one of the world's fastest-rising economies in terms of innovative capacity," he declared in a televised address on Wednesday beamed to the nation's 1.4 billion people, in which he touted China's achievements in large AI models and breakthroughs in chip research and development. The Chinese leader underscored the role of innovation in his government's aim for high-quality economic development and the integration of technology and industry, citing the advancements in humanoid robots and drones.

Maven Capital Partners has invested £2.6 million in PowerPhotonic, emphasizing its growth plans supported by previous funding from Archangels and Scottish Enterprise. This funding will help the precision optics specialist scale operations and expand its Arizona manufacturing base, enhancing its sales and marketing efforts.