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Just caught that GXAI is up 84% today after America First Defense locked in a license for the Detachable Drone Highjacker from the US Navy. Gaxos holds about 19% of the company, so obviously they're riding this wave hard.
Stock jumped from $1.24 at open to $2.29 in mid-morning trading, hit $2.39 at its peak. Pretty wild move for a day. Over the past year it's been bouncing between $1.00 and $2.96, so this is definitely on the upper end of that range.
The thing is, Gaxos seems positioned right where the money is flowing - they're talking about being at the intersection of AI, defense tech, and national security priorities. That Detachable Drone Highjacker license is basically validation that the technology works and has real military applications. Defense spending isn't slowing down anytime soon, so if they can deliver on the detachable tech, this could have legs beyond today's pump.