Announcement • Aug 15
Next Dynamics Inc. (OTCPK:NEXD) completed the acquisition of Integrated Launcher Solutions Defense, Inc. Next Dynamics Inc. (OTCPK:NEXD) entered into an agreement to acquire Integrated Launcher Solutions Defense, Inc. for an enterprise value of $6 million on September 25, 2024. Next Dynamics will acquire all issued and outstanding shares of ILS through the issuance of 13.33 million new restricted common shares of Next Dynamics, along with outstanding stock options, valuing ILS at $6 million. In conjunction with the transaction, certain debts and other obligations of Next Dynamics shall be extinguished through the issuance of 4.19 million common shares. In conjunction with the acquisition, ILS CEO Greg Sullivan will assume the role of President and CEO of Next Dynamics; current President and CEO Jacob Salk will remain with the Company as Director and CFO. The transaction is expected to close in the fourth quarter of 2024 and is subject to the satisfaction of customary closing conditions, including regulatory and majority shareholder approvals.
Next Dynamics Inc. (OTCPK:NEXD) completed the acquisition of Integrated Launcher Solutions Defense, Inc. on August 14, 2025. With the transaction now closed, Next Dynamics has fully integrated ILS's portfolio of three proprietary systems into its product line Announcement • Oct 27
Next Dynamics, Inc. Demonstrates Significant Ballistics Improvements in Successful Testing of Its 7.62 Caliber Nemesis Ammunition Next Dynamics Inc. announced results from recent testing of the Company's 7.62 caliber Nemesis A.S.A.P. ammunition completed by Bornea Dynamics Ltd. Bornea's testing of the 7.62 Nemesis ammunition confirms the improved ballistics performance offered by Next Dynamics' base drag reduction technology, with the Company's ammunition achieving significantly increased drag reduction, greater downrange velocity and match-grade accuracy, as compared to broadly available competitor rounds of the same caliber. The table below provides a comparison of ballistics performance, as measured by Bornea Dynamics, of the Nemesis to both Berger Match Grade 168gr and Winchester Super X 150gr reference projectiles, with key metrics including muzzle velocity, change in velocity from muzzle to 300 yards and ending velocity (at target). As illustrated above - and as further detailed in Bornea's report - the Company's Nemesis rounds achieved nearly 52% improvement in reduction in velocity between muzzle and 300 yards versus the Winchester Super X round, and nearly 16% improvement versus the Berger Match Grade round, despite the Berger round being over 16% heavier. In absolute terms, Nemesis velocity was 21% greater than the Winchester round and 9% greater than the Berger round at a distance of 300 yards. Additionally, the Company's rounds achieved match grade accuracy, with dispersion essentially overlapping that of the Berger Match Grade round, and almost 1.25" tighter than the Winchester Super X round of comparable weight. On the tail of the positive testing results, Next Dynamics will be providing sample rounds to various potential licensors for their respective internal testing and validation. The Company will share additional updates as discussions around licensing and distribution evolve.