Artemis Founders Purchase ArtemisX Defense Inc.

Artemis Founders Purchase ArtemisX Defense Inc.

WASHINGTON, DC, July 18, 2025 – Xalles Holdings Inc. (OTCID: XALL), which wholly owns Artemis Defense Technologies UK Ltd. (“Artemis”), is pleased to announce that the original founders of Artemis, Carl Cagliarini and Daniel Cagliarini, have formally acquired the U.S. corporate entity ArtemisX Defense Inc. (“ArtemisX”)

This strategic move comes at a critical inflection point in the evolution of Western defense priorities. The scale, speed, and seriousness of what the United States Department of Defense (U.S. DOD) and NATO now require in terms of next-generation, deployable technologies has accelerated beyond incremental innovation. This environment demands not only cutting-edge capabilities, but robust, adaptable manufacturing infrastructure capable of delivering at operational tempo and national scale, which is a mission that the Artemis founders have been articulating in industry and the political arena for several years.

The Artemis founders bring with them not only decades of deep technical and geopolitical insight but also have built teams with demonstrable track records of understanding and experience of the industrial resilience now required to meet defense imperatives in an age of renewed competition between the modern great powers.

ArtemisX Defense Inc., a Florida-based C Corporation, was originally formed and sold to a niche defense industry contractor to establish a relationship-driven base for U.S. client growth and regional operations. With the Artemis founders' acquisition, ArtemisX is now being transitioned to fulfill a significantly expanded role – one that aligns with the scale, urgency, and delivery focus now demanded by the U.S. DOD and its allies.

Under the direct leadership of Carl and Daniel, ArtemisX will continue to support existing functions while being fully integrated into a broader corporate realignment. This reorganization is aimed at accelerating Artemis’s U.S.-based manufacturing capabilities, commercial outreach, and mission-specific delivery across air, maritime, and electromagnetic domains.

With operational focus in both the United States and United Kingdom, Artemis is uniquely positioned to support the growing transatlantic need for scalable autonomous systems, naval survivability technologies, and resilient magnetic infrastructure. The acquisition of ArtemisX marks a forward-leaning commitment to industrial sovereignty, defense innovation, and durable partnerships – anchored by the founders' long-term vision and real-world manufacturing execution.

Artemis is committed to delivering value not only in technological capability to the U.S. Military and NATO allies, but in mission readiness and taxpayer value through scale, pragmatism, and principle.

For more information about Artemis, please refer to their website:

https://artemisdefensetechnologies.com

About Xalles Holdings Inc. (OTCID: XALL)
Xalles Holdings Inc. is a leading holding company, specializing in innovative technology and financial service solutions. Focused on growth and diversification, Xalles Holdings is committed to developing cutting-edge technology-based solutions across various sectors, with an emphasis on supporting disruptive companies. The company actively seeks acquisition targets with solid management teams, robust business models, expansive total attainable markets, and enticing exit opportunities. Emphasizing the integration of blockchain and cutting-edge technologies, Xalles provides industry-leading solutions, poised to capture recurring revenue streams over time. Discover more at Xalles.com.

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