Xalles Holdings Inc. (“Xalles”) (OTC: XALL), provides an update on its Xalles Security Business Group.
Xalles is Embracing a New Frontier in Security and Defense Technology
Xalles is pleased to announce our significant progress in entering the security and defense technology sector, a move that reflects our adaptability and foresight in the ever-evolving global landscape. Our entry into this arena is not just a diversification strategy, but a deliberate effort to align with global trends and address pressing needs.
Strategic Decision: Financial Expertise Meets Defense Innovation
Our venture into defense technology stems from an in-depth analysis of emerging trends and global necessities. As a technology-based holding company renowned for delivering sustainable returns, we are uniquely positioned to harness opportunities in this sector. This strategic move will not only ensure financial success but also contribute to societal well-being.
Importance in the Current Geopolitical Climate
In today's world, defense and security are more relevant than ever. Our participation in the defense sector places us in a position to support addressing global security challenges. The unveiling of America's National Defense Industrial Strategy (NDIS) and our influence on procurement policy changes with NATO members signify our readiness to support these transformative efforts.
Addressing the Defense Industrial Base Challenges
The NDIS report highlights the critical juncture faced by America's defense industrial base, especially considering the COVID-19 crisis and the reliance on foreign industries. Artemis Defense Technologies UK Ltd. (a wholly owned subsidiary of Xalles Holdings) and ArtemisX Defense Inc. (divested but benefiting Xalles through a unique profit-sharing program) as next-generation defense companies, employ agile processes and innovative manufacturing to promptly deliver defense capabilities.
Innovative Defense Strategies
Our involvement with the Government’s leadership in initiatives like Replicator and the Non-Innovative Fielding Enterprise (NIFE) showcases our commitment to deterring adversaries. These initiatives aim to counteract global challenges, as seen in Ukraine and Yemen, where affordable drone technologies have proven effective against more expensive systems.
Championing Non-Traditional Defense Contractors
Recognizing and awarding multi-year contracts to non-traditional defense contractors is key to fostering competition and innovation. Our Artemis team, championing capabilities built with modern manufacturing techniques ensures timely delivery, is ultimately driving changes in the traditional defense prime base.
Commitment to Manufacturing Excellence
Artemis is dedicated to integrating manufacturing considerations into the design process. This commitment to efficiency, quality, and scalability ensures that our products meet the highest standards. Our strategy leverages relationships with global defense giants, focusing on significant, well-funded projects.
Ethical Principles and Corporate Values
We are keenly aware of the scrutiny the defense industry faces and are committed to operating with transparency and accountability. Our foray into this sector will adhere to strong ethical principles, aligning with our corporate values and sustainable practices.
A Strategic View to Value Creation
Our decision to enter the security and defense technology sector underscores our strategic foresight and dedication to addressing global challenges. The Xalles team is excited about several upcoming initiatives that will expand into other billion-dollar initiatives that are crucial to the security of the United States and its allies.
About Xalles Holdings Inc. (OTC Pink: 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. Utilizing its proprietary Xalles RISE Business Model (Roll In, Selected Exit), the company actively seeks acquisition targets with solid management teams, robust business models, expansive total attainable markets (TAM), 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.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at SEC.gov and in OTC Markets at OTCMarkets.com.
Investor Relations Contact:
IR: 202.779.1460