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IM Cannabis to acquire 51% of Space Defense Innovations, expanding into advanced drone tech in Europe

Company Fundamentals
23 Sep 2026
PRNewsWire
View Source
Bullish
IM Cannabis to acquire 51% of Space Defense Innovations, expanding into advanced drone tech in Europe

IM Cannabis Corp. has signed a non-binding Letter of Intent to acquire a 51% stake in Space Defense Innovations LLC, a Polish company distributing advanced tactical unmanned aerial systems (UAS) from BlueBird Aero Systems in Europe. This move marks IM Cannabis's strategic expansion beyond its core medical cannabis business into technology-driven sectors. The deal includes share issuance, warrants, and a seller loan, with options for further acquisition and board control. Final agreements depend on due diligence and regulatory approvals, aiming to complete within 60 days.

IM Cannabis's recent agreement to acquire a majority stake in Space Defense Innovations is presented here with relevant market data for context. For readers following the Technology sector, as of Sep 23, 2026 18:02 WIB, out of 150 priced US stocks on Pluang, 82 rose and 62 fell. Notable movers include Clear Secure Inc (YOU) at USD 40.00 with a 2.49% increase and 100% buy order activity, Applovin Corporation (APP) at USD 320.71 down 2.44%, and United Microelectronics Corp (UMC) at USD 25.16 down 2.37%.

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