Press Releases June 16, 2026 09:30 AM

Eva Live Establishes Eva Defense Inc. to Pursue Acquisitions in the Rapidly Expanding Drone and Defense Technology Market

Eva Live launches Eva Defense Inc. to expand into AI-driven drone and defense technology acquisitions

By Ajmal Hussain
Share
Twitter Reddit Facebook LinkedIn
GOAI

Eva Live Inc. announced the formation of its wholly owned subsidiary, Eva Defense Inc., to pursue acquisitions and partnerships in the growing drone, autonomous systems, and defense technology sectors. Leveraging its artificial intelligence expertise, the company aims to consolidate fragmented defense technology markets and capitalize on innovation opportunities combining AI with next-generation drone and autonomous platforms.

Eva Live Establishes Eva Defense Inc. to Pursue Acquisitions in the Rapidly Expanding Drone and Defense Technology Market
GOAI
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Eva Defense Inc. aims to acquire companies in drones, autonomous systems, AI, surveillance, robotics, and defense technology.
  • The subsidiary targets consolidation of a highly fragmented global defense technology market projected to grow significantly over the next decade.
  • The strategy leverages Eva Live's AI capabilities to create competitive advantages and long-term shareholder value in defense and autonomous systems sectors.

New Subsidiary Positioned to Combine Artificial Intelligence with Next-Generation Drone, Autonomous Systems, and Defense Technologies

LAS VEGAS, NV, June 16, 2026 (GLOBE NEWSWIRE) -- Eva Live Inc. (NASDAQ: GOAI) ("Eva Live" or the "Company"), a technology company focused on artificial intelligence and digital innovation, today announced the formation of its first wholly owned subsidiary, Eva Defense Inc., a strategic initiative designed to pursue acquisitions and partnerships within the rapidly growing drone, autonomous systems, and defense technology sectors.

Eva Defense Inc. will focus on identifying and acquiring companies involved in drone technologies, autonomous platforms, artificial intelligence applications, surveillance systems, advanced sensor technologies, robotics, and other defense-related innovations.

The global drone market is projected to exceed hundreds of billions of dollars over the coming decade as governments, enterprises, and defense organizations increasingly adopt autonomous technologies to enhance security, intelligence gathering, logistics, and operational efficiency.

Management believes the combination of Eva Live's artificial intelligence capabilities with advanced drone and autonomous technologies creates significant opportunities for innovation and long-term shareholder value.

"We believe artificial intelligence will fundamentally transform the defense and autonomous systems industries," said David Boulette, Chief Executive Officer of Eva Live. "The creation of Eva Defense represents a major strategic milestone for our Company. We see tremendous opportunities to combine AI-driven decision making, automation, predictive analytics, and advanced drone technologies to build a platform capable of addressing some of the fastest-growing segments of the global technology market."

Eva Defense is expected to actively evaluate acquisition candidates that possess proprietary technologies, established customer relationships, intellectual property portfolios, and scalable business models. The Company believes the defense technology sector remains highly fragmented and presents substantial consolidation opportunities.

"The convergence of AI, autonomy, robotics, and advanced sensing technologies is creating one of the most exciting investment opportunities of our generation," continued Boulette. "Our objective is to build Eva Defense into a significant participant within this ecosystem through strategic acquisitions and partnerships."

The establishment of Eva Defense follows Eva Live's broader strategy of expanding into high-growth technology sectors where artificial intelligence can serve as a force multiplier to accelerate innovation and create competitive advantages.

The Company expects to provide additional updates regarding acquisition opportunities and strategic initiatives involving Eva Defense as developments occur.

About EVA Live, Inc.

EVA Live, Inc. (Nasdaq: GOAI) is an artificial intelligence-driven technology company focused on digital advertising automation, intelligent quoting solutions, and data-driven customer acquisition. The company’s proprietary platforms enable businesses to automate marketing decisions, improve efficiency, and scale customer engagement through real-time AI optimization.

Cautionary Note Regarding Forward-Looking Statements.

This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included herein, including but not limited to such things as future business strategy, plans, and goals, and the expansion and growth of our business. The words “estimate”, “plan”, “anticipate”, “expect”, “intend”, “believe” “target”, “budget”, “may”, “can”, “will”, “would”, “could”, “should”, “seeks”, or “scheduled to” and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Please see the risk factors included in the Company’s United States Securities and Exchange Commission filings, which could cause actual results and events to differ materially from those contained in the forward-looking statements. You are cautioned against attributing undue certainty to forward-looking statements. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this press release. Any forward-looking statements made in this press release speak only as of the date of those statements. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments.

Media Inquiries:
Javan Khazali
Phone: 310-229-5981
Email: [email protected]

Website: @eva.live
Instagram: @eva.liveinc
Facebook:@evaliveinc
X: @evaliveinc1
LinkedIn: @eva-live
Youtube: @evaliveinc


Risks

  • Acquisition integration risks and challenges in successfully identifying and consolidating suitable technology companies.
  • Dependence on continued growth and adoption of AI and drone technology within government and defense organizations.
  • Uncertainties inherent in forward-looking statements such as future business strategy and market conditions, which could affect performance and valuation.

More from Press Releases

AppFolio Deepens Agentic AI Across Leasing, Accounting, and Resident Operations Jun 16, 2026 Vishay Intertechnology Releases New 1 A, 2 A, and 3 A Gen 7 1200 V FRED Pt® Hyperfast Rectifiers in SMPC HV Package Jun 16, 2026 JBDI Holdings Limited Announces Reverse Stock Split Jun 16, 2026 HII Delivers First of the Newest REMUS Variant: 130 Jun 16, 2026 Private Brands Are Driving Store Choice for the Majority of Consumers, New Report Finds Jun 16, 2026