10th Jun 2026 10:32
Defence Holdings PLC - London-based defence technology group - Says it has partnered with Austin, Texas-based cloud technology company Oracle Corp, which will serve the "hyperscale cloud partner" to Defence's accelerator programme for defence and security technology firms. Defence says the tie-up will focus "on agentic AI, cognitive warfare, critical infrastructure protection, and autonomous systems". Also "expects the initial intake of the accelerator programme to focus significantly on companies operating within the Oracle defense ecosystem".
Defence Chief Executive Andrew Roughan comments: "One of the core objectives behind the model is to reduce the structural barriers that prevent relevant early-stage companies from successfully transitioning into defence environments. Access to hyperscale cloud infrastructure, established ecosystems and industry connectivity forms an important part of that process. This collaboration supports our ambition to build a differentiated platform for emerging sovereign defence capability."
Defence current share price: 1.40 pence, up 11% in London
12-month change: more than trebled
Oracle current share price: USD200.09 in pre-market trading in New York, down 2.8%
12-month change: up 16%
By Holly Munks, Alliance News reporter
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