NAPC Defense, Inc. changed its name on April 1, 2024 to reflect its new focus on the defense and security sectors. The company is engaged in weapons systems, tactical platforms such as the CornerShot® system, and related technologies for military, paramilitary, and law enforcement agencies. It develops, licenses, and distributes CornerShot® units under license from Silver Shadow of Israel, personal ballistic protection equipment including helmets, bullet resistant vests,…
NAPC Defense, Inc. changed its name on April 1, 2024 to reflect its new focus on the defense and security sectors. The company is engaged in weapons systems, tactical platforms such as the CornerShot® system, and related technologies for military, paramilitary, and law enforcement agencies. It develops, licenses, and distributes CornerShot® units under license from Silver Shadow of Israel, personal ballistic protection equipment including helmets, bullet resistant vests, and shields, and small caliber arms such as rifles and pistols. The firm also brokers large scale ammunition and artillery transactions and pursues opportunities in the distribution of armored vehicles for domestic and international markets. Additionally, NAPC Defense, Inc. is pursuing development of suppressor technology and small arms initiatives and has attended industry conventions in Florida and New Jersey in June 2024 and conducted a visit to Saudi Arabia in the summer of 2024.
NAPC Defense, Inc. generates revenue primarily through the sale and distribution of CornerShot® tactical firearms systems to military and law enforcement customers, including a potential order for 37,000 units to Saudi Arabia under an existing letter of intent. The company also earns income from the sale of personal ballistic protection equipment, including helmets, bullet resistant vests, and shields, to domestic and international clients. Revenue is derived from the procurement and distribution of small caliber arms such as rifles and pistols, as well as from brokering large scale ammunition and artillery transactions under U. S. State Department approval. Additionally, the company receives fees from brokering armored vehicles and from licensing and distribution arrangements with U. S. and allied defense agencies and approved international partners. The firm raised capital for its acquisition of defense related assets through the issuance of 95,000,000 shares of common stock as part of an agreement completed in March 2024.
NAPC Defense, Inc. occupies a niche position in the defense and security market by offering licensed tactical platforms such as the CornerShot® system and specialized brokerage services for munitions and armored vehicles. The company competes with larger defense contractors and specialized tactical equipment providers, differentiating itself through its CornerShot® licensing rights from Silver Shadow of Israel, access to ATF licenses for firearms production and sale, and established relationships for overseas munitions brokering under U. S. State Department approval. Its ability to secure U. S. government approvals for foreign arms transactions and to provide end to end solutions from procurement to distribution gives it a competitive advantage. Furthermore, the firm’s participation in industry conventions and direct engagements with foreign ministries, such as the Saudi Ministry of Defense, enhances its market visibility and relationship network.
The company serves military units, paramilitary organizations, law enforcement agencies, and government clients both domestically and abroad. Its customers include U. S. based law enforcement agencies, overseas militaries and governments such as the Saudi Ministry of Defense, and approved international partners seeking defense equipment and brokerage services. NAPC Defense, Inc. also engages with domestic law enforcement shows, conventions, and US Military demonstration events to showcase its CornerShot® units and related technologies. The firm’s client base further encompasses participants in ammunition brokering networks and armored vehicle distribution channels that serve allied and authorized purchasers worldwide.
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Sector: Industrials Industry: Aerospace & Defense CIK: 0001703625