A trough in the chart22 Dec 2025 07:33
This period will show as a trough in the chart in weeks/months to come. Impatient have sold out and the real value will build from here imo.
“Defence Holdings is pleased to confirm that Project Ixian has entered the process required ahead of formalising commercial activity and is now in the final stages of contract finalisation with its first customer. This progress reflects the maturity of the capability and its strong alignment with current operational priorities.
Project Ixian has progressed from development into contract finalisation at a pace not typically seen within traditional UK defence development and procurement processes, aligning closely with the accelerated delivery objectives set out in the Strategic Defence Review. This traction provides early validation of the delivery model required to deliver that capability.
The product has progressed through a further iteration of technical development, delivering additional refinement and increased maturity, informed by ongoing operational engagement.
The confidentiality and procurement controls governing programmes of this nature temporarily limit the level of detail that can be disclosed. These restrictions are expected to lift in the near term, following which the Company intends to provide a further formal update.”