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Union secures major funding to modernize ammunition manufacturing with autonomous robotics

Union, led by Will Somerindyke, has raised $50 million in seed funding to launch autonomous ammunition factories, with its first facility opening in Texas and a contract worth up to $225 million from Regulus Global. The company aims to address munitions shortages by leveraging Silicon Valley technology and plans to significantly scale production in the coming years. Backed by prominent investors, Union positions itself as a key player in the reindustrialization of U.S. defense manufacturing. » More on forbes.com

Financials

In the last quarter, Regulus Resources had revenue of €0 and net profit of -€655.31K

(EUR)	Mar 2026	YoY
Revenue	0	-
Gross profit	-10.71K	34.27%
Net profit	-655.31K	92.14%
EBITDA	-639.89K	104.15%

Fundamentals

Metric	Value
Market capitalization	€391.09M
Number of shares	125.54M
52-week high/low	€3.66 - €1.34
Dividends	No
Beta	0.52
P/E ratio	-125.50
PEG ratio	3.64
P/B ratio	9.80
P/S ratio	0.00

Company profile

Regulus Resources Inc. ist als Mineralexplorationsunternehmen tätig. Das Vorzeigeprojekt des Unternehmens ist das Kupfer-Gold-Silber-Projekt AntaKori, das 20 Mineralkonzessionen mit einer Fläche von 438 Hektar im Bergbaudistrikt Yanacocha-Hualgayoc im Departement Cajamarca im Norden Perus umfasst. Regulus Resources Inc. wurde im Jahr 2010 gegründet und hat seinen Hauptsitz in Vancouver, Kanada.