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

(Moderate)
(Positive)

Eva Live (NASDAQ: GOAI) formed a wholly owned subsidiary, Eva Defense, to pursue acquisitions and partnerships in drone, autonomous systems, robotics, surveillance, advanced sensors, and defense technologies.

Eva Defense will target companies with proprietary technologies, IP, scalable models, and customer relationships, combining these with Eva Live's AI capabilities.

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Positive

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News Market Reaction – GOAI

-1.50%
9 alerts
-1.50% Session close to close
+34.7% Peak Tracked
-4.1% Trough Tracked
$124.22M Market Cap
1.0x Rel. Volume

In the Jun 16 session, GOAI declined 1.50%, reflecting a mild negative market reaction. Argus tracked a peak move of +34.7% during that session. Argus tracked a trough of -4.1% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement marks a strategic move as Eva Live forms Eva Defense to target drone, autonomy, an...
Analysis

This announcement marks a strategic move as Eva Live forms Eva Defense to target drone, autonomy, and defense technologies alongside its AI capabilities. Historically, acquisition-related news produced only a modest +1.4% move, so investor response has varied. With an effective $250,000,000 shelf and a large ATM program already in place, investors may watch how any future deals are financed and how quickly acquisitions translate into revenue and earnings.

Key Figures

Current price: $2.66 24h price change: 12.24% 52-week range: $1.3225–$18.00 +5 more
8 metrics
Current price $2.66 As of latest pre-news market context
24h price change 12.24% Move ahead of Eva Defense announcement
52-week range $1.3225–$18.00 Price is 101.13% above low and 85.22% below high
2025 revenue $17,037,328 Year ended Dec 31, 2025; 82.6% YoY growth
2025 net income $8,127,313 Year ended Dec 31, 2025
Q1 2026 revenue $3,903,231 Reported in 10-Q for quarter ended Q1 2026
Q1 2026 net loss $8,564,076 Sharp swing into loss vs prior-year profit
ATM program size $100,000,000 Equity Distribution Agreement with Maxim Group LLC

Previous Acquisition Reports

1 past event · Latest: Feb 17 (Positive)
Same Type Pattern 1 events
Date Event Sentiment 24h Move Catalyst
Feb 17 Acquisition-driven launch Positive +1.4% Launch of NeuroServer web app to support rapid client acquisition and growth.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Same-tag history is limited: the prior acquisition-tag event saw a modest +1.4% move, suggesting historically muted reactions to similar strategic growth news compared with today’s stronger price gain.

Recent Company History

This announcement extends a busy period of AI-driven expansion for Eva Live. Recent updates include senior-care partnerships and ownership increases, AI marketing launches like Eva Brain, and performance-marketing and healthcare acquisitions. The prior acquisition-tag event on Feb 17, 2026 around NeuroServer’s client-facing app drew a +1.4% move, whereas today’s creation of Eva Defense pushes the AI strategy into drone and defense technologies.

Key Terms

autonomous systems, predictive analytics, advanced sensor technologies, robotics
4 terms
autonomous systems technical
"combine Artificial Intelligence with Next-Generation Drone, Autonomous Systems, and Defense Technologies"
Autonomous systems are machines or technology that can operate and make decisions on their own, without needing constant human guidance. They use sensors, software, and rules to perform tasks independently, much like a self-driving car navigating traffic. For investors, understanding autonomous systems is important because they are transforming industries, increasing efficiency, and creating new opportunities for innovation and growth.
predictive analytics technical
"AI-driven decision making, automation, predictive analytics, and advanced drone technologies"
Predictive analytics uses historical data and patterns to estimate future outcomes, like sales, customer behavior, or operational problems. For investors it matters because it turns past signals into probable forecasts—similar to a weather forecast or traffic app—helping assess potential risks, spot opportunities, and prioritize where to allocate capital, while remembering that predictions carry uncertainty and are not guarantees.
advanced sensor technologies technical
"surveillance systems, advanced sensor technologies, robotics, and other defense-related innovations"
Advanced sensor technologies are improved devices that detect and measure physical, chemical or biological signals—like temperature, motion, gases, or heartbeats—with greater accuracy, smaller size and smarter data processing than traditional sensors. Think of them as a more sensitive nose or camera that feeds precise, real-time information into machines and software; for investors they matter because they enable new products, cost savings, recurring data services, and access to growing markets where better measurement creates competitive advantage.
robotics technical
"advanced sensor technologies, robotics, and other defense-related innovations"
Robotics is the design, building and programming of machines that can perform physical tasks autonomously or with minimal human control, ranging from simple mechanical helpers to complex intelligent systems. For investors, robotics matters because these machines can boost productivity, cut operating costs, and create new markets much like adding a team of tireless, precise workers; companies that develop or adopt robotics can gain competitive advantages and shift future revenue and expenses.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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: info@eva.live

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


FAQ

What is Eva Defense and why did Eva Live (NASDAQ: GOAI) create it?

Eva Defense is a wholly owned Eva Live subsidiary focused on drone and defense technologies. According to Eva Live, it was created to pursue acquisitions and partnerships that combine artificial intelligence with drones, autonomous systems, robotics, surveillance, and advanced sensor technologies.

How will Eva Defense support Eva Live (GOAI) growth in the drone and defense technology market?

Eva Defense is intended to identify and acquire companies in drones, autonomy, AI, and defense. According to Eva Live, management believes integrating its AI with advanced platforms could unlock innovation opportunities and support long-term shareholder value in high-growth technology segments.

What types of companies will Eva Defense target for acquisitions for Eva Live (GOAI)?

Eva Defense plans to evaluate acquisition candidates with proprietary technologies, intellectual property, scalable business models, and established customer relationships. According to Eva Live, the focus spans drone systems, autonomous platforms, AI applications, surveillance, robotics, and advanced sensing within a fragmented defense technology sector.

How large is the drone and autonomous systems market targeted by Eva Live (GOAI)?

The global drone market is projected to exceed hundreds of billions of dollars over the coming decade. According to Eva Live, growing adoption by governments, enterprises, and defense organizations is driving demand for autonomous technologies that improve security, intelligence gathering, logistics, and operational efficiency.

What is Eva Live (GOAI) management’s strategic vision for Eva Defense?

Management aims to build Eva Defense into a significant ecosystem participant through strategic acquisitions and partnerships. According to Eva Live, leadership sees AI-driven decision making, automation, predictive analytics, and advanced drones as key to addressing fast-growing segments of the global technology and defense markets.

How does Eva Defense align with Eva Live (GOAI) broader artificial intelligence strategy?

Eva Defense extends Eva Live’s strategy of entering high-growth sectors where AI can be a force multiplier. According to Eva Live, combining its AI capabilities with autonomy, robotics, and sensing technologies is expected to enhance innovation and create potential competitive advantages over time.