Major General Malcolm B. Frost (Ret.) of the US Army Joins America First Defense Drone and Robotics Advisory Council
Rhea-AI Summary
Gaxos.ai (NASDAQ:GXAI) announced on March 10, 2026 that Major General Malcolm B. Frost (Ret.) has joined the America First Defense Drone and Robotics Advisory Council. Frost will advise on AI-driven autonomous systems, counter-drone technologies, and next-generation robotic platforms for national security applications.
The council comprises military leaders and technologists guiding development and deployment of AI-enabled drone, counter-UAS, and robotic defense platforms as Gaxos expands its America First Defense portfolio.
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News Market Reaction – GXAI
On the day this news was published, GXAI declined 7.28%, reflecting a notable negative market reaction. Argus tracked a trough of -18.3% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $13.05M at that time.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
GXAI traded down 6.79% while most sector peers listed (BHAT, MSGM, TBH, GIGM, TRUG) showed positive price changes. Momentum data flags only BHAT moving in the same direction, down 9.44%, indicating today’s weakness appears more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 05 | Defense license deal | Positive | +46.0% | AFD secured Navy license for DDH counter-UAS system, boosting GXAI exposure. |
| Mar 03 | Strategic stake acquisition | Positive | +15.8% | Gaxos acquired 19.99% of AFD, entering advanced drone and robotics defense. |
| Feb 17 | AI partnership deal | Positive | +35.2% | Partnership with BytePlus to access video-generation models and improve margins. |
| Feb 03 | AWS platform funding | Positive | +41.8% | AWS committed funding for an AI-powered sales coaching platform development. |
| Dec 09 | Product launch | Positive | +5.9% | Launch of Bible Pray AI targeting digital faith market with subscription model. |
Recent positive announcements have frequently coincided with strong upside moves, particularly around AI partnerships and the America First Defense relationship.
Over the past several months, Gaxos.ai has announced a string of AI- and defense-focused milestones. On Dec 9, 2025, it launched Bible Pray AI, followed by AWS funding an AI sales platform on Feb 3, 2026. A BytePlus partnership was disclosed on Feb 17, 2026. In March, Gaxos acquired a 19.99% stake in America First Defense on Mar 3, 2026, and AFD secured a Navy counter‑UAS license on Mar 5, 2026. Each of these updates saw double‑digit percentage gains within 24 hours.
Market Pulse Summary
The stock moved -7.3% in the session following this news. A negative reaction despite positive strategic news would contrast with recent history, where updates on AFD, AWS support, and the BytePlus partnership produced 24-hour gains up to 45.97%. Such a divergence could reflect profit-taking after prior rallies or growing sensitivity to capital-raising activity noted in recent filings. Historically, reactions have skewed positive when news expanded AI or defense exposure.
Key Terms
counter-drone technical
autonomous systems technical
counter-uas technical
unmanned aerial systems technical
AI-generated analysis. Not financial advice.
U.S. Army Commanding General (Ret.) to Help Guide Next-Generation Counter-Drone Innovation, AI and Robotics
Roseland, NJ, March 10, 2026 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various high-growth sectors, today announced that Malcolm B. Frost, a retired Major General in the United States Army, has joined America First Defense (“AFD”) Drone and Robotics Advisory Council.
Major General Frost brings decades of operational and strategic experience in modern warfare, military communications, and advanced defense technologies. Throughout his distinguished career, he held multiple senior leadership roles within the U.S. Army and has been deeply involved in modernization initiatives involving robotics, communications systems, and next-generation battlefield technologies.
At AFD, Frost will advise leadership on the company’s expanding portfolio of AI-driven autonomous systems, drone defense technologies, and next-generation robotic platforms designed to address rapidly evolving national security threats.
“Major General Frost’s experience in military operations, emerging defense technologies, and strategic command will be invaluable as AFD continues to build a platform focused on drone defense and robotic systems for the modern battlefield,” said Vadim Mats, CEO of Gaxos. “His insight into the future of warfare and autonomous technologies strengthens AFD’s ability to develop solutions aligned with the needs of defense and security partners.”
The Drone and Robotics Advisory Council at AFD is composed of experienced military leaders, technologists, and national security experts who provide guidance on the development and deployment of AI-enabled drone, counter-UAS, and robotic defense platforms.
AFD is currently focused on developing technologies that address the rapidly expanding counter-drone and autonomous defense systems market, which is expected to grow significantly as governments and security agencies worldwide seek more effective tools to detect, intercept, and neutralize hostile unmanned aerial systems.
For more information, visit Gaxos.AI and America First Defense. You can also follow Gaxos.ai on LinkedIn for the latest updates and news.
About America First Defense
America First Defense is an American defense technology company focused on developing advanced defense systems including airborne counter-drone technology and biomimetic soft robotics platforms designed for defense, homeland security, and critical infrastructure applications.
About Gaxos.ai Inc.
Gaxos.AI is a technology company focused on reshaping the way people interact with artificial intelligence across everyday life and high-impact industries. More than a developer of applications, Gaxos.AI is building a portfolio of AI-powered solutions designed to make advanced technology more practical, accessible, and transformative. The company’s growing portfolio spans defense, health and wellness, entertainment, and productivity—bringing intelligent tools to markets where innovation can drive meaningful real-world outcomes.
Forward-Looking Statements
Certain statements contained in this press release are “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as “will”, “anticipate”, “estimate”, “expect”, “should”, “may”, and other words and terms of similar meaning or use of future dates; however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the SEC, accessible through the SEC’s website (http://www.sec.gov), including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed or furnished with the SEC. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. The Company disclaims any obligation to update forward-looking statements. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. The contents of any website referenced in this press release are not incorporated by reference herein.
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