Tessera Defense and Homeland Security Inc. (HLSQ) is a NYSE American-listed physical security technology company that operates a unified platform connecting cameras, sensors, detection technologies, artificial intelligence and other security infrastructure. News related to Tessera often focuses on how the company develops and deploys integrated security solutions for homeland security, critical infrastructure, energy, digital infrastructure and enterprise environments.
Coverage of Tessera can include announcements about enhancements to its unified security platform, updates on deployments that connect detection, intelligence and response across complex sites, and developments involving its subsidiaries. Zorronet, which provides AI-powered security intelligence and autonomous command-and-control capabilities, and DFSL, which develops LADAR-based counter-UAS and perimeter security systems, may feature in reports about advanced sensing, real-time intelligence and autonomous response applications.
Another important theme in Tessera-related news is its corporate evolution. On September 11, 2026, the company changed its legal name from BiomX Inc. to Tessera Defense and Homeland Security Inc. and began trading under the HLSQ ticker, replacing PHGE. Articles and releases may reference this transition and explain that older items under the BiomX name or PHGE symbol document the issuer’s former biotechnology business rather than its current security focus.
Investors, analysts and security professionals following Tessera’s news can expect information about platform capabilities, customer segments such as critical infrastructure and homeland security organizations, and the company’s role in addressing evolving physical threats, including those involving unmanned and autonomous systems. Historical news under the BiomX identity remains part of the record but should be interpreted in light of the company’s subsequent shift to physical security technology.
Tessera Defense and Homeland Security (HLSQ) amended its investment agreement in M.E.A. Testing Systems, increasing its equity stake from 10% to 15% and expanding related financing and rights.
For the 15% interest in MEA, Tessera will provide consideration that includes 130,000 Tessera common shares and has agreed to issue an additional 65,000 shares, subject to NYSE American approval. Tessera will also extend a $475,000 convertible loan facility to MEA to fund working capital and drone-related activities; the loan may be converted at Tessera’s option into additional MEA equity, subject to NYSE American compliance and approval.
Tessera retains an exclusive option to acquire Motomova’s remaining holdings in MEA at a price tied to MEA’s audited fiscal 2027 results and will receive an exclusive, perpetual, worldwide license to MEA’s technology and know-how. MEA will remain majority owned by Motomova, with its management unchanged.
Tessera Defense and Homeland Security (HLSQ) amended its investment agreement to increase its equity stake in M.E.A. Testing Systems (Motomea) from 10% to 15% and reinforce access to drone-testing technology.
Under the revised terms, Tessera will acquire the 15% interest for $50,000 in cash plus 130,000 shares of Tessera common stock, and has agreed to issue an additional 65,000 shares subject to NYSE American approval. Tessera also agreed to provide MEA with a convertible loan facility of up to $475,000 to fund working capital and drone-related activities, which may be converted into additional MEA equity, subject to exchange compliance and approval. At closing, Tessera is to receive an exclusive, perpetual, worldwide license to MEA’s technology and know-how and retains an exclusive option to acquire Motomova’s remaining interest in MEA at a price based on MEA’s audited fiscal 2027 results. MEA will remain majority owned by Motomova with unchanged management.
Tessera Defense and Homeland Security (HLSQ)/b) has outlined its strategic shift, capital position and recent corporate actions in a CEO letter to shareholders dated September 15, 2026.The company’s common stock began trading on NYSE American under the symbol HLSQ on September 11, 2026, following a name change from BiomX (PHGE), with trading continuing without interruption. Tessera describes a unified security platform that connects cameras, sensors, detection technologies, artificial intelligence and other security systems to detect threats and coordinate real-time response, supported by subsidiaries Zorronet (AI-powered security intelligence) and DFSL (LADAR-based detection).
For the quarter ended June 30, 2026, stockholders’ equity attributable to the company was $10.9 million and total equity was $17.6 million, including approximately $25.4 million of goodwill and intangible assets from April acquisitions. Over the last three months Tessera raised over $4 million through its at-the-market program at an average price of about $2.20 per share on a split-adjusted basis and effected a 1-for-10 reverse stock split on September 9, reducing authorized shares from 750 million to 150 million.
Tessera Defense and Homeland Security (HLSQ), formerly BiomX (PHGE), has completed its rebrand as a physical security technology platform and its name and ticker changes are now effective as of September 11, 2026.
The company’s common stock begins trading on the NYSE American under the symbol HLSQ on September 11, 2026, with trading continuing without interruption from the prior PHGE listing. Tessera targets digital infrastructure, energy assets, critical infrastructure and homeland security customers.
The unified platform connects cameras, sensors, detection technologies, artificial intelligence and other systems, and is supported by subsidiaries Zorronet for AI-powered security intelligence and DFSL for LADAR-based detection. The name change date was selected in remembrance of the September 11 attacks.
BiomX (PHGE), to be renamed Tessera Defense and Homeland Security on September 11, 2026, announced that subsidiary Zorronet has launched a no-code capability for its AI-powered command-and-control platform.
The new visual builder lets operational teams connect existing cameras, sensors, drones, gates and other on-site systems into autonomous response workflows without programming or developer support. Operators assemble site-, zone- or mission-specific logic from predefined capability blocks, modify it on screen, and run multiple workflows in parallel. The platform unifies diverse devices into one AI-managed layer that interprets activity, distinguishes behaviors, coordinates responses in real time, and can operate autonomously or with human-in-the-loop approvals. Zorronet’s software is already deployed across defense, homeland security, critical infrastructure and municipal environments in Israel.
BiomX (NYSE American: PHGE) will change its corporate name to Tessera Defense and Homeland Security effective 12:01 a.m. ET on September 11, 2026. Its common stock will then trade on the NYSE American under the new ticker HLSQ and CUSIP 09090D 608.
The company describes the new name as reflecting a defense and homeland security technology group assembled through recent acquisitions, including Dr. Frucht Systems, Zorronet, and a minority interest plus option in Motomea. A previously announced one-for-ten reverse stock split will become effective at 12:01 a.m. ET on September 9, 2026, with split-adjusted trading beginning that day. The stock will continue to trade under PHGE until the name change, and no stockholder action or certificate exchange is required. The reverse split and name change are stated as separate corporate actions.
BiomX (NYSE American: PHGE) reported that its subsidiary Zorronet received an approximately $300,000 purchase order to plan, integrate and deploy a unified operational environment at a defense technology test and evaluation site.
Zorronet will design communications, computing and control infrastructure, integrate multiple systems and deploy a dedicated command-and-control center, managing the project from initial characterization through operational handover. According to BiomX, this site-level deployment is a strategically important reference in complex defense testing environments and may support a repeatable offering for additional facilities in Israel and abroad. The customer’s identity and site details are not disclosed for confidentiality reasons.
BiomX (NYSE American: PHGE) agreed to acquire a 10% stake in Motomea, comprising M.E.A. Testing Systems and Mea Motomova India, for $50,000 in cash plus an undertaking to issue 1,300,000 restricted shares to Motomea’s ultimate majority owner, subject to regulatory and NYSE approval.
The deal includes an exclusive license for BiomX to develop and distribute drone testing solutions based on Motomea’s electric motor validation technologies. BiomX also obtained an option to acquire control of Motomea, at its sole discretion and subject to due diligence, at a purchase price calculated as 2x Motomea’s 2027 net revenue and 4x its 2028 EBITDA, multiplied by 90%, payable in a mix of cash and shares.
Motomea brings over 25 years of experience and patented inertial dynamometer systems that test electric motors for drones, aircraft, vehicles and robotics, expanding BiomX’s capabilities in electric propulsion testing for unmanned aerial systems and supporting its detection, analysis and response strategy.
BiomX (NYSE American: PHGE) amended the promissory note tied to its April 2026 acquisition of Zorronet from Water.IO (TASE: WATR), restructuring the remaining $1.25 million obligation. The amendment is designed to give BiomX more flexibility in timing its payments while supporting Zorronet’s development.
Under the revised terms, BiomX will issue 800,000 restricted common shares to Water.IO as consideration for the extension and in satisfaction of accrued interest, subject to customary conditions and approvals. The final maturity date of the note is extended to November 1, 2026. BiomX will pay an initial principal instalment of $250,000, followed by four equal monthly payments of $250,000. Zorronet develops AI-powered command-and-control software integrating video analytics, drones, sensors and IoT devices, already used by defense forces, rail operators, governments and Tier‑1 defense OEMs.
BiomX (NYSE American: PHGE) announced that subsidiary Zorronet entered a strategic collaboration with Czech firm Samura s.r.o. to expand AI-powered detection, analysis and response solutions across Central and Eastern Europe. The partnership targets agriculture, infrastructure, environmental monitoring, property protection and other monitoring-intensive sectors.
The first joint initiative focuses on AI-driven agricultural and urban pest management, combining Samura’s smart pest control hardware and market reach with Zorronet’s software to analyze sensor and camera data, identify pest activity and trigger autonomous responses. A second collaboration applies Zorronet’s AI monitoring and early-warning capabilities to protect critical transportation infrastructure by detecting animals and unauthorized people before they enter hazardous areas, aiming to reduce wildlife collisions and trespassing incidents. According to BiomX, Samura will lead commercial activities in agreed territories, while its Digital4Pest division will handle technical implementation and support.