Yahoo · Oct 29, 2026
Powell Max Limited Announces Strategy to Build a Defense and Security Group, Beginning with Proposed Remington Firearms Transaction
Company intends to explore future opportunities in interceptor drone and counter-drone systems, cybersecurity and critical infrastructure protection BOCA RATON, Fla., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Powell Max Limited (Nasdaq: PMAX) ("Powell Max," "PMAX" or the "Company") today announced its intention to enter the defense and security sector. The Company plans to do so through a strategy of acquiring and consolidating complementary defense, technology, manufacturing and protection businesses.

