NASDAQ:MEVOW

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M Evo Global Acquisition Holds at $10 as SPAC Deal Watch Begins

M Evo Global Acquisition Corp II Class A shares closed at $9.94 Tuesday, up one cent, with volume at 1,200 shares on Nasdaq. The SPAC reported $301.7 million in trust as of March 31, setting redemption value at $10.06 per share. No operating revenue has been recorded. Aristeia Capital disclosed a 6.11% stake.

June 3, 2026

Aurora Labs Secures $1 Million Defence Grant to Scale Micro Gas Turbine Production
June 2, 2026, 8:31 PM EDT. Aurora Labs (ASX:A3D) won a $1 million Defence Industry Development Grant from the Australian Department of Defence to advance manufacturing of its Micro Gas Turbine (MGT) propulsion systems. The company will co-invest an equal amount, totaling $2 million, to acquire a large-format metal 3D printer at its Canning Vale facility. This equipment is critical for scaling production to meet rising demand in defence markets, particularly for autonomous systems and guided weapons. The grant aligns with Australia's Sovereign Defence Industrial Priorities, aiming to strengthen local defence manufacturing and reduce reliance on foreign suppliers. Managing Director Rebekah Letheby described the funding as a pivotal shift from research to high-rate sovereign manufacturing of advanced defence propulsion technologies.