West Palm Beach-based Ondas is rapidly building a global defense technology platform through acquisitions, investments, and strategic leadership appointments. The company’s $33 million acquisition of Aran Defense adds manufacturing capabilities to its growing autonomous systems portfolio. Former Mossad Director David Barnea is also joining Ondas to lead its global defense strategy. Meanwhile, investments in companies such as FPF Defense and major military contracts are expanding Ondas’ footprint. The company’s growth is further positioning South Florida as an emerging hub for defense and autonomous technology.

Florida Atlantic University is building a new pipeline to help turn research and intellectual property into startups and commercial opportunities. Supported by an $85,000 VentureWell grant, the initiative will initially focus on marine science, sustainability, clean energy, and engineering. The program aims to connect researchers, students, mentors, investors, and industry partners. FAU hopes the model will strengthen South Florida’s innovation ecosystem.

Palantir Technologies has named former AIG CEO Peter Zaffino global head of financial services, strengthening its push into insurance, banking, asset management and private equity. The appointment also underscores South Florida’s growing role in AI and fintech, with Palantir now headquartered in Aventura.

NVIDIA has agreed to acquire Hugging Face for approximately $12.93 billion, marking a major bet on the future of open-source AI. The deal also has a South Florida connection: Hugging Face co-founder and CEO Clément Delangue is based in the Miami area, where the global AI company maintains an office.

MyFreightWorld is expanding its West Palm Beach operations, adding 41 jobs and nearly doubling its office footprint as the logistics company deepens its investment in South Florida.

Tri-Rail’s proposed new funding strategy could do more than secure the rail system’s financial future. By unlocking development opportunities around stations across its 70-mile South Florida corridor, the plan could create new hubs for housing, business and investment while generating sustainable revenue for regional transit.

Miami-based Longeveron has advanced to the finals of the $101 million XPRIZE Healthspan competition, earning a $1 million award to help advance its stem cell therapy, laromestrocel, and its potential to extend healthy human life.

Dolby Laboratories has acquired a 683-asset video-compression patent portfolio developed by Florida Atlantic University researchers through a partnership with OP Solutions, marking a major commercialization milestone for South Florida innovation.

NEXA’s $100 million investment and Acting U.S. Labor Secretary Keith Sonderling’s visit to its Hollywood headquarters spotlight the company’s rapid growth and South Florida’s emerging role in advanced technology, manufacturing and workforce development.