The CEO of TYTAN Technologies Balazs Nagy addresses guests during the opening of the new production facility for autonomous interceptor drones by TYTAN Technologies, in Munich, southern Germany on November 9, 2026. (Photo by Alexandra BEIER / AFP via Getty Images)

A model of the TI-04 drone is displayed during the opening of the new production facility for autonomous interceptor drones by TYTAN Technologies, in Munich, southern Germany on November 9, 2026. (Photo by Alexandra BEIER / AFP via Getty Images)

A model of the TI-05 drone, which is being developed, is displayed during the opening of the new production facility for autonomous interceptor drones by TYTAN Technologies, in Munich, southern Germany on November 9, 2026. (Photo by Alexandra BEIER / AFP via Getty Images)

(L-R) The CEO of TYTAN Technologies Balazs Nagy, Bavaria's State Premier Markus Soeder and CTO and co-founder Batuhan Yumurtaci pose with a broken piece of drone during the opening of he new production facility for autonomous interceptor drones by TYTAN Technologies, on November 9, 2026 in Munich. (Photo by Alexandra BEIER / AFP via Getty Images)

(L-R) The CEO of TYTAN Technologies Balazs Nagy, Bavaria's State Premier Markus Soeder and CTO and co-founder Batuhan Yumurtaci pose with a broken piece of drone during the opening of he new production facility for autonomous interceptor drones by TYTAN Technologies, on November 9, 2026 in Munich. (Photo by Alexandra BEIER / AFP via Getty Images)

A model of the TI-03 Hyperion drone is displayed during the opening of the new production facility for autonomous interceptor drones by TYTAN Technologies, in Munich, southern Germany on November 9, 2026. (Photo by Alexandra BEIER / AFP via Getty Images)

Visitors look at different drone models displayed during the opening of the new production facility for autonomous interceptor drones by TYTAN Technologies, in Munich, southern Germany on November 9, 2026. (Photo by Alexandra BEIER / AFP via Getty Images)

Options trader Ilya Bosinzon works on the floor of the New York Stock Exchange, Friday, Nov. 6, 2026, in New York. (AP Photo/Yuki Iwamura)