Tessera Defense and Homeland Security Inc. (HLSQ) Secures Option to Buy 51% of RT LTA

Tessera obtained a 90-day option to acquire 51% of RT LTA Systems at a price based on the lower of a $13M valuation or an earnout formula tied to 2026—2028 results; a $1.0M refundable deposit backs the option.Material DetailsContext by AI AnalystThis is an early-stage move in Tessera’s pivot deeper…