First Breach Co and Ideaforge Terminate Joint Venture Agreement
A SEC filing says First Breach Co and Ideaforge mutually terminated their joint venture agreement, effective Oct. 26, 2026.
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A SEC filing says First Breach Co and Ideaforge mutually terminated their joint venture agreement, effective Oct. 26, 2026.
The companies mutually terminated their joint venture agreement effective October 26, 2026, ending plans to develop and manufacture unmanned aerial vehicles in the United States. First Breach has no further obligation to contribute capital, including a previously scheduled $10 million tranche.
First Breach and ideaForge mutually terminated their joint venture agreement, effective Oct. 26, 2026, according to an SEC filing.