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Proposed joint venture to target drone, AI, secure mobility, and tactical communications solutions for enterprise, public safety, and government markets ORLANDO, Fla., June 8, 2026 /PRNewswire/ -- American Industrial Technologies ("AIT") today announced the signing of a Letter of Intent ("LOI") with ideaForge Technology Limited to explore the formation of a strategic joint venture.

SIM Acquisition Corp. I (NASDAQ: SIMA - Get Free Report)'s stock price traded up 0.1% during mid-day trading on Monday. The company traded as high as $10.73 and last traded at $10.7350. 607,413 shares traded hands during mid-day trading, an increase of 259% from the average session volume of 169,374 shares. The stock had previously