Distributed on behalf of Inturai Ventures Corp.
With global tensions continuing to rise, defense spending around the world is expected to surge in the coming years. Analysts estimate that global military expenditures could reach approximately $2.6 trillion this year alone, says National Defense Magazine. By the end of the decade, that figure is projected to climb to nearly $2.9 trillion, they added. All of which could help fuel upside in defense-related stocks such as Inturai Ventures Corp. (CSE: URAI) (OTC: URAIF), Palantir Technologies (NASDAQ: PLTR), BigBear.ai (NYSE: BBAI), C3.ai (NYSE: AI), and Lockheed Martin (NYSE: LMT).
In the United States, defense spending could see a significant increase as well. President Donald Trump recently proposed a massive $1.5 trillion defense budget for fiscal year 2027, as noted by the House Armed Services Committee. If approved, the proposal would represent a substantial jump from the roughly $900 billion defense budget authorized for 2026. Other countries are also boosting military investments. Canada, for example, has committed approximately $81.8 billion over the next five years to strengthen the capabilities of the Canadian Armed Forces, as noted by the Government of Canada’s site.
From here, global defense spending could rise even more given the intensifying conflicts with Russia-Ukraine, the Middle East, and increased security issues across Asia and parts of Africa. In addition, NATO allies made a “commitment to investing 5% of Gross Domestic Product (GDP) annually on core defense requirements and defense- and security-related spending by 2035. They will allocate at least 3.5% of GDP annually based on the agreed definition of NATO defense expenditure by 2035 to resource core defense requirements and to meet the NATO Capability Targets,” as noted by NATO.
Look at Inturai Ventures Corp. (CSE: URAI) (OTC: URAIF), For Example
Inturai Ventures Corp., which is advancing intelligent environments with cutting-edge AI technologies, transforming industries such as healthcare, military, smart homes, and industrial applications, just announced the formation of the Inturai Defence Advisory Board, a strategic advisory group established to support the Company’s expansion into defence and national security markets.
The advisory board brings together senior leaders with experience across military operations, defence procurement, emerging technologies and national security policy. Their combined expertise will support the advancement and deployment of Inturai’s spatial intelligence platform across military and allied government applications.
The Defence Advisory Board includes:
Rear-Admiral (Ret.) Casper Donovan
Rear-Admiral (Ret.) Casper Donovan served for 35 years in the Canadian Armed Forces, ultimately rising to Deputy Commander of the Royal Canadian Navy, the second-highest operational position in the service. In this role he helped oversee the Navy’s operational readiness and played a key role in advancing the service’s future technologies and capability development initiatives.
Following his military career, Mr. Donovan served as Co-Executive Director of Canada’s Commission of Inquiry into Foreign Interference, which examined foreign interference in Canada’s democratic institutions and electoral processes. Throughout his naval career he commanded operational deployments globally, including coalition and NATO missions, and previously served as Commanding Officer of HMCS Vancouver.
Alex Makrodimitras
Mr. Makrodimitras brings more than 22 years of service in the Canadian Armed Forces, including multiple roles within Canadian Special Operations Command. His experience spans operational leadership, mission planning, capability development and defence procurement. His background provides deep expertise in the deployment and operational integration of advanced technologies in military environments.
Shawn McGowan
Joining the advisory board is Shawn McGowan, who brings over a decade of experience in defence technology, building teams, strategic partnerships and special projects that drive mission success through efficiency and disciplined execution.
With experience across small defence businesses, prime contractors and startups, Mr. McGowan specializes in navigating complex defence systems and procurement environments to deliver solutions for mission operators and government customers.
Mr. McGowan bridges the gap between innovation and real-world deployment. From managing teams of flight control, software, avionics and autonomy engineers to working cross-functionally with finance and business development, he has spent his career operating at the intersection and integration of advanced technology development.
The Defence Advisory Board will provide strategic guidance as Inturai advances the development and commercialisation of its spatial intelligence technologies for defence and security applications. Inturai’s sensing platform combines artificial intelligence with radio and Wi-Fi signal analysis to detect movement, activity and environmental conditions without cameras or specialised hardware. These capabilities enable discreet sensing, indoor mapping and situational awareness in complex operational environments.
The formation of the Defence Advisory Board supports the Company’s growing engagement with defence and national security stakeholders as it evaluates partnerships, pilot deployments and commercial pathways across North America and allied markets.
The Company notes that members of the Inturai Defence Advisory Board provide strategic guidance and industry expertise to support the Company’s defence initiatives. From time to time, as specific projects, pilot programs or commercial engagements progress, the Company may enter into advisory or consulting arrangements with individual advisors to support those initiatives. Any such engagements may include compensation for services rendered, structured in cash, equity, or a combination thereof, in accordance with applicable regulatory requirements.
Other related developments from around the markets include:
Palantir Technologies and GE Aerospace announced a multi-year partnership expansion to accelerate the transformation of military aviation readiness for the U.S. Air Force and operations across GE Aerospace’s production system. Together, the companies are deploying advanced agentic AI-powered solutions to ensure GE can maximize production and aircraft remain mission ready. A GE Aerospace engine takes off somewhere across the world every 2 seconds. As the demands on the warfighter and aviation have grown, so has the need for innovation—not only in hardware, but in the digital systems that enable supply chains to keep fleets mission-ready. To better address the evolving needs of our warfighters, GE Aerospace and Palantir have partnered to bolster warfighter readiness. Together, they are helping predict and prevent potential failures before they occur, unlocking supply chains that were gridlocked using AI, and building a closed loop from field signal to supplier action across every fleet.
BigBear.ai, a leader in AI-powered decision intelligence solutions, announced financial results for the fourth quarter of 2025 and issued an investor presentation that has been posted to the Investor Relations section of the Company’s website. “At the start of 2025, we set out to transform our financial foundations to establish a base from which to accelerate in 2026. We have delivered exactly that. As of year-end 2025, BigBear.ai is in the strongest financial position in the company’s history. I am tremendously grateful to our team for the work they have done. We have reduced our debt by more than 90%, established a powerful cash position that gives us the freedom to invest in catalytic technologies, expanded internationally, and acquired two highly specialized technology companies which play directly into our two core markets in national security and travel & trade,” said Kevin McAleenan, CEO of BigBear.ai.
C3.ai, the Enterprise AI application software company, announced financial results for its fiscal third quarter ended January 31, 2026. “I joined C3 AI six months ago and I did so with a clear conviction: this company is uniquely positioned to win in Enterprise AI. That conviction has been reinforced through extensive engagement with customers, prospects, partners, and investors. However, it was clear to me that we were not organized appropriately. We’ve reduced our cost structure and cash burn. We’ve restructured and flattened the sales organization. We’ve focused efforts on our best-in-class applications. We’ve shifted our go-to-market toward large-scale, enterprise-wide transformations. We’ve accelerated how we build and deliver product. And we are infusing our AI across every function at C3 AI. Those changes are substantially complete and C3 AI is now a more agile, more disciplined, and more accountable organization. Moving forward, our entire focus is on executing our return to growth and building C3 AI into a profitable, cash-positive business,” said Stephen Ehikian, CEO.
Lockheed Martin, developer of space-based national security solutions, will provide a robust anti-jamming payload for Japan’s Next-Generation Defense Satellite Communication System which was awarded to Mitsubishi Electric by the Japan Ministry of Defense. Serving as a mission partner to Mitsubishi Electric, Lockheed Martin’s advanced payload will help maximize the satellite’s capabilities. The payload will provide interoperability with allied and partner nations and enhance the satellite communications’ resistance to interference. “We look forward to collaborating with Mitsubishi Electric to deliver a proven, next-generation communications capability for Japan,” said Jeff Schrader, vice president, Strategy & Business Development at Lockheed Martin Space. “With our significant investments in advanced design and manufacturing and a focus on international growth and support of our allies, we’re bringing spacecraft solutions forward quickly to meet the needs of our global customers.”
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Inturai Ventures Corp. by Inturai Ventures Corp. We own ZERO shares of Inturai Ventures Corp. Please click here for full disclaimer.
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