- CEO
- Jacob Salk
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- 420 Lexington Avenue New York City NY United States of America 10017
- IPO Date
- Feb 24, 2009
- Business
- Next Dynamics Inc. (NEXD) develops, engineers, licenses, and manufactures advanced defense technologies, including patented small arms munitions, weapon systems, and engineering services for military modernization. The company offers its proprietary Advanced Small Arms Projectile (A.S.A.P.®) technology in NATO calibers such as 5.56mm, 7.62mm, and 12.7mm, delivering enhanced velocity, accuracy, and penetration; the R2 firing platform with secondary recoil technology; remote weapon systems like ThunderStrike; multi-munition launchers including QUAD40 and First Solution less-lethal systems; light tactical vehicles and boats; and mission support solutions encompassing specialized training, human performance optimization, logistics, and artillery customization services. Incorporated in 2003 and headquartered at 420 Lexington Avenue, Suite 2320, New York, New York, with additional operations in Wilmington, North Carolina, Westmount, Quebec, Houston, Texas, and a new licensed manufacturing facility in Barrie, Ontario, Next Dynamics serves NATO countries, strategic allies, U.S. federal agencies, military units, and law enforcement primarily in North America and internationally. In August 2025, the company completed the acquisition of Integrated Launcher Solutions Inc. for $6 million, integrating ThunderStrike, QUAD40, and First Solution into its portfolio to enter the $17.94 billion less-lethal weapons market growing at an 8.6% CAGR through 2032, with demonstrations scheduled for U.S. agencies in 2025-2026; additionally, in October 2025, it secured full government licensing for its Barrie facility to produce A.S.A.P. munitions and related products, targeting robotic integration completion and pilot production by mid-2026.