Space and Defense Technology Company Jugnu Aerospace made its public debut on Thursday 7 August 2025, with another trailblazing Texas Company tapped Nasdac as its partner to join public markets.
“The opening bell function on an IPO Day does not just start a trading day – it indicates the launch of a new chapter. And for a company that has mastered the art of launching, landing and operations in space, there is no better metaphor for today,” Rachel Roys, Senior Vice President of Nasdac and Texas, Texas, Dakshin Us and Latin America called Listing for today.
“For firefighters, it has always been more than reaching the stars. Their culture embraces a unique can-do spirit where they encourage each other to dream big. This group of believers and doers have been able to convert so many bold ideas to perform so many bold ideas to execute the risks and innocents.”
Jugnu connects over 200 other Texon Innovators who are listed in the NASDAQ stock marketMarket represents approximately $ 1.8 trillion in capitalization. This includes Irving, Texas -based cancer diagnostic firm Caris Life Sciences, which celebrated its initial public offer in the Nasdaq Marketsite In June.
Along with several listings coming from Texas to Nasdaq, the exchange has also welcomed more than 25 Texon companies, which have transferred their corporate listings from other exchanges including Texas Instruments, Baker Hughes, American Airlines and Noble Energy.
$ 47 billion consumers staple giant Kimberly-Clarke became the latest Texas-based leader to switch to Nasdac when he joined the exchange in May.
“The most important thing about Texas is that as a texon, I have a front-ride seat for the strateosferic development of the economy,” Racz explained the Nasdaq News Room. “This growth is created on innovation, financial power and strong local communities.”
Nasdaq has proudly supported the wider South -East Regional Economy for nearly two decades, partnered with over 2,000 customers, about 800 of which are located in Texas.
In May, Nasdaq stood with Texas Governor Greg Abbott as he signed the Senate Bill 29-a historic law that empowers the directors and company leaders of the board, which makes good trust and thoughtful decisions without the constant threat of burden and expensive litigation.
“The Senate Bill 29 is a milestone for corporate administration in Texas. SB 29-like smart, by embracing innovation-centered regulation, Texas is showing the world showing the world what means to lead economic development and modern, clear governance principles,” said Ed Night, “Nasdac Executive Vice President Ed Knight. “We appreciate Senator Brian Hughes, Representative Morgan Mayor, and Governor Greg Abbott, which strengthens the position of Texas as a global center for the capital building to increase the position of Texas.”
Earlier this year, Nasdaq deepened its commitment to Texas by announcing plans for a new regional headquarters in Dallas and expanded investment in the loan star state.
“Texas is booming” Racz said. “And Nasdac is very excited and proud to be a part of it.”
Learn more about Nasdaq’s commitment to Texas.
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