AI Defense
Stock VisionWave (Nasdaq: $VWAV) Details Planned
Aerial and Counter-UAS Layer of Its Developing Defense Architecture; @VWAVInc
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retail Investors following AI and defense stocks, reports on breaking news and
trading for VisionWave Holdings, Inc (Nasdaq:VWAV), a technology company focused on advanced
defense, aerospace and artificial intelligence solutions.
VisionWave Holdings, Inc. today highlighted the
aerial and counter-unmanned aircraft system (“counter-UAS”) layer of its
developing autonomous defense ecosystem.
VisionWave’s aerial architecture is being designed
to support tactical intelligence, surveillance and reconnaissance (“ISR”),
logistics, strike, counter-UAS and other mission applications, while
interoperating with the Company’s STRATUM ground platforms and command
architecture.
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The Company’s currently contemplated aerial
development programs, none of which is in production, commercially available or
the subject of a customer order, include:
TALON 10 — tactical ISR and surveillance;
TALON HEAVY LIFT 40 — aerial logistics;
TALON 10 STRIKE — FPV strike configuration;
TALON GUARDIAN — two-stage payload-release architecture;
TALON SHOOTER — gimbaled precision-support configuration; and
D-FLY and counter-UAS
concepts — designed around autonomous interception and
layered counter-UAS response.
“We believe modern autonomous operations
increasingly require ground vehicles, aerial platforms, sensors and counter-UAS
systems to operate from the same intelligence picture,” said Douglas Davis,
Chief Executive Officer and Executive Chairman of VisionWave. “Our development
strategy is focused on creating that interoperability from the outset.”
One Mission Picture
VisionWave’s architecture is intended to allow
aerial assets to launch from or operate alongside ground elements, perform
missions and share information through a common operating environment.
The Company ultimately intends for ground and
aerial systems to be tasked through one mission picture and one operator
control architecture.
Pursuing Counter-UAS Opportunities
VisionWave is pursuing opportunities in counter-UAS
and related defense markets in the United States and internationally. The
Company has submitted proposals in response to U.S. Government counter-UAS
solicitations. No award has been made to the Company, and there can be no
assurance that any proposal will result in an award. The Company is also
engaged in preliminary, non-binding discussions with a European defense
ministry regarding a possible counter-UAS interceptor trial. No agreement has
been reached, no terms have been agreed, and there can be no assurance that any
trial, contract or order will result.
“Our strategy is to build beyond the interceptor
itself,” Davis added. “Detection, classification, decision support, autonomous
platforms and effectors ultimately need to function together. That is the
architecture we are pursuing.”
The systems and capabilities described herein are
under development or exist only as concepts. None is in production or
commercially available, none has generated revenue, and none should be
understood as a commercially deployed capability. Their development, testing,
demonstration, export and sale are subject to regulatory, export-authorization
and procurement requirements, and there can be no assurance that any of them
will be completed, will achieve their intended performance or will result in a
customer order.
ABOUT VISIONWAVE
VisionWave Holdings, Inc. (Nasdaq: VWAV) is a
defense and advanced sensing technology company developing AI-driven, RF-based
sensing, autonomy, and computational acceleration technologies for defense,
homeland security, and commercial infrastructure applications. VisionWave's
mission is to connect defense innovation with civilian progress through shared
core technologies intended for use across air, land and fixed-site
environments. The Company's website is https://www.vwav.inc. Information contained on, or accessible through,
the Company’s website is not incorporated by reference into, and does not form
a part of, this press release or any filing of the Company with the Securities
and Exchange Commission. Certain of the platforms, payloads, sensing
technologies and software described in this press release are in development,
have not completed testing or qualification, are not commercially available and
have not generated material revenue.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. Forward-looking statements
are generally identified by words such as “believe,” “may,” “will,” “estimate,”
“continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,”
“project,” “forecast,” “predict,” “target,” “objective,” “strategy,” “designed
to,” “intended to,” “concept,” “under development” and similar expressions, or
by statements that events or trends “may,” “will,” or “could” occur.
Forward-looking statements in this press release include, without limitation,
statements regarding the intended design, capabilities and mission applications
of the TALON family, D-FLY and the Company’s counter-UAS concepts; the intended
interoperability of aerial and ground systems through a common command
architecture; the outcome of proposals submitted in response to U.S. Government
solicitations; and the outcome of preliminary discussions regarding a potential
counter-UAS interceptor trial.
Forward-looking statements are not guarantees of
future performance, are based on management’s current expectations and
assumptions as of the date of this press release, and are subject to known and
unknown risks, uncertainties and other factors that could cause actual results
to differ materially from those expressed or implied, including, but not
limited to: the fact that substantially all of the platforms, payloads, sensing
technologies and software described in this press release are in development,
have not completed testing, qualification or independent third-party
validation, are not commercially available, have not generated material revenue,
and may never be completed, certified, produced at scale or adopted by any
customer; the Company’s need to raise substantial additional capital to fund
development and its ability to do so on acceptable terms or at all; the
substantial dilution to existing stockholders resulting from sales of common
stock under the Company’s at-the-market offering programs, conversions of the
Company’s outstanding convertible debentures, exercises of outstanding warrants
and shares issuable as consideration in acquisitions and strategic
transactions; the Company’s history of operating losses, accumulated deficit
and working capital deficiency, and the substantial doubt regarding the
Company’s ability to continue as a going concern described in its most recent
periodic report; the Company’s ability to satisfy the continued listing
standards of The Nasdaq Stock Market, including the minimum bid price
requirement, and the anticipated effects of the reverse stock split approved by
the Company’s stockholders; the Company’s dependence on government procurement
processes, competitive solicitations, budget appropriations and program
funding, none of which has resulted in an award, contract or order to the
Company; the risks of pursuing sales to foreign governments and foreign defense
ministries, including procurement delays, offset requirements, political and
geopolitical developments and the absence of any binding commitment; U.S. and
non-U.S. export control, licensing, technology transfer, defense trade
registration and economic sanctions requirements applicable to the technologies
described in this press release, including the International Traffic in Arms
Regulations and the Export Administration Regulations, and the risk that
required authorizations are delayed, conditioned or denied; the Company’s
ability to obtain, protect and enforce intellectual property rights and the
risk that pending patent applications do not issue; risks relating to
acquisitions, integration and reliance on third parties, partners, suppliers
and subcontractors; and the other risks and uncertainties described under “Risk
Factors” in the Company’s Annual Report on Form 10-K, its Quarterly Reports on
Form 10-Q and its Current Reports on Form 8-K filed with the U.S. Securities
and Exchange Commission.
All forward-looking statements speak only as of the
date of this press release and are expressly qualified in their entirety by the
cautionary statements included in this press release and in the Company’s SEC
filings. VisionWave undertakes no obligation to update or revise any
forward-looking statement, whether as a result of new information, future
events or otherwise, except as required by law. Investors are cautioned not to
place undue reliance on these forward-looking statements.
Contact for Investors: investors@vwav.inc
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