VisionWave Enters into $10 Million Statement of Work for Development of qSpeed-Mine™ - Mining Acceleration Platform
Rhea-AI Summary
VisionWave (Nasdaq: VWAV) executed a $10.0 million Statement of Work to develop qSpeed-Mine™, a milestone‑based cryptocurrency mining acceleration and orchestration platform.
The SOW spans ~32 weeks, includes staged payments ($350,000 at signing, ~ $1.0M at POC, ~$6.0M across intermediate milestones, ~$3.0M at final acceptance) and targets deployment across up to 1,000 nodes. Revenue recognition depends on milestone acceptance and may be realized in calendar 2026 if milestones complete.
Positive
- $10.0M fixed‑fee SOW secured
- 32‑week structured program with objective milestones
- Initial payment of $350,000 received at signing
- POC payment of approximately $1.0M
- Target deployment across up to 1,000 nodes
Negative
- Revenue contingent on milestone acceptance and verification
- No guarantee milestones will complete or revenue will be realized
- Final ~$3.0M payable only on full program acceptance
News Market Reaction
On the day this news was published, VWAV gained 5.80%, reflecting a notable positive market reaction. Argus tracked a peak move of +4.7% during that session. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $10M to the company's valuation, bringing the market cap to $176M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
VWAV gained 2.86% while key peers were mixed: SPAI -5.35%, ISSC -5.03%, POWW +0.53% in sector list and +4.38% in momentum scan. Moves do not show a unified sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 10 | Business development update | Positive | -5.4% | Solar Drone leadership meetings and business development in Italy and Middle East. |
| Feb 06 | Tech demo & stake option | Positive | +9.9% | Successful SaverOne VRU demo and potential acquisition of up to ~51% stake. |
| Feb 03 | Platform strategy update | Positive | +3.4% | Reiterated dual‑market platform and integration of QuantumSpeed and qSpeed. |
| Feb 02 | POC progress report | Positive | -6.4% | POC nearing completion for AstraDRC using qSpeed accelerator for IC designs. |
| Jan 28 | JV IP contribution | Positive | +2.2% | Boca Jom IP transfer and RF team assembly for EDA and VisionRF platforms. |
Recent news tends to move the stock in both directions on positive headlines, with a mix of aligned and divergent reactions.
Over the past few weeks, VisionWave has issued multiple positive operational and strategic updates, including joint‑venture IP contributions, RF and autonomous systems progress, and international business development efforts. Price reactions have been mixed: some events saw gains of up to 9.91%, while others led to declines exceeding 5%. Today’s commercial SOW for QuantumSpeed™ continues the shift from pre‑commercial positioning and demonstrations toward milestone‑based execution and potential revenue generation in 2026.
Market Pulse Summary
The stock moved +5.8% in the session following this news. A strong positive reaction aligns with VisionWave’s first clearly defined, milestone‑based commercial SOW for QuantumSpeed™, totaling $10 million. Historically, positive news has produced both rallies and selloffs, so sustained strength would have depended on execution of the 32‑week program and milestone acceptances. Existing financing structures and prior dilution risks, as outlined in recent filings, could also have influenced how durable any upside move became.
Key Terms
statement of work financial
proof-of-concept technical
kpi technical
cryptographic technical
ai/ml technical
AI-generated analysis. Not financial advice.
WEST HOLLYWOOD, Calif., Feb. 17, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) today announced the execution of a
VisionWave views this SOW as the beginning of QuantumSpeed™’s transition from acquisition thesis to paid, performance-gated commercial execution. The SOW is structured as a fixed-fee, milestone-based program with objective acceptance criteria and payments tied directly to verified technical delivery and operational performance.
Commercial Structure, Timeline, and Milestone-Based Payments
The SOW spans an expected program duration of approximately 32 weeks, progressing from initial platform validation through proof-of-concept (“POC”) and into full-scale deployment.
Key commercial milestones include:
$350,000 paid upon contract execution- Approximately
$1.0 million earned through completion and acceptance of the POC milestone - Approximately
$6.0 million earned across successive intermediate milestones, including scaled deployment and operational validation - Approximately
$3.0 million payable upon final delivery and full program acceptance
If milestone execution proceeds as planned, the SOW is structured to generate not less than the full
Revenue is expected to be recognized in accordance with milestone achievement and acceptance under the contract terms.
The Moment the Story Ends and the Business Begins
QuantumSpeed™ was acquired with the goal of unlocking meaningful performance and efficiency gains in compute-intensive, deterministic environments where latency, energy consumption, and operational stability directly determine economics.
The executed SOW seeks to launch qSpeed-Mine™, a production-scale deployment of the QuantumSpeed™ platform across a distributed environment of up to 1,000 nodes, governed by reproducible benchmarks, KPI-driven acceptance gates, and staged operational rollouts.
Accelerating Existing Infrastructure — Driving Down Unit Cost
A core objective of the engagement is to enable existing mining infrastructure to operate at materially higher effective performance through advanced scheduling, orchestration, latency reduction, and efficiency optimization — rather than requiring wholesale hardware replacement.
By increasing effective throughput and reducing non-productive overhead, the platform is designed to substantially reduce the cost of mining per unit of output, improving overall economic efficiency while preserving hardware stability and operational safety.
“This is about extracting materially more value from the infrastructure that already exists,” said Dr. Danny Rittman, Chief Technology Officer of VisionWave. “The goal of QuantumSpeed™ is to improve system-level efficiency by optimizing how work is coordinated and executed at scale, which directly impacts unit economics without changing cryptographic assumptions.”
“Scale is where inefficiencies hide,” added Dr. Rittman. “QuantumSpeed™ was built to expose and eliminate them.”
The CEO Statement
“Let’s be absolutely clear,” said Douglas Davis, Interim Chief Executive Officer of VisionWave. “In the context of acquisitions, announcements and whitepapers, what really matter is whether real money is paid, under milestone conditions, with no obligation to continue if the technology fails. We were paid at signing. The SOW provides that we get paid through POC and as the platform scales. And we get paid in full only if delivery is complete. It is our goal to show that through our planned execution of the SOW that the speculation phase cycle around QuantumSpeed™ will end.”
From Inflection Point to Scale
VisionWave intends to use this engagement as the first commercial anchor for broader QuantumSpeed™ sales efforts across additional compute-intensive markets; our goal is to deliver advanced computing acceleration technology applicable across not only our own VisionWave Spectrum™ AI-based UxV management systems, but also a wide variety of domains, including other real-time systems, AI/ML, defense, and large-scale infrastructure optimization.
“This is not the finish line,” concluded Mr. Davis. “We intend to continue to build on the momentum created by the signing of this SOW.”
About VisionWave Holdings, Inc.
VisionWave Holdings, Inc. (Nasdaq: VWAV) is a dual-market autonomous systems platform 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 deployed across air, land, and sea.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expected program timelines; milestone execution; anticipated revenue recognition; expected performance, cost-efficiency, scalability, and commercialization of VisionWave’s QuantumSpeed™ platform; and potential expansion into additional markets and use cases.
Forward-looking statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including but not limited to: successful execution and acceptance of contractual milestones; realized technical performance outcomes; operational and integration challenges; changes in customer requirements; market and regulatory conditions; and other risks described from time to time in VisionWave’s filings with the Securities and Exchange Commission.
VisionWave undertakes no obligation to update or revise any forward-looking statements, except as required by law.
Contacts:
VWAV - Investor Contact:
Website:
https://www.vwav.inc
FAQ
What is the value and structure of VisionWave's February 17, 2026 SOW (VWAV)?
How long is the qSpeed-Mine deployment program under the VWAV SOW?
What payments has VisionWave (VWAV) outlined in the qSpeed-Mine SOW?
When does VisionWave expect to recognize revenue from the $10M SOW (VWAV)?
What scale and technical goals does qSpeed-Mine target under the VWAV agreement?
