VisionWave Holdings, Inc. Announces Intention to Launch Up to £500,000 Autonomous Ground Vehicle Program with Evie Autonomous

Rhea-AI Summary

VisionWave Holdings (Nasdaq: VWAV) entered a non-binding letter of intent with Evie Autonomous to explore a up to £500,000 Proof‑of‑Concept program to integrate Evie’s autonomous vehicle tech into VisionWave Unmanned Ground Vehicles.

Discussions began in August 2025; the companies expect the POC, if agreed, to commence in 2026 subject to definitive agreements. This would be VisionWave’s first strategic initiative since its July 2025 de‑SPAC listing. VisionWave is also negotiating acquisitions of Monte drones and related robotics to complement RF‑perception and autonomy efforts.

Positive

• POC budget of £500,000 for UGV autonomy integration
• Discussions began in August 2025, showing months-long engagement
• Potential European market positioning targeted for 2026

Negative

• Letter of intent is non-binding, no definitive agreements yet
• POC start is conditional on agreements and thus uncertain in 2026
• Acquisition negotiations of Monte drones are ongoing and not finalized

News Market Reaction

+3.18%

4 alerts

+3.18% News Effect

-6.1% Trough Tracked

+$4M Valuation Impact

$145M Market Cap

0.7x Rel. Volume

On the day this news was published, VWAV gained 3.18%, reflecting a moderate positive market reaction. Argus tracked a trough of -6.1% from its starting point during tracking. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $4M to the company's valuation, bringing the market cap to $145M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Planned UGV POC size: £500,000 POC start timing: 2026

2 metrics

Planned UGV POC size £500,000 Potential autonomous ground vehicle Proof-of-Concept program with Evie Autonomous

POC start timing 2026 Anticipated commencement of POC program if definitive agreements are reached

Market Reality Check

Price: $9.74 Vol: Volume 198,092 is near it...

normal vol

$9.74 Last Close

Volume Volume 198,092 is near its 20-day average of 190,493 (1.04x). normal

Technical Price 9.11 is trading slightly below the 200-day MA of 9.36.

Peers on Argus

Peers show mixed moves: SPAI -7.98%, POWW -4.81%, SPCE -1.66% while ISSC +3.56% ...

Peers show mixed moves: SPAI -7.98%, POWW -4.81%, SPCE -1.66% while ISSC +3.56% and DPRO +3.31%, suggesting stock-specific factors for VWAV.

Historical Context

5 past events · Latest: Dec 10 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 10	Argus patent plans	Positive	-2.0%	Announced preparation of provisional patents for Argus counter‑UAS platform.
Dec 04	Solar Drone acquisition	Positive	+1.5%	Signed definitive agreement to acquire Solar Drone for shares targeting $21.6M value.
Dec 02	Argus system unveil	Positive	-1.3%	Unveiled Argus space-enabled AI counter‑drone system with BladeRanger partnership.
Nov 26	EU growth update	Positive	-1.2%	Highlighted Solar Drone PoC success with DB InfraGO AG and EU expansion efforts.
Nov 24	Greece drone talks	Positive	+2.2%	Solar Drone CEO held technical meetings in Greece on wildfire and grid drones.

Pattern Detected

Recent news has led to modest single-digit moves, with slightly more downside than upside reactions.

Recent Company History

Over the last few weeks, VisionWave announced an Argus counter‑UAS patent initiative on Dec 10, a definitive deal to acquire Solar Drone for $21.6M in stock on Dec 4, and the Argus system unveiling on Dec 2. Earlier in late November, it highlighted European Solar Drone PoC traction and wildfire-related drone discussions in Greece. Those events produced mixed single‑digit price moves, framing today’s planned UGV collaboration as another step in its post‑de‑SPAC expansion path.

Market Pulse Summary

This announcement outlines a non‑binding letter of intent for a £500,000 Proof‑of‑Concept integratin...

Analysis

This announcement outlines a non‑binding letter of intent for a £500,000 Proof‑of‑Concept integrating Evie Autonomous technology into VisionWave’s UGV platform, extending its multi‑domain autonomy strategy after its July 2025 de‑SPAC. It follows recent Argus counter‑UAS developments and the Solar Drone acquisition. Investors may track whether definitive agreements are executed, timelines toward 2026 deployment, integration with existing platforms, and how future regulatory filings reflect funding and capital needs for these R&D programs.

Key Terms

autonomous ground vehicle, unmanned ground vehicle (UGV), proof-of-concept (POC), multi-sensor fusion, +1 more

5 terms

autonomous ground vehicle technical

"intention to launch up to £500,000 Autonomous Ground Vehicle Program"

An autonomous ground vehicle is a wheeled or tracked machine that moves on land and navigates without a human driver, using sensors, cameras and software to sense its surroundings and make driving decisions. For investors it matters because these vehicles can lower labor costs, create new service and delivery markets, and carry regulatory and development risks — think of them as self-driving cars for tasks like delivery, farming or industrial work.

unmanned ground vehicle (UGV) technical

"integration into VisionWave’s Unmanned Ground Vehicle (UGV) platforms"

An unmanned ground vehicle (UGV) is a robot that moves on land without a person inside, guided remotely or by onboard software, like a self-driving car for rough or specialized tasks. Investors watch UGVs because they can lower labor costs, open new markets in defense, logistics, and agriculture, and trigger regulations and contract opportunities; their commercial success affects revenue, margins, and risk profiles of companies involved.

proof-of-concept (POC) technical

"to explore the potential for a £500,000 Proof-of-Concept (POC) program"

Proof-of-concept (PoC) is an early test or demonstration that shows whether a new product, drug, technology, or idea can work in a basic, real-world way. For investors it signals the difference between a hopeful plan and something that has practical potential—like seeing a small model of a bridge hold weight before funding the full construction—and helps assess risk, timelines, and likely future funding needs.

multi-sensor fusion technical

"with the goal of enabling advanced navigation, mission execution, and multi-sensor fusion"

Multi-sensor fusion combines data from different types of sensors—such as cameras, radar, lidar or microphones—into a single, clearer picture so machines can perceive their environment more reliably. For investors, it matters because better fusion improves product performance, safety and regulatory compliance, can reduce false alarms or costly recalls, and often signals competitive advantage or higher development costs and potential market value; think of it like assembling a more complete map from multiple satellite images.

de-SPAC financial

"first potential strategic initiative since its July 2025 de-SPAC listing on Nasdaq"

A de-spac occurs when a company that was created through a special type of public listing, called a SPAC, officially becomes a regular publicly traded company. This process is similar to a startup moving out of its temporary workspace into a permanent office, allowing investors to see the company's true value and operations. For investors, de-spacs are important because they mark the transition to a more established company, often leading to clearer financial information and investment opportunities.

AI-generated analysis. Not financial advice.

Discussions Began in August 2025 as VisionWave Expanded London-Based UGV R&D Capabilities

WEST HOLLYWOOD, Calif. and LONDON, Dec. 12, 2025 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) (“VisionWave” or the “Company”), a U.S.-based company focused on next-generation defense, autonomy, and RF-driven perception technologies, today announced that it has entered into a non-binding letter of intent with Evie Autonomous Limited, a UK developer of advanced autonomous mobility systems, to explore the potential for a £500,000 Proof-of-Concept (POC) program integrating Evie’s autonomous vehicle technology into VisionWave’s Unmanned Ground Vehicle (UGV) platforms, subject to the negotiation and execution of definitive agreements.

This initiative reflects months of structured engagement between the companies. Discussions and technical evaluations began on or about August 2025, coinciding with VisionWave’s expansion of its dedicated UGV R&D engineering team in London, as previously announced in the Company’s November 10, 2025 press release unveiling the Varan UGV—VisionWave’s intended platform for the next evolution in land-based autonomy.

The POC program if pursued and agreed, is anticipated to commence in 2026, provided that definitive agreements are reached.

The proposed POC program, if implemented, Evie Autonomous would provide its autonomous vehicle technologies for integration onto VisionWave UGVs, with the goal of enabling advanced navigation, mission execution, and multi-sensor fusion.

Strategic Expansion Following De-SPAC

This proposed collaboration would represent the Company’s first potential strategic initiative since its July 2025 de-SPAC listing on Nasdaq. VisionWave continues to advance additional acquisitions and integrations, including negotiations to acquire Monte drones and related robotics technologies that may complement the Company’s RF-perception and autonomy engine.

“Our discussions with Evie Autonomous began months ago as part of our London-based engineering team’s expansion and the development of our Varan UGV platform,” said Douglas Davis, Executive Chairman of VisionWave Holdings Inc. “We are pleased to have signed a non-binding letter of intent that, if definitive agreements are reached, would align with our multi-domain autonomy strategy and could position VisionWave to potentially address European demand in 2026 and beyond.”

About Evie Autonomous

Evie Autonomous Limited develops advanced autonomous mobility technologies enabling safe, efficient, driverless operation across industrial and commercial environments. Based in Stoke-on-Trent, United Kingdom, Evie supports global partners deploying next-generation autonomous platforms.

About VisionWave Holdings Inc.

VisionWave Holdings Inc. is a defense-technology company focused on advanced sensing, resilient communications, and AI-driven decision systems for national security and critical infrastructure protection. Through platforms such as Argus and its SkyWeave™️ HF communications backbone, VisionWave seeks to deliver scalable, theater-level capabilities for the detection, classification, tracking, and defeat of emerging aerial threats.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and include, but are not limited to, statements regarding the statements regarding the proposed POC program with Evie Autonomous, the potential for future commercial deployments, the anticipated timing and outcome of the POC, and the possibility of entering into definitive agreements are forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including the failure to negotiate or execute definitive agreements, unsatisfactory POC results, technological or developmental challenges, competitive developments, changes in market conditions or demand, regulatory changes, and other factors described in the Company’s SEC filings. The Company undertakes no obligation to update any forward-looking statements.

Investor Contact:investors@vwav.inc 

Website: https://www.vwav.inc

FAQ

What did VisionWave (VWAV) announce on December 12, 2025 about Evie Autonomous?

VisionWave announced a non-binding letter of intent to explore a up to £500,000 POC integrating Evie’s autonomous tech into its UGV platforms.

When did VisionWave and Evie begin discussions for the VWAV UGV POC?

The companies began structured discussions and technical evaluations on or about August 2025.

When is the proposed VWAV–Evie POC expected to start if agreed?

If definitive agreements are reached, the proposed POC is anticipated to commence in 2026.

How material is the Evie POC to VisionWave’s strategy after VWAV’s de‑SPAC?

The POC would be VisionWave’s first potential strategic initiative since its July 2025 de‑SPAC Nasdaq listing.

What other strategic moves did VisionWave disclose alongside the VWAV Evie announcement?

VisionWave said it is negotiating to acquire Monte drones and related robotics technologies to complement its RF‑perception and autonomy engine.