VisionWave Holdings, Inc. Debuts on Nasdaq with Goal of Accelerating AI-Driven Defense Technology Platform
VisionWave Holdings (Nasdaq: VWAV) has made its public market debut through a business combination, with trading commencing on the Nasdaq Global Market. The company, focused on AI-powered defense technology, enters the market with a post-merger enterprise value of $174 million and approximately 14.3 million shares outstanding.
The company's platform integrates real-time adaptive AI with high-resolution radar and multispectral sensing capabilities for autonomous operations across air, land, and sea domains. VisionWave is targeting a growing defense IT market projected to expand by $23 billion from 2024-2028, supported by $16 billion in U.S. military AI funding and $1.4 billion in DoD/NNNSA investments.
Strategic priorities include commercializing Vision-RF systems, expanding AI capabilities, establishing U.S. manufacturing operations, and pursuing defense contracts.
VisionWave Holdings (Nasdaq: VWAV) ha debuttato sui mercati pubblici attraverso una combinazione aziendale, con l'inizio delle negoziazioni sul Nasdaq Global Market. L'azienda, specializzata in tecnologia di difesa basata sull'intelligenza artificiale, entra nel mercato con un valore aziendale post-fusione di 174 milioni di dollari e circa 14,3 milioni di azioni in circolazione.
La piattaforma dell'azienda integra un'intelligenza artificiale adattiva in tempo reale con radar ad alta risoluzione e capacità multispettrali di rilevamento per operazioni autonome nei domini aria, terra e mare. VisionWave mira a un mercato IT della difesa in crescita, previsto espandersi di 23 miliardi di dollari dal 2024 al 2028, supportato da 16 miliardi di dollari di finanziamenti militari USA per l'IA e 1,4 miliardi di dollari in investimenti DoD/NNNSA.
Le priorità strategiche includono la commercializzazione dei sistemi Vision-RF, l'espansione delle capacità AI, l'istituzione di operazioni produttive negli Stati Uniti e la ricerca di contratti nel settore della difesa.
VisionWave Holdings (Nasdaq: VWAV) ha debutado en el mercado público mediante una combinación empresarial, comenzando a cotizar en el Nasdaq Global Market. La compañía, enfocada en tecnología de defensa impulsada por IA, entra al mercado con un valor empresarial post-fusión de 174 millones de dólares y aproximadamente 14,3 millones de acciones en circulación.
La plataforma de la empresa integra IA adaptativa en tiempo real con radar de alta resolución y capacidades de detección multiespectral para operaciones autónomas en los dominios aéreo, terrestre y marítimo. VisionWave apunta a un mercado de TI de defensa en crecimiento, proyectado a expandirse en 23 mil millones de dólares entre 2024 y 2028, respaldado por 16 mil millones de dólares en financiamiento militar de EE.UU. para IA y 1,4 mil millones de dólares en inversiones del DoD/NNNSA.
Las prioridades estratégicas incluyen la comercialización de sistemas Vision-RF, la expansión de capacidades de IA, el establecimiento de operaciones de manufactura en EE.UU. y la búsqueda de contratos de defensa.
VisionWave Holdings (나스닥: VWAV)는 기업 결합을 통해 공개 시장에 데뷔했으며, 나스닥 글로벌 마켓에서 거래를 시작했습니다. 인공지능 기반 방위 기술에 중점을 둔 이 회사는 합병 후 기업 가치 1억 7,400만 달러와 약 1,430만 주의 발행 주식을 보유한 상태로 시장에 진입했습니다.
회사의 플랫폼은 실시간 적응형 AI와 고해상도 레이더, 다중 스펙트럼 센싱 기능을 통합하여 공중, 지상, 해상 영역에서 자율 작전을 지원합니다. VisionWave는 2024년부터 2028년까지 230억 달러 규모로 성장할 것으로 예상되는 방위 IT 시장을 목표로 하며, 미국 군사 AI 자금 160억 달러와 국방부/NNNSA 투자 14억 달러에 힘입어 성장할 전망입니다.
전략적 우선순위는 Vision-RF 시스템의 상용화, AI 역량 확장, 미국 내 제조 운영 구축, 방위 계약 확보를 포함합니다.
VisionWave Holdings (Nasdaq : VWAV) a fait ses débuts sur les marchés publics via une fusion d'entreprise, avec le début des échanges sur le Nasdaq Global Market. L'entreprise, spécialisée dans la technologie de défense alimentée par l'IA, entre sur le marché avec une valeur d'entreprise post-fusion de 174 millions de dollars et environ 14,3 millions d'actions en circulation.
La plateforme de l'entreprise intègre une IA adaptative en temps réel avec un radar haute résolution et des capacités de détection multispectrales pour des opérations autonomes dans les domaines aérien, terrestre et maritime. VisionWave cible un marché informatique de la défense en croissance, prévu pour s'étendre de 23 milliards de dollars entre 2024 et 2028, soutenu par 16 milliards de dollars de financement militaire américain pour l'IA et 1,4 milliard de dollars d'investissements du DoD/NNNSA.
Les priorités stratégiques comprennent la commercialisation des systèmes Vision-RF, l'expansion des capacités d'IA, l'établissement d'opérations de fabrication aux États-Unis et la recherche de contrats de défense.
VisionWave Holdings (Nasdaq: VWAV) hat seinen Börsengang durch eine Unternehmenszusammenführung vollzogen und den Handel am Nasdaq Global Market aufgenommen. Das Unternehmen, das sich auf KI-gestützte Verteidigungstechnologie konzentriert, tritt mit einem Unternehmenswert nach der Fusion von 174 Millionen US-Dollar und etwa 14,3 Millionen ausstehenden Aktien in den Markt ein.
Die Plattform des Unternehmens integriert adaptive Echtzeit-KI mit hochauflösendem Radar und multispektralen Sensorfähigkeiten für autonome Operationen in den Bereichen Luft, Land und See. VisionWave zielt auf einen wachsenden Verteidigungs-IT-Markt ab, der von 2024 bis 2028 voraussichtlich um 23 Milliarden US-Dollar wachsen wird, unterstützt durch 16 Milliarden US-Dollar US-Militärfinanzierung für KI und 1,4 Milliarden US-Dollar Investitionen des DoD/NNNSA.
Strategische Prioritäten umfassen die Kommerzialisierung der Vision-RF-Systeme, den Ausbau der KI-Fähigkeiten, die Einrichtung von Produktionsstätten in den USA und die Akquise von Verteidigungsverträgen.
- Entry into public markets provides access to growth capital and enhanced visibility
- Targeting expanding defense IT market worth $23 billion through 2028
- Secured partnerships with Tier-1 defense manufacturers and national security programs
- No PIPE or minimum cash condition required at closing, indicating deal strength
- Early-stage company facing established defense contractors
- Significant investment required for manufacturing and R&D expansion
- Success dependent on government contracts and funding approval
Insights
VisionWave's Nasdaq debut positions it to capitalize on growing defense AI spending with $174M valuation, though revenue metrics remain undisclosed.
VisionWave's public market debut represents a strategic move to capitalize on the accelerating defense technology spending cycle. The company enters the market with a post-merger enterprise value of approximately
The timing appears opportunistic given the projected
VisionWave's technology platform focuses on real-time AI systems that power radar, RF imaging, and multispectral sensing capabilities across multiple domains. Their strategic priorities include commercializing their Vision-RF systems, expanding R&D capabilities, establishing U.S. manufacturing operations, and pursuing defense contracts.
What's notably absent from this announcement are specific revenue figures, contract values, or pipeline metrics that would validate market traction. While the company mentions engagements with Tier-1 defense manufacturers and national security programs with "several pilots and technical evaluations underway," the lack of quantifiable business performance indicators suggests the company may be pre-revenue or early in its commercialization journey.
The structure of the business combination, with no PIPE (Private Investment in Public Equity) or minimum cash condition, further indicates this may be an early-stage play seeking public markets as a capital-raising strategy rather than a mature business ready for public scrutiny.
WEST HOLLYWOOD, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (“VisionWave” or the “Company”) (Nasdaq: VWAV), a next-generation defense technology company seeking to redefine battlefield superiority through AI-powered autonomy and advanced multi-domain sensing, today announced that its common stock and warrants began trading on the Nasdaq Global Market under the symbols “VWAV” and “VWAVW” on July 15, 2025, following the successful completion of its business combination.
Positioned for Market Disruption
VisionWave enters the public markets at a moment of increased demand for intelligent defense solutions. According to Technavio, a leading global technology research and advisory company, global defense-related IT spending is set to grow by over
Moreover, the U.S. government’s 2025 “Big Beautiful Bill” earmarks approximately
“VisionWave was founded to lead the next evolution of defense autonomy, scaling technologies that respond in real time and adapt in the field with the goal of outperforming legacy systems—saving lives and changing how wars are won,” said Noam Kenig, CEO of VisionWave.
VisionWave’s Battlefield-Ready Platform
At the heart of VisionWave’s offering is a real-time, adaptive AI core that powers high-resolution radar, low-SWaP RF imaging, and multispectral sensing. These proprietary systems enable autonomous operation across air, land, and sea that are designed to deliver actionable intelligence and mission-critical awareness in seconds, not minutes.
The platform is designed to replace legacy systems that are slow, siloed, and outdated, giving war fighters, border patrol, and homeland security forces a decisive edge in modern threat environments.
Strategic Focus and Expansion
VisionWave is already engaged with Tier-1 defense manufacturers and national security programs across the U.S. and allied nations, with several pilots and technical evaluations underway.
Near-term priorities include:
- Accelerating commercialization of Vision-RF, super-resolution radar, and AI sensing systems
- Investing in the Company’s proprietary AI core, the foundation of all products
- Establishing U.S. manufacturing operations and expanding R&D capabilities in Canada
- Fast-tracking co-development partnerships with leading defense integrators
- Pursuing active defense contracts with U.S. agencies and Golden Dome initiatives
These strategic moves are designed to rapidly scale operations, solidify VisionWave’s competitive edge, and generate long-term value for shareholders.
Douglas Davis, Executive Chairman of VisionWave, added:
“The Nasdaq listing is not just a milestone—it is a launchpad. We have built the tech, the team, and the partnerships. Now we are scaling to meet global demand for intelligent, mission-adaptive defense systems.”
Business Combination Highlights:
- Post-merger enterprise value of approximately
$174 million - Approximately 14.3 million shares of common stock outstanding
- No PIPE or minimum cash condition at closing
- Bannix Acquisition Corp. and VisionWave Technologies now wholly owned by VisionWave Holdings, Inc.
About VisionWave Holdings Inc.
VisionWave Holdings, Inc. is at the forefront of revolutionizing defense capabilities by integrating advanced artificial intelligence (AI) and autonomous solutions across air, ground, and sea domains. Its state-of-the-art innovations— ranging from high-resolution radars and advanced vision systems to radio frequency (RF) sensing technologies are seeking to redefine operational efficiency and precision for military and homeland security applications worldwide. From tactical ground vehicles to precision weapon control systems, VisionWave leads the development of reliable, high-performance technologies that transform defense strategies and deliver superior results, even in the most challenging environments. With headquarters in the U.S. and strategic partnerships in Canada and the United Arab Emigrants, VisionWave is uniquely positioned to serve global markets, offering cutting-edge defense solutions that address the evolving needs of security forces across the world.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the estimated implied enterprise value of the Combined Company, VisionWave Holdings’ ability to scale and grow its business, the advantages and expected growth of the Combined Company, the Combined Company’s ability to source and retain talent, and the cash position of the Combined Company following closing of the Business Combination, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of VisionWave Technologies’ management and are not predictions of actual performance.
These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although each of BNIX, VisionWave Technologies and VisionWave Holdings believes that it has a reasonable basis for each forward-looking statement contained in this press release, each of BNIX, VisionWave Technologies and VisionWave Holdings cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the definitive proxy statement/prospectus mailed to BNIX stockholders, and filed by the Combined Company with the SEC and other documents filed by the Combined Company or BNIX from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. BNIX, VisionWave Technologies and VisionWave Holdings cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, the ability to recognize the anticipated benefits of the Business Combination, costs related to the Business Combination, the risk that the Business Combination disrupts current plans and operations as a result of the announcement and consummation of the Business Combination, the outcome of any potential litigation, government or regulatory proceedings, and other risks and uncertainties, including those to be included under the heading “Risk Factors” in the definitive proxy statement/prospectus mailed to BNIX stockholders, and those included under the heading “Risk Factors” in the annual report on Form 10-K for the fiscal year ended December 31, 2024, of BNIX and in its subsequent quarterly reports on Form 10-Q and other filings with the SEC. There may be additional risks that BNIX, VisionWave Technologies and VisionWave Holdings presently do not know or that the parties currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of BNIX, VisionWave Technologies and VisionWave Holdings as of the date of this press release. Subsequent events and developments may cause those views to change. However, while BNIX, VisionWave Technologies and VisionWave Holdings may update these forward-looking statements in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of BNIX, VisionWave Technologies and VisionWave Holdings as of any date subsequent to the date of this press release. Except as may be required by law, BNIX, VisionWave Technologies and VisionWave Holdings do not undertake any duty to update these forward-looking statements.
More information about VisionWave can be found at https://vwav.inc
You can also follow us on social media at:
https://x.com/VWAVInc
Contact:
VisionWave Holdings Investor Relations
Douglas Davis, Executive Chairman of the Board
(302) 305-4790
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