Company Overview: VisionWave Holdings, Inc.

Business Focus

Industry: Defense and homeland security technology
Core Technologies:
- Advanced artificial intelligence (AI) and autonomous systems
- High-resolution radars
- Vision systems (bio-inspired, neuromorphic vision)
- Radio frequency (RF) sensing innovations
- Unmanned aerial systems (UAS)
- Unmanned ground vehicles (UGVs)
- Remote weapon stations (RWS)
- Active protection systems (APS)
Proprietary AI Engine:
- U.S. trademark pending
- Edge-based, split-second decision-making
- Sensor fusion, perception, predictive control
- Serves as core autonomy layer across sensors and platforms

Number of Employees (as of September 30, 2025):
- 12 employees and consultants
- 70% are in technical R&D roles
Customer Base & Revenue:
- 100% of revenue in 2025 from U.S.-based pilot orders
- No single customer exceeds 50%
- Serves U.S. government agencies (e.g., U.S. Army), NATO, Israel, India
- International markets include Middle East, Asia-Pacific
- Revenue includes product sales, technology licensing, pilot projects, and strategic alliances
Number of Shareholders:
- Approximately 207 stockholders of record as of December 29, 2025
- Total shares outstanding: 16,516,603 as of December 29, 2025

Revenue & Income:
- Exact revenue figure not explicitly provided
- Net loss: $6,548,095
Expenses:
- Operating expenses (general & administrative, R&D, sales & marketing) totaled over $7.2 million
- Significant increases in professional services, R&D, and marketing
Liquidity:
- Cash balance: $2,284,933 as of September 30, 2025
- Working capital deficit: $11,795,728
- Losses: $15,108,906 accumulated deficit as of September 30, 2025
Funding & Capital:
- Raised $23,846 in proceeds from the reverse acquisition
- $308,000 from securities purchase agreement (SPAs)
- $5 million from convertible promissory notes under the Standby Equity Purchase Agreement (SEPA)
- Additional financing efforts ongoing with a focus on equity, debt, and strategic partnerships

Multiple prototype and testing phases across nine product lines
Key products in various stages:
- Autonomous detection & neutralization of aerial threats (C-UAS)
- Multi-purpose autonomous UAS
- Vision-AI imaging systems
- RF imaging systems
- High-resolution radar systems
- Remote weapon stations
- Unmanned ground vehicles
- Active protection systems
Several products are “ready for deployment,” ongoing pilot tests, demonstrations, and field trials
Significant product validation, including live-fire demonstrations and international military trials

Business combination with Bannix Acquisition Corp. (completed July 14, 2025) leading to public Nasdaq listing
Strategic partnerships including joint ventures, MoUs with VEDA Aeronautics (India), and defense technology collaborations
Patent portfolio includes 6 granted patents and 1 pending patent (focused on RF imaging and autonomous systems)
Licensing of proprietary AI and sensor fusion technologies to defense contractors and government agencies

Focused on defense & homeland security segments with military, border security, industrial surveillance
Industry trends include increased adoption of uncrewed systems, AI-enabled autonomous platforms
Global markets with emphasis on high-growth regions like India and the Middle East

Transitioned to a public company
Launched Nasdaq trading under symbols VWAV (stock) and VWAVW (warrants)
Secured multi-million dollar financing, including a $50 million SEPA agreement
Formed joint ventures, signed MoUs, and acquired RWS integration capabilities
Conducted pilot testing and demonstrated products in specialized environments, including Abu Dhabi and Israeli border security

Company Size: 12 employees
Main Markets: U.S., Israel, India, Middle East, Asia-Pacific
Financials: Significant net loss, moderate cash holdings, ongoing capital raising efforts
Technology: Proprietary AI, advanced sensing, and autonomous systems designed for defense applications, with multiple products at or nearing deployment readiness.