WEST HOLLYWOOD, Calif. and TEL AVIV, Israel, Dec. 18, 2025 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) ("VisionWave" or the "Company"), a multi-domain technology company building next-generation autonomous robotics, RF imaging, and AI-driven sensing, today announced the completion of its acquisition of Solar Drone Ltd., adding a field-proven, AI-powered autonomous aerial platform designed for persistent operations across defense, security, and energy infrastructure.
The transaction closed on December 15, 2025, pursuant to the previously disclosed Share Purchase Agreement with BladeRanger Ltd. (TASE: BLRN), with details reported in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on December 17, 2025.
A Strategic Platform Expansion
The acquisition of Solar Drone strengthens VisionWave's autonomous mission systems and energy-infrastructure automation capabilities, adding a field-proven robotic platform for persistent, large-area operations with minimal human intervention.
With Solar Drone, VisionWave extends its technology stack across multiple verticals:
- Defense & Security - Autonomous aerial capabilities designed for perimeter security, base protection, and operations in GPS-challenged or high-risk environments, with a pathway for potential integration into VisionWave's RF-imaging and AI-driven perception architecture.
- Energy & Industrial Automation - A strategic entry into the global solar operations and maintenance market through autonomous inspection and cleaning robotics for utility-scale solar assets, which may support improved efficiency, safety, and asset performance.
- Multi-Domain Autonomy - A complementary aerial platform that supports VisionWave's broader autonomy roadmap, extending its capabilities across ground, aerial, and sensor-fusion systems.
Transaction Overview
Under the terms of the transaction, VisionWave acquired 100% of the issued and outstanding shares of Solar Drone Ltd. in exchange for:
- 1,500,000 shares of VisionWave common stock, and
- 300,000 pre-funded common stock purchase warrants, exercisable at a nominal price of $0.01 per share.
The transaction includes a value-protection mechanism designed to ensure total consideration of $21.6 million, subject to the terms and conditions set forth in the definitive agreements.
The securities were issued in a private placement exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, and Regulation D promulgated thereunder.
Leadership Commentary
Douglas Davis, Executive Chairman of VisionWave, commented:
"The completion of the Solar Drone acquisition marks an important inflection point for VisionWave. This is not a standalone asset, but a platform capability that strengthens our autonomous robotics roadmap across defense, security, and critical infrastructure. We believe Solar Drone may accelerate our ability to deploy intelligent, mission-ready systems at scale."
Path Forward
With the acquisition completed, VisionWave will now focus on:
- Integrating Solar Drone's autonomy stack into VisionWave's AI-driven sensing and control architecture;
- Advancing commercial engagement with potential defense, security, and energy-infrastructure customers in Europe, the United States, and other strategic markets; and
- Continuing its acquisition-led growth strategy, selectively pursuing synergistic technologies that expand VisionWave's multi-domain autonomy platform.
VisionWave expects to file the required historical financial statements of Solar Drone Ltd. and related pro forma financial information within the applicable SEC timeframe.
About Solar Drone Ltd.
Solar Drone, now a wholly owned subsidiary of the Company, designs and deploys autonomous robotic systems for large-scale industrial and renewable energy applications, combining AI-driven autonomy, mission automation, and energy-efficient aerial platforms to deliver persistent, scalable performance in real-world environments.
About VisionWave Holdings, Inc. (Nasdaq: VWAV)
VisionWave is a technology company focused on autonomous robotics, RF imaging, AI-powered sensing, and mission-critical automation for defense, energy, and industrial markets. The Company is building a multi-domain autonomy platform designed to operate across air, ground, and sensor-fusion environments.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements. These statements include, but are not limited to, statements regarding expected benefits of the acquisition, integration plans, anticipated market opportunities, potential customer engagement, expected commercial advancements, and future performance. Forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements, including but not limited to integration challenges, competition, technological changes, market conditions, regulatory developments and the risks identified in the section entitled "Risk Factors" in and other factors described in VisionWave's filings with the SEC, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The forward-looking statements in this press release speak only as of the date of this press release. Except as required by law, VisionWave undertakes no obligation to update these any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Contact:
investors@vwav.inc
Website: https://www.vwav.inc
