VisionWave Holdings Inc. Advances Solar Drone Acquisition
VisionWave Holdings Inc. (Nasdaq: VWAV) announced that it has completed assembling a multidisciplinary due‑diligence team to evaluate the proposed acquisition of Solar Drone Ltd., a wholly‑owned subsidiary of BladeRanger Ltd. (TASE: BLRN). The move follows the company’s earlier disclosure of a letter of intent and Form 8‑K filings.
Formation of the Due‑Diligence Team
The company has mobilised legal, technical, regulatory, financial, strategic and advisory experts. These professionals are operating both on‑site in Israel and remotely from the United States. Their objective is to progress the transaction toward a definitive agreement as swiftly as possible.
Strategic Intent
If the deal closes, VisionWave plans to explore integration of its Vision‑RF sensing and autonomy technologies into Solar Drone’s platform. The company aims to enhance drone capabilities for homeland‑security, emergency‑response and critical‑infrastructure protection missions. This initiative is part of VisionWave’s broader strategy to expand its Vision‑RF ecosystem, which was recently illustrated by a provisional patent application for WaveStrike.
Market Context
- Closing price (20 Nov 2025): $9.93
- 52‑week high (24 Jun 2025): $15.00
- 52‑week low (24 Jul 2025): $2.061
- Market cap: $157.6 million
- P/E ratio: –18.086
The acquisition is expected to strengthen VisionWave’s position within the industrials sector by adding a complementary product line and expanding its technology portfolio.
