AI Defense Stock VisionWave
Holdings Inc. (Nasdaq: $VWAV) Enters into $10 Million
Statement of Work for Development of qSpeed-Mine - Mining Acceleration Platform;
@VWAVInc
Transition
from acquisition thesis to paid, performance-gated commercial execution
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Investors following AI and defense
stocks, reports on trading and news for VisionWave
Holdings, Inc. (Nasdaq:
VWAV), focused on advanced sensing,
autonomy, and AI-driven systems for defense and security applications.
VisionWave Holdings, Inc. (Nasdaq:
VWAV) today announced the execution of a $10 million Statement of Work (SOW) with a third-party vendor to develop, validate, and
deploy a custom qSpeed-Mine™ cryptocurrency mining acceleration and
orchestration platform.
VisionWave views this SOW as the
beginning of QuantumSpeed™’s transition from acquisition thesis to paid, performance-gated
commercial execution. The SOW is structured as a fixed-fee, milestone-based
program with objective acceptance criteria and payments tied directly to
verified technical delivery and operational performance.
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Commercial Structure, Timeline,
and Milestone-Based Payments
The SOW spans an expected program
duration of approximately 32 weeks, progressing from initial platform
validation through proof-of-concept (“POC”) and into full-scale deployment.
Key commercial milestones include:
- $350,000 paid upon contract execution
- Approximately $1.0 million earned through completion
and acceptance of the POC milestone
- Approximately $6.0 million earned across successive intermediate
milestones, including scaled deployment and operational validation
- Approximately $3.0 million payable upon final delivery
and full program acceptance
If milestone execution proceeds as
planned, the SOW is structured to generate not less than the full $10 million
in revenue during calendar year 2026, subject to milestone completion and
acceptance of which there is no guarantee.
Revenue is expected to be recognized
in accordance with milestone achievement and acceptance under the contract
terms.
The Moment the Story Ends and
the Business Begins
QuantumSpeed™ was acquired with the
goal of unlocking meaningful performance and efficiency gains in
compute-intensive, deterministic environments where latency, energy
consumption, and operational stability directly determine economics.
The executed SOW seeks to launch
qSpeed-Mine™, a production-scale deployment of the QuantumSpeed™ platform
across a distributed environment of up to 1,000 nodes, governed by
reproducible benchmarks, KPI-driven acceptance gates, and staged operational
rollouts.
Accelerating Existing
Infrastructure — Driving Down Unit Cost
A core objective of the engagement is
to enable existing mining infrastructure to operate at materially higher
effective performance through advanced scheduling, orchestration, latency
reduction, and efficiency optimization — rather than requiring wholesale
hardware replacement.
By increasing effective throughput and
reducing non-productive overhead, the platform is designed to substantially
reduce the cost of mining per unit of output, improving overall economic
efficiency while preserving hardware stability and operational safety.
“This is about extracting materially
more value from the infrastructure that already exists,” said Dr. Danny
Rittman, Chief Technology Officer of VisionWave. “The goal of QuantumSpeed™ is
to improve system-level efficiency by optimizing how work is coordinated and
executed at scale, which directly impacts unit economics without changing
cryptographic assumptions.”
“Scale is where inefficiencies hide,”
added Dr. Rittman. “QuantumSpeed™ was built to expose and eliminate them.”
The CEO Statement
“Let’s be absolutely
clear,” said Douglas Davis, Interim Chief Executive Officer of VisionWave. “In
the context of acquisitions, announcements and whitepapers, what really matter
is whether real money is paid, under milestone conditions, with no obligation
to continue if the technology fails. We were paid at signing. The SOW provides
that we get paid through POC and as the platform scales. And we get paid in
full only if delivery is complete. It is
our goal to show that through our planned execution of the SOW that the speculation phase cycle around QuantumSpeed™
will end.”
From Inflection Point to Scale
VisionWave intends to use this
engagement as the first commercial anchor for broader QuantumSpeed™ sales
efforts across additional compute-intensive markets; our goal is to deliver advanced computing acceleration
technology applicable across not only our own VisionWave Spectrum™ AI-based UxV
management systems, but also a wide variety of domains, including other
real-time systems, AI/ML, defense, and large-scale infrastructure optimization.
“This is not the finish line,” concluded Mr.
Davis. “We intend to continue to build on the momentum created by the signing
of this SOW.”
About VisionWave Holdings, Inc.
VisionWave Holdings, Inc. (Nasdaq: VWAV) is a dual-market autonomous
systems platform company developing AI-driven, RF-based sensing, autonomy, and
computational acceleration technologies for defense, homeland security, and
commercial infrastructure applications. VisionWave’s mission is to connect
defense innovation with civilian progress through shared core technologies
deployed across air, land, and sea.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements include, but are not
limited to, statements regarding expected program timelines; milestone
execution; anticipated revenue recognition; expected performance,
cost-efficiency, scalability, and commercialization of VisionWave’s
QuantumSpeed™ platform; and potential expansion into additional markets and use
cases.
Forward-looking statements are based
on management’s current expectations and assumptions and are subject to risks
and uncertainties that could cause actual results to differ materially,
including but not limited to: successful execution and acceptance of
contractual milestones; realized technical performance outcomes; operational
and integration challenges; changes in customer requirements; market and
regulatory conditions; and other risks described from time to time in
VisionWave’s filings with the Securities and Exchange Commission.
VisionWave undertakes no obligation to
update or revise any forward-looking statements, except as required by law.
Contacts:
VWAV - Investor Contact:
Website:
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