AI
Defense Stock VisionWave Holdings Inc. (Nasdaq: $VWAV) Solar Drone Subsidiary Reports Meetings in Italy and
Business Development Discussions in Select Middle Eastern Markets; @VWAVInc
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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.
Solar Drone, a wholly owned subsidiary of VisionWave Holdings,
Inc. (NASDAQ: VWAV) and a provider of drone-based cleaning and maintenance
solutions for solar power plants and high-voltage infrastructure, announced
today that it is continuing business development discussions regarding possible
opportunities in Middle Eastern markets, including Egypt and the United Arab
Emirates, following a series of executive meetings held last week in Naples,
Italy.
The meetings were led by Solar Drone’s CEO, CTO, and COO, who met
with leading prospective customers and partners from Egypt and the Emirates.
These discussions followed successful live demonstrations in Italy, where Solar
Drone’s drone-based cleaning operations are already deployed in active
commercial environments.
During the demonstrations, the company showcased its patented
high-pressure drone payload system, which enables fast, safe, and
water-efficient cleaning of solar panels and electrical insulators without
ground access, line shutdowns, or hazardous manual labor. Solar Drone’s
technology is currently operating across multiple sites in Italy and continues
to expand as demand grows.
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“The Middle East represents an area of interest for the Company
due to the growth in utility-scale solar and energy infrastructure. The recent
meetings allowed for preliminary discussions with prospective customers and
partners regarding possible pilot programs and other opportunities,” said
Shmulik Yannay of Solar Drone.”
As utility-scale solar power expands, maintaining performance and
grid reliability has become a priority for asset owners and utilities across
the region.
Solar Drone’s aerial platform allows operators to maintain solar
and high-voltage assets efficiently and safely, even in large or hard-to-reach
installations. It is already in commercial use, delivering measurable results
across multiple active sites.
Building on this momentum, Solar Drone is engaging with utilities,
solar asset owners, and industrial partners to explore potential pilot
programs, partnerships, and other initiatives in Egypt, the United Arab
Emirates, and certain other markets.
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. These forward-looking statements include, but
are not limited to, statements regarding business development efforts, possible
expansion of the Company’s footprint in certain international markets, and the
anticipated benefits of relationships with regional stakeholders.
Forward-looking statements are based on current expectations and assumptions
that are subject to known and unknown risks, uncertainties, and other factors
that could cause actual results to differ materially from those expressed or
implied by such statements. These factors include, but are not limited to,
risks related to technology development and adoption, market demand and
competition, regulatory changes, geopolitical developments in the Middle East
and elsewhere, execution of business development initiatives (including the risk that discussions may not result
in any agreements, pilots, or deployments), the Company’s limited operating
history in certain commercial applications, dependence on key personnel, need
for additional capital, and and the risks identified in the section entitled “Risk Factors” in
VisionWave Holdings, Inc.’s filings with the SEC, including its most recent
Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q (which include, among other risks, those related to
early-stage operations, competition in the drone and autonomy sectors,
intellectual property, and international expansion challenges). The forward-looking statements in
this press release speak only as of the date hereof. Except as required by law,
VisionWave Holdings, Inc. undertakes no obligation to update 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.
Contacts:
VWAV - Investor Contact:
Website:
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