AI Defense Stock VisionWave (NASDAQ: VWAV) Reports Successful Pilot with U.S. Tier-1 Defense Company

Pilot Advancing Collaboration on Unmanned, Sensing, and APS Solutions
WEST HOLLYWOOD, Calif., October 2, 2025 – ( Investorideas.com Newswire) Breaking Defense stock news- VisionWave Holdings, Inc. (Nasdaq: VWAV) today announced it has completed another successful pilot - this time with a U.S. tier-1 defense company and has received payment for the customer's purchase of evaluation samples from the pilot. The engagement focused on unmanned use cases, high-fidelity sensing, and Active Protection System (APS) solutions, and follows VisionWave's recently completed five-day live-fire campaign in the UAE with a government-owned defense partner.
News summary:
VisionWave Holdings, Inc. (Nasdaq: VWAV) announced the successful completion of a pilot program with a U.S. tier-1 defense company, focusing on unmanned systems, high-fidelity sensing, and Active Protection System (APS) solutions, followed by the customer’s purchase of evaluation samples. This achievement, building on a recent UAE live-fire campaign with a government partner, signals growing interest in VisionWave’s capabilities, with CEO Noam Kenig highlighting ongoing integration and co-development efforts as a strong endorsement. The company is now exploring further technical collaborations and non-recurring engineering (NRE) opportunities, though future agreements remain subject to approval.
"This additional successful pilot may indicate potential interest in VisionWave's capabilities," said Noam Kenig, Chief Executive Officer of VisionWave. "Our teams are already working with the customer's engineering group on system integration and combined development aligned to target platforms and mission profiles. We view this as a strong vote of confidence from a major defense company in our solutions and engineering capabilities, and further evidence of growing interest in our approach."
Business highlights
Validation through repeat engagement: Another successful pilot indicates sustained market interest and a potential path to continued collaboration with large defense companies.
Post-pilot purchase: The customer's purchase of evaluation sample units following the pilot is believed to signal confidence in the solution and the pilot's success.
Deeper technical engagement: Joint working sessions are underway to define interfaces and packaging aligned with the customer's solutions and architecture.
Engineering collaboration: Cross-functional teams are co-developing system integration plans to combine VisionWave technology into the defense partner's platforms.
NRE pathway: As integration milestones are reached, it is the intent to define non-recurring engineering (NRE) to complete platform-specific integration and maturation activities.
Next steps
VisionWave and the customer intend to evaluate (i) targeted integration work packages, (ii) NRE-based customization aligned to platform needs, and (iii) potential program pursuits where the combined solution could be applicable - each subject to definitive agreements and approvals of which there is no guarantee.

About VisionWave Holdings, Inc.
VisionWave Holdings Inc. (Nasdaq: VWAV) is a U.S.-based defense technology company advancing next-generation battlefield capabilities through AI-powered sensing platforms and autonomous defense systems. Leveraging proprietary super-resolution radar, multispectral, and radio-frequency imaging technologies, VisionWave provides real-time threat detection and decision-support capabilities across air, land, and sea domains. The Company is incorporated in Wilmington, Delaware, with its operational headquarters in West Hollywood, California, and maintains advanced research and development operations in Canada.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the estimated implied enterprise value of the Combined Company, VisionWave Holdings' ability to scale and grow its business, the advantages and expected growth of the Combined Company, the Combined Company's ability to source and retain talent, and the cash position of the Combined Company following closing of the Business Combination, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of VisionWave Technologies' management and are not predictions of actual performance.
These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although each of BNIX, VisionWave Technologies and VisionWave Holdings believes that it has a reasonable basis for each forward-looking statement contained in this press release, each of BNIX, VisionWave Technologies and VisionWave Holdings cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the definitive proxy statement/prospectus mailed to BNIX stockholders, and filed by the Combined Company with the SEC and other documents filed by the Combined Company or BNIX from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. BNIX, VisionWave Technologies and VisionWave Holdings cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, the ability to recognize the anticipated benefits of the Business Combination, costs related to the Business Combination, the risk that the Business Combination disrupts current plans and operations as a result of the announcement and consummation of the Business Combination, the outcome of any potential litigation, government or regulatory proceedings, and other risks and uncertainties, including those to be included under the heading "Risk Factors" in the definitive proxy statement/prospectus mailed to BNIX stockholders, and those included under the heading "Risk Factors" in the annual report on Form 10-K for the fiscal year ended December 31, 2024, of BNIX and in its subsequent quarterly reports on Form 10-Q and other filings with the SEC. There may be additional risks that BNIX, VisionWave Technologies and VisionWave Holdings presently do not know or that the parties currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of BNIX, VisionWave Technologies and VisionWave Holdings as of the date of this press release. Subsequent events and developments may cause those views to change. However, while BNIX, VisionWave Technologies and VisionWave Holdings may update these forward-looking statements in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of BNIX, VisionWave Technologies and VisionWave Holdings as of any date subsequent to the date of this press release. Except as may be required by law, BNIX, VisionWave Technologies and VisionWave Holdings do not undertake any duty to update these forward-looking statements.
For more information, visit: https://www.vwav.inc
Investor Contact:investors@vwav.inc
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