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The deal is worth up to $55 million.
VisionWave Holdings, Inc. (XNAS: VWAV) announced a strategic funding deal worth up to $55 million to scale its AI defense solutions. The agreement includes an initial funding of $50 million, with an additional $5 million available based on performance milestones.
The company plans to use the funds to enhance its AI capabilities and expand its market presence in the aerospace and defense sector. VisionWave Holdings currently has a free float of 1,014,200 shares.
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