VisionWave Assembles Full Multidisciplinary Due-Diligence Team for Solar Drone Acquisition; Enters Final Due Diligence for Proposed Solar Drone Acquisition; Intends to Explore Vision-RF Integration if Deal Closes

Core Insights - VisionWave Holdings, Inc. has completed assembling a full due-diligence team for the proposed acquisition of Solar Drone Ltd., a subsidiary of BladeRanger Ltd. [1][2] - The due-diligence team consists of legal, technical, regulatory, financial, strategic, and advisory professionals working both on-site in Israel and remotely from the U.S. [2][5] - The acquisition aims to integrate VisionWave's Vision-RF sensing and autonomy technologies into Solar Drone's platform, enhancing capabilities for homeland security and emergency response [3][6] Due Diligence Process - VisionWave is conducting a comprehensive review of the proposed acquisition, ensuring full validation before finalizing the Share Purchase Agreement [4][7] - The due diligence includes technology verification, IP ownership, integration feasibility, manufacturing pathways, operational scalability, and compliance with regulatory considerations [7][8] Professional Advisors - VisionWave has engaged multiple advisors, including Fleming PLLC as U.S. securities and transaction counsel, an Israeli legal counsel, and a financial and tax due-diligence advisor [8][10] Leadership Commentary - Douglas Davis, Executive Chairman, emphasized the world-class nature of the due-diligence team and the transformative potential of integrating Vision-RF into Solar Drone [10] - Ambassador (Ret.) Ned L. Siegel highlighted the meaningful possibilities for homeland security and emergency response missions through the application of Vision-RF technology [10] Next Steps - The transaction is subject to due diligence, negotiation, execution of definitive agreements, regulatory approvals, and customary closing conditions [11]