Core Points - VisionWave Holdings, Inc. has signed a Memorandum of Understanding (MOU) with a major India-based defense company to collaborate on modernization programs for the Indian Ministry of Defence (MoD) [2] - The MOU establishes a framework for technical proposals, simulations, and demonstrations of VisionWave's Active Protection System (APS) and other sensing technologies [2][4] - The collaboration includes potential evaluations and trials for various defense systems, including counter-UAS systems, tactical drones, and radar technologies [4][8] Program Scope - The MOU allows for exploration of multiple MoD programs, including the Make-2 Drone Kill System, ALTV (New Generation Light Tank Program), FRCV (Future Ready Combat Vehicle), and T-72/T-90 Retrofit Program [4][8] - Demonstrations requested by the Indian partner will be conducted in India at the partner's expense, reflecting their confidence in VisionWave's capabilities [5][8] Management Commentary - The CEO of VisionWave stated that the agreement transitions the company from dialogue to execution, emphasizing the strategic importance of the Indian market for defense-grade edge AI [7] - The company anticipates scheduling field testing of its APS in India, subject to regulatory clearances [7] Additional Collaboration - The parties are advancing additional confidential defense-technology tracks and discussing a potential initial purchase order for VisionWave systems, subject to formal evaluations and regulatory clearances [6][9] - Future public statements will be issued with mutual consent, and updates will be provided as material milestones are achieved [9]