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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
Globenewswire· 2025-11-20 13:30
WEST HOLLYWOOD, Calif. and RAMAT EFAL, Israel, Nov. 20, 2025 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) (“VisionWave” or the “Company”) announced today that it has completed assembling its full due-diligence team for the proposed acquisition of Solar Drone Ltd., a wholly-owned subsidiary of BladeRanger Ltd. (TASE: BLRN), as previously disclosed in the Company’s LOI and Form 8-K filings. The Company has mobilized a combined force of legal, technical, regulatory, financial, strategic, and ad ...
Nokia and NestAI announce strategic partnership and NestAI raises €100m to accelerate physical AI innovation
Globenewswire· 2025-11-20 10:00
Core Insights - Nokia and NestAI have formed a strategic partnership to enhance AI-powered defense solutions, with a combined investment of €100 million from Nokia and Tesi [1][8] - The partnership aims to innovate AI-native solutions for defense by leveraging Nokia's secure connectivity and NestAI's expertise in unmanned systems and command-and-control platforms [3][4] - NestAI is recognized as a rapidly growing physical AI lab in Europe, focusing on mission-critical applications across various domains including logistics, security, and defense [9] Group 1: Partnership and Investment - The strategic partnership between Nokia and NestAI is designed to accelerate the development of AI capabilities in unmanned systems and data-centric command-and-control systems [3][4] - Tesi's investment in NestAI reflects a commitment to support Finnish companies with significant potential in strategically important sectors [6] Group 2: Technological Focus - The collaboration will combine Nokia's expertise in secure, AI-native connectivity with NestAI's platforms to enhance operational effectiveness in defense [4][7] - NestAI's focus on open, modular, and interoperable platforms aims to build resilient AI technologies for real-world applications [9] Group 3: Industry Context - Connectivity is increasingly viewed as a strategic asset in defense, enabling faster and more informed decision-making through AI-driven technologies [2] - The partnership aligns with the broader goal of strengthening Europe's security and technological leadership in defense and critical infrastructure [5]
What Are Wall Street Analysts' Target Price for L3Harris Technologies Stock?
Yahoo Finance· 2025-11-19 13:44
With a market cap of $53.4 billion, L3Harris Technologies, Inc. (LHX) is a leading global provider of mission-critical solutions for government and commercial customers, operating across four segments: Space & Airborne Systems, Integrated Mission Systems, Communication Systems, and Aerojet Rocketdyne. The company delivers advanced technologies ranging from satellite payloads and ISR systems to tactical radios and space propulsion. Shares of the Melbourne, Florida-based company have outpaced the broader ma ...
X @Bloomberg
Bloomberg· 2025-11-18 23:57
DroneShield shares plummeted after its US chief resigned, marking the latest challenge for the Australian defense technology firm that’s been trying to win over institutional investors https://t.co/hqi93XA3Vd ...
VisionWave Expands IP Portfolio and Files Patent for WaveStrike — RF Computer-Vision Fire-Control Built for Real-World Combat Environments
Globenewswire· 2025-11-17 13:30
Extends Vision-RF sensing technology into soldier- and vehicle-level fire-control that performs day or night, in all weather, and through obscurants — without exposing the operatorWEST HOLLYWOOD, Calif., Nov. 17, 2025 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) (“VisionWave” or the “Company”) today announced the filing of U.S. Provisional Patent Application No. 63/892,721, titled “AI-Assisted Multi-Modal RF Fire-Control System for All-Domain Target Engagement.” The new application expands V ...
Bone AI raises $12M to challenge Asia’s defense giants with AI-powered robotics
Yahoo Finance· 2025-11-17 13:00
South Korea’s major defense giants have amassed roughly $69 billion in order backlogs as of late 2024, according to media reports. Seoul is also accelerating investment in advanced weapons systems and expanding its defense ties, particularly with Europe. With the new EU–South Korea Security and Defence Partnership in 2024 and growing exports of vehicles and artillery, the country has become the second-largest arms supplier to European NATO members. Yet despite that enormous industrial footprint, remarkab ...
X @Bloomberg
Bloomberg· 2025-11-17 08:06
Geopolitical Landscape - The era of American unipolarity has ended [1] - Global power dynamics are shifting [1] Technological Advancement - Defense technology is evolving at an unprecedented rate [1] - AI is reshaping every domain [1] Company Focus - Palantir's UK head, Louis Mosley, discusses these changes [1]
AI and Warfare: Palantir's UK Head Mosley on the New Era of Defense Technology
Youtube· 2025-11-17 06:23
Geopolitical and Technological Shifts - The world is experiencing a fundamental geopolitical shift with the end of American unipolarity, as adversaries like China emerge as near-peer competitors [1][2] - Concurrently, a revolution in artificial intelligence technology is anticipated to transform various aspects of life, including defense and military applications [2][3] Impact of AI on Defense - The changes brought by AI are expected to unfold over a short period, potentially within 5 to 10 years, comparable in scale to the industrial revolution [3] - The future of defense software will likely involve significant automation, raising questions about the necessity of human oversight in military processes [4][5] Investment and Growth Opportunities - The UK is positioned as a key player in defense technology development, boasting high-quality engineering talent essential for software development [6][7] - The company has already established a significant presence in London, with plans to expand its workforce significantly over the next five years, recognizing the UK's role as a premier military power in Europe [7][8]
Cyberlux Corporation Announces Operational Progress and Strategic Milestones in Q3 2025
Accessnewswire· 2025-11-15 00:40
Core Insights - Cyberlux Corporation announced operational achievements and strategic advancements for Q3 2025, marking a consolidation period for the company [1] - The quarter was highlighted by the post-contract deployment of a significant completed U.S. Government contract [1] - The company accelerated development across its NDAA-compliant UAS portfolio, focusing on manufacturing readiness [1] - Strategic partnerships were initiated to enhance Cyberlux's technological edge and global competitiveness [1]
SAIC Announces Organizational Changes Intended to Simplify Structure, Sharpen Focus and Deliver Sustainable Long-Term Growth and Shareholder Value Creation
Globenewswire· 2025-11-13 21:15
Core Insights - Science Applications International Corporation (SAIC) announced a strategic organizational restructuring aimed at enhancing growth opportunities and shareholder value creation while maintaining focus on operational results [2][5]. Business Group Consolidation - Effective January 31, 2026, SAIC will consolidate its five current business groups into three: the Army and Navy business groups will merge into the Army Navy Business Group (ANG), and the Air Force & Combatant Commands along with the Space and Intelligence business groups will form the Air Force, Space and Intelligence Business Group (AFSI) [3][10]. - The Civilian Business Group will remain unchanged [3][10]. Leadership Changes - The newly consolidated business groups will be led by existing SAIC executive vice presidents: Barbara Supplee for ANG, Vinnie DiFronzo for AFSI, and Srini Attili for the Civilian Business Group [5]. - Key executives Josh Jackson, David Ray, and Chief Innovation Officer Lauren Knausenberger will depart the company to pursue other opportunities [5][6]. Organizational Realignment - The Chief Innovation Office will be restructured to align more closely with the new business groups and the markets served [4]. - The restructuring is intended to optimize operations for speed, flexibility, and efficiency, thereby enhancing customer service and accelerating growth [5]. Company Overview - SAIC is a Fortune 500 mission integrator focused on technology and innovation across defense, space, civilian, and intelligence markets, with annual revenues of approximately $7.5 billion and a workforce of around 24,000 [7][8].