Core Viewpoint - VisionWave Technologies Inc. has initiated research and development on Argus, an AI-driven counter-drone system designed to detect and neutralize unmanned aircraft threats, in collaboration with BladeRanger [1][3]. Group 1: System Overview - Argus is named after a multi-eyed guardian from Greek mythology, symbolizing continuous vigilance and is designed to operate as a global counter-drone kill chain utilizing space-based technology [2]. - The system architecture has been completed, and a patent application for its core innovations is expected to be filed soon [2]. - Argus aims to provide nations with a theater-scale shield capable of detecting and classifying hostile drones from space and coordinating real-time responses [3]. Group 2: Technical Features - The system will utilize satellites equipped with electro-optical/infrared (EO/IR) and optional synthetic aperture radar/radio frequency (SAR/RF) payloads for continuous monitoring of critical areas [3]. - AI-driven object-recognition technology will identify drone structural features and classify them based on flight behavior, generating real-time threat assessments [4]. - Argus will employ an AI-controlled high-frequency (HF) communication backbone to maintain connectivity even in jamming scenarios, ensuring reliable communication between various components [5]. Group 3: Security and Engagement - A dedicated security layer will use asynchronous encryption to protect GPS and command-and-control links, enhancing resistance to jamming and spoofing attacks [6]. - The engagement layer will feature a variety of interceptors and effectors, including drones and ground-based systems, to provide tailored responses to different threats [7]. Group 4: Market Positioning - VisionWave aims to capture a significant share of the global counter-drone market by offering a comprehensive solution that integrates space-based early warning and advanced recognition technologies [8]. - The company emphasizes that most current counter-drone solutions are localized, while Argus is designed as a wide-area, multi-domain system [9]. - Argus will leverage existing technologies from VisionWave to expedite its development timeline, moving from architecture to prototyping and field demonstrations [9].

Financial Performance - Ondas reported revenue of $10.1 million in Q3 2025, a 582% increase compared to $1.48 million in Q3 2024[16, 26] - The company's consolidated backlog reached $23.3 million in Q3 2025, up from $10.0 million at the beginning of 2025[16] - Ondas is increasing its revenue target to at least $36 million for 2025 and establishing a revenue target of at least $110 million for 2026[16] - The company's cash and restricted cash balance was $433.4 million as of September 30, 2025[31, 32] Strategic Initiatives - Ondas Capital aims to deploy $150 million to scale unmanned and dual-use technologies from Ukraine and allied nations[20] - Ondas Networks is targeting dot16 with multiple Railroad networks and applications, with dot16 selected as the private network roadmap platform for all AAR-owned frequencies[16] - Ondas Autonomous Systems (OAS) backlog has grown to $22.2 million at Q3 2025, and $40.4 million including closed/pending acquisitions in Q4 2025[44] Outlook and Growth - The company expects approximately $50 million in calendar 2025 revenue from strategic acquisitions announced since August 2025, with these companies expected to grow at 30-50% or better in 2026[80] - The global C-UAS market is projected to reach $10.5 billion by 2030[76]