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]

Core Viewpoint - 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) [1] Group 1: MOU Details - The MOU establishes a framework for technical proposals, simulations, and on-site demonstrations of VisionWave's sensing technologies and Active Protection System (APS) [1] - The collaboration includes subsystems such as counter-UAS systems, tactical drones, radar and fire-control technologies, sensor fusion, and unmanned platforms for defense and homeland security [3] - Demonstrations requested by the Indian partner will be conducted in India at the partner's expense, reflecting the partner's confidence in VisionWave's role [4] Group 2: Future Collaboration - The parties are advancing additional confidential defense-technology tracks and discussing a potential initial purchase order for select VisionWave systems, subject to formal invitations and evaluations [5] - Planned evaluations in India may commence on a rolling basis under applicable MoD processes for APS and related technologies, subject to official invitations and clearances [7] - The MOU includes provisions for confidentiality and communication, with any future public statements requiring mutual consent [8] Group 3: Management Commentary - The CEO of VisionWave stated that this agreement transitions the company from dialogue to execution, anticipating field testing of their APS against local requirements [6] - The Indian partner expressed a focus on mission-relevant performance and rapid iteration, with paths to localized production where appropriate [6] Group 4: Program Scope and Costs - The collaboration may involve 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 [7] - Costs for demonstrations will be borne by the Indian partner and will proceed only with prior written consent and under security protocols [7] Group 5: Company Overview - VisionWave Holdings, Inc. develops next-generation intelligent defense systems that integrate advanced AI with autonomous platforms and multi-modal sensing across air, ground, and sea [9] - The company's Evolved Intelligence™ engine is designed for real-time, on-device perception and control in contested environments [9]