Core Insights - VisionWave Holdings, Inc. has announced a significant advancement in its European growth strategy following the successful 100-day Proof of Concept (PoC) with DB InfraGO AG for its Solar Drone technology [1][4] - Judit Nagypal has been appointed to lead the next phase of commercial engagement in Europe and is also under consideration for a position on VisionWave's Board of Directors [2][4] Company Developments - The PoC with DB InfraGO AG confirmed the feasibility and effectiveness of Solar Drone's automated cleaning technology for large glass rooftops at major train stations, addressing a long-standing maintenance challenge [3][4] - Doug Davis, Executive Chairman of VisionWave, emphasized the PoC as a meaningful commercial validation for Solar Drone, highlighting the need for regional leadership to advance opportunities in Europe [4] - Shmuel Yannay, CEO of Solar Drone, expressed appreciation for DB InfraGO AG's support and the recommendation to engage with three interested departments: Sky Operations, DB Services, and DB Energie [4] Strategic Operations - Ms. Nagypal will oversee all Solar Drone-related opportunities and coordinate with DB InfraGO AG's designated departments, Solar Drone's engineering team, and VisionWave's strategic partners across the European Union [4] - VisionWave is focused on enhancing national-level safety and operational resilience through advanced airborne, RF-sensing, and AI-powered technologies [5] - Solar Drone specializes in industrial-grade drone-based solutions for grid maintenance, fire prevention, and solar-field optimization, with a binding Letter of Intent for acquisition by VisionWave pending completion [6]

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]

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 ...