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ABU DHABI - VisionWave Holdings, Inc. (NASDAQ:VWAV), a micro-cap defense technology company with a market capitalization of $7.65 million, has completed a five-day live-fire evaluation of its 4D super-resolution radar system at Tawazun Industrial Park in Abu Dhabi, the company announced Tuesday. The announcement comes as the stock has experienced a 15.35% decline over the past week, according to InvestingPro data.
The testing, conducted with an unnamed government-owned defense partner, demonstrated the radar’s capabilities in detecting, classifying, and tracking aerial and ballistic threats in operationally representative conditions. The company’s relatively low beta of 0.15 suggests stable stock performance compared to market volatility, making it an interesting player in the defense sector.
According to the company’s press release, the system initiated tracks within milliseconds while maintaining low false-positive rates. The trials included various threat scenarios ranging from small-arms projectiles to rockets, missiles, unmanned aerial vehicles, and hypersonic-class profiles.
"Our EI-powered 4D super-resolution radar is built to detect, classify, and track fast, hard-to-detect threats in real time," said Noam Kenig, Chief Executive Officer of VisionWave.
The system combines volumetric sensing with Doppler capabilities and is designed to support Active Protection System (APS) solutions. The company stated the radar demonstrated fine-grain localization and kinematic classification of low-radar cross-section, high-velocity projectiles in cluttered environments.
VisionWave described the system as ruggedized for temperature, shock, vibration, and electronic-warfare conditions. The company indicated it has a modular design with open interfaces intended to facilitate integration with client systems.
Following these results, the company said the parties intend to progress to next-phase integration discussions and explore production collaboration, subject to partner validation, regulatory approvals, and other contingencies.
Based on information from the press release, no specific timeline or financial details regarding potential contracts were disclosed.
In other recent news, GBT Technologies has shown interest in acquiring Two Hands Corporation. The proposed offer values Two Hands at $0.00625 per share, with the payment to be made through a combination of cash and GBT shares. Additionally, GBT Technologies plans to assume all outstanding debt obligations of Two Hands as part of the acquisition. Meanwhile, VisionWave Holdings has signed a Memorandum of Understanding with VEDA Aeronautics to work on several defense projects for the Indian Ministry of Defense, including drone and tank programs. VisionWave Holdings also announced new executive appointments, with employment terms that include base salary increases tied to revenue milestones. Furthermore, VisionWave Holdings has formed a joint venture with Israel-based AIPHEX LTD to develop defense and space technologies, valued internally at approximately $5 billion. This venture will also involve GBT Tokenize Corp. and GBT Technologies with smaller ownership stakes.
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