VisionWave Expands International Demonstration Program for Autonomous Defense Systems

Multiple scheduled demonstrations across North America, Europe and Asia will showcase VARAN unmanned ground vehicles, drone technologies and integrated autonomous systems to prospective defense customers

WEST HOLLYWOOD, Calif., Sept. 30, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) (“VisionWave” or the “Company”), a defense technology and advanced autonomous systems company, today announced an expanded international demonstration and customer-evaluation program for its autonomous ground, aerial and sensing technologies.

Over the coming months, VisionWave is scheduled to conduct multiple demonstrations and technical evaluations across North America, Europe and Asia, involving the Company’s VARAN unmanned ground vehicle, unmanned aerial systems, drone technologies, intelligence, surveillance and reconnaissance (“ISR”), sensing technologies and integrated air-ground capabilities.

The demonstrations are being organized for prospective defense and security customers, strategic defense partners and systems integrators and are intended to allow participants to evaluate VisionWave technologies against specific operational requirements and mission profiles.

The program represents an important next phase in VisionWave’s strategy of moving its autonomous defense technologies from development into direct customer evaluation.

Putting VisionWave Technology in Front of Defense Customers

VisionWave’s demonstration program is designed around direct, hands-on evaluation of its technologies.

Rather than limiting customer engagement to presentations and technical discussions, the Company is working to place its systems in operational demonstration environments where prospective customers and partners can evaluate mobility, sensing, autonomous capabilities, payload integration and potential mission configurations.

The current program includes demonstrations of VARAN unmanned ground vehicles, drone technologies and combined ground-and-aerial capabilities, with different demonstrations structured around the requirements and areas of interest of the participating organizations.

Several demonstrations are scheduled during the fourth quarter of 2026, creating a concentrated period of international customer engagement across VisionWave’s autonomous systems portfolio.

“This is about putting our technology in the field and in front of the organizations that evaluate and deploy defense systems,” said Douglas Davis, Chief Executive Officer of VisionWave. “We now have a meaningful schedule of demonstrations and customer evaluations across several international markets. These are opportunities for prospective customers to see the technology operate, evaluate it against their requirements and engage directly with our technical and business-development teams.”

“Our objective is to move from demonstration to evaluation, from evaluation to a customer-defined configuration and, if a customer elects to proceed, toward procurement. There is no assurance that any demonstration will lead to an order.”

VARAN at the Center of the Demonstration Program

A significant portion of VisionWave’s upcoming demonstration activity will feature VARAN, the Company’s heavy wheeled unmanned ground vehicle under development as part of the STRATUM family of autonomous ground systems. VARAN has not completed qualification testing and is not in production.

VARAN is being developed around a modular, payload-agnostic architecture intended to support multiple defense and security applications from a common autonomous ground platform.

Potential configurations include ISR, autonomous logistics and resupply, radar and RF sensing, remote weapon stations, drone launch and recovery, communications and sensor payloads, counter-UAS and force-protection applications and other customer-specific mission systems.

The modular architecture is intended to allow VisionWave to demonstrate the same core platform to different prospective customers while configuring sensors, payloads and mission systems around their individual operational requirements.

VisionWave is also advancing unmanned aerial systems and drone-related technologies, including demonstrations involving aerial systems independently and in combination with autonomous ground technologies.

Building on VisionWave’s First STRATUM Conditional Purchase Order

The scheduled demonstrations follow the Company’s announcement of its receipt of a conditional purchase order from Metal Machinery Components Trading FZCO, a trading intermediary, for the STRATUM platform, covering 200 VARAN unmanned ground vehicles with an aggregate base purchase price of $20 million.

As previously disclosed, the purchase order is subject to conditions precedent.

VisionWave views the purchase order as one component of a broader commercialization effort now underway across its autonomous defense technology portfolio. The Company’s immediate commercial focus extends beyond any single transaction and includes expanding the number of prospective customers directly evaluating VisionWave technologies.

Modular System Architecture

VisionWave’s autonomous systems strategy is to combine unmanned ground vehicles, unmanned aerial systems, ISR, RF sensing and mission intelligence.

The Company is developing its technologies around a modular approach intended to enable ground vehicles, aerial systems, sensors and mission payloads to operate independently or as components of integrated autonomous systems.

Additional Demonstration Activity

VisionWave expects its demonstration and evaluation activities to continue across multiple international markets as the Company seeks to develop its global business-development pipeline.

The currently planned activities span North America, Europe and Asia and include prospective government, military and defense-industry participants.

The Company believes the breadth of these engagements provides an opportunity not only to demonstrate individual technologies, but also to obtain direct operational feedback that can inform product development, customer-specific configurations and future commercial opportunities.

Demonstrations and evaluations do not constitute purchase orders or commitments and may not result in commercial orders. Any future procurement would depend on customer decisions and applicable procurement, export, regulatory and other requirements.

About VisionWave Holdings, Inc.

VisionWave Holdings, Inc. (Nasdaq: VWAV) is a defense and advanced sensing technology company developing AI-driven, RF-based sensing, autonomy, and computational acceleration technologies for defense, homeland security, and commercial infrastructure applications. VisionWave's mission is to connect defense innovation with civilian progress through shared core technologies intended for use across air, land and fixed-site environments. The Company's website is https://www.vwav.inc. Information contained on, or accessible through, the Company’s website is not incorporated by reference into, and does not form a part of, this press release or any filing of the Company with the Securities and Exchange Commission. The platforms, payloads, sensing technologies and software described in this press release, including the STRATUM family and the VARAN unmanned ground vehicle, are in development, have not completed testing or qualification, are not commercially available and have not generated material revenue.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements other than statements of historical fact, including statements regarding the satisfaction of the conditions precedent to the VARAN purchase order; the timing and outcome of the demonstration contemplated for October or November 2026 under the purchase order; the number, timing, scope and outcome of the other demonstrations and evaluations described in this press release; the negotiation of a technical annex and any resulting price adjustment; production planning and delivery; the Company’s other demonstration and evaluation activities and whether any of them will result in an order; the development, qualification and capabilities of the STRATUM, VARAN, RANGER, SCOUT and RECON platforms and the Company’s unmanned aerial and ISR technologies; and the Company’s strategy and objectives. Words such as “scheduled,” “intends,” “expects,” “contemplates,” “believes,” “designed to,” “intended to,” “potential,” “may,” “will,” “objective” and similar expressions identify forward-looking statements.

These statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including: the Customer’s ability to deliver proof of funds and a bank guarantee acceptable to the Company and to make the advance and milestone payments; the receipt of export licenses and end-user approvals in each relevant jurisdiction and the results of the Company’s sanctions, anti-money-laundering and end-user review, including with respect to end users located in or near conflict zones; the Company’s approval, or withdrawal of approval, of any end user; the results of the demonstration and the effect of end-user requirements, localization, tariffs and component costs on the base configuration and unit price; the Company’s ability to establish manufacturing capacity and to complete qualification testing of the VARAN platform; the Company’s dependence on a single conditional order from a trading intermediary; the fact that the Company’s other demonstration and evaluation activities are not the subject of any contract or commitment and may not result in orders; the lengthy and uncertain nature of defense procurement processes and the discretion of prospective customers; the possibility that scheduled demonstrations are postponed or cancelled or that the Company’s systems fail to perform as intended during a demonstration; the Company’s ability to obtain any export licenses required to transport and demonstrate its systems outside the United States; the Company’s limited operating history, history of losses and need for additional financing, which may be dilutive to stockholders; and the other risks described under “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, [2025] and in its subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

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