VisionWave Secures Up To $55M In Growth Capital To Scale AI Defense Solutions, Including $50M Equity Line And $5M In Convertible Notes

VisionWave Holdings, Inc. (NASDAQ:VWAV) ("VisionWave" or the "Company"), a next-generation defense technology company, today announced that it has entered into a transformative funding agreement with a prominent institutional investor, securing an equity line for up to $50 million in capital through a Standby Equity Purchase Agreement (SEPA), along with a $5 million tranche funding commitment in the form of convertible notes.

This financing empowers VisionWave to execute on the strategic initiatives outlined in its investor presentation including the scaled deployment of its AI-powered multi-domain defense solutions across autonomous aerial, ground, and maritime systems.

Under the terms of the agreement, VisionWave has the right to sell up to $50 million in common stock over a 24-month period at its discretion, providing flexible, growth-focused capital. The investor also committed to funding $5 million through convertible notes to support immediate scaling efforts, of which, the first $3 million was funded upon entering into the funding agreement.

Importantly, the $5 million tranche funding includes protective covenants which prohibit the use of proceeds to pay any pre-existing liabilities accrued before the Company's business combination. This ensures that all capital raised is strictly designated for working capital and growth initiatives, reinforcing VisionWave's forward-focused strategy.