- **VisionWave Holdings (VWAV)** announced the **successful completion of a pilot** with a **U.S. tier-1 defense company**, focusing on **unmanned use cases**, high-fidelity sensing, and Active Protection System (APS) solutions.  **[2038439_20251002LN89218:0]** 
- Following the pilot, VisionWave **received payment for the customer's purchase of evaluation samples**, which CEO Noam Kenig views as a strong vote of confidence.  **[2038439_20251002LN89218:0]** 
- The company is now engaged in **system integration** and **combined development** with the customer's engineering group, with intentions to evaluate targeted integration work packages, non-recurring engineering (NRE) based customization, and potential program pursuits.  **[2038439_20251002LN89218:0]**

VisionWave Completes Successful Pilot with U.S. Defense Company

- On **September 26, 2025**, VisionWave Holdings, Inc. (VWAV) entered into a Consulting Agreement with Crypto Treasury Management Group, LLC (CTMG) to establish a **digital asset treasury reserve**.  **[2038439_0001731122-25-001325_e6876_8k.htm:0]** **[2038439_0001731122-25-001325_e6876_8k.htm:1]** 
- CTMG will provide advisory and strategic services, including developing a crypto treasury strategy, recommending custodians, and assisting with capital formation for a potential structure of up to **$300 million** in crypto assets like **Bitcoin and Solana**.  **[2038439_0001731122-25-001325_e6876_8k.htm:1]** **[2038439_0001731122-25-001325_e6876_ex10-1.htm:5]** 
- Compensation for CTMG includes a **$50,000** retainer fee (pre-paid on September 24, 2025), an additional **$50,000** upon execution of binding agreements, a success fee of **17 Bitcoin** (or cash equivalent) upon deployment of at least **$20 million** into crypto assets, and **250,000 shares** of the Company's common stock upon closing of the crypto treasury transaction.  **[2038439_0001731122-25-001325_e6876_8k.htm:1]** **[2038439_0001731122-25-001325_e6876_ex10-1.htm:2]** 
- The Company intends to **stake a minimum of 70%** of its crypto treasury assets for at least **two years** if the strategy is successfully implemented, with the non-staked portion intended for funding its defense business and the stakeable portion for potential M&A activity.  **[2038439_0001731122-25-001325_e6876_8k.htm:1]** **[2038439_0001731122-25-001325_e6876_ex10-1.htm:5]** 
- The implementation of this crypto reserve strategy is subject to obtaining **regulatory approval** and potentially **shareholder approval**.  **[2038439_0001731122-25-001325_e6876_8k.htm:1]**

VisionWave Holdings, Inc. Enters Consulting Agreement for Digital Asset Treasury Reserve

- **VisionWave Holdings (VWAV)** successfully demonstrated its **4D super-resolution radar** with its proprietary **Evolved Intelligence** edge engine in a five-day live-fire trial, achieving millisecond track initiation and low false-positive rates against aerial and ballistic threats.  **[2038439_20250926LN84316:0]** 
- The company formed a joint venture with Israeli defense firm **AIPHEX LTD**, internally valued at approximately **$5 billion** for equity allocation, which includes **11 "Designated Projects"** in advanced negotiation and **13 "Background Projects"** under discussion.  **[2038439_20250926LN84316:0]** 
- **VisionWave** also secured a **$50 million equity line facility** specifically to accelerate the development of its AI-driven defense platform.  **[2038439_20250926LN84316:1]**

VisionWave Holdings Demonstrates Radar Technology and Forms Strategic Joint Venture

- VisionWave Holdings (VWAV) successfully completed a **five-day live-fire evaluation** of its EI™-powered 4D super-resolution radar at Tawazun Industrial Park in Abu Dhabi.  **[2038439_20250923LN80974:0]** 
- The radar demonstrated **real-time detection, classification, and tracking of aerial and ballistic threats** with millisecond track initiation and low false-positive rates.  **[2038439_20250923LN80974:0]** 
- This integrated and qualified system is now positioned for **initial fielding**, subject to customer validation and required approvals.  **[2038439_20250923LN80974:0]** 
- Following the trial, VisionWave and its defense partner intend to progress **next-phase integration discussions and explore production collaboration**.  **[2038439_20250923LN80974:1]**

VisionWave Holdings Successfully Completes Live-Fire Radar Trial

- VisionWave Holdings, Inc. entered into a Letter Agreement with YA II PN, Ltd. on **September 11, 2025**, related to a Standby Equity Purchase Agreement (SEPA).  **[2038439_0001731122-25-001234_e6843_8-k.htm:1]** 
- The company received a **$2,000,000** second pre-paid advance (Second Note) from the investor, with a purchase price of **$1,880,000** reflecting a **6% discount**.  **[2038439_0001731122-25-001234_e6843_ex10-1.htm:0]** **[2038439_0001731122-25-001234_e6843_8-k.htm:1]**  This note has a **6% annual interest rate** and a maturity date of **September 11, 2026**.  **[2038439_0001731122-25-001234_e6843_8-k.htm:1]** **[2038439_0001731122-25-001234_e6843_ex10-2.htm:1]** 
- The investor also committed to fund an additional **$2,000,000** (New Note) upon the effectiveness of a registration statement, with a purchase price of **$1,880,000** (a **6% discount**).  **[2038439_0001731122-25-001234_e6843_ex10-1.htm:1]** **[2038439_0001731122-25-001234_e6843_8-k.htm:1]**  This New Note will carry a **12% annual interest rate** and require monthly principal repayments of **$200,000** starting three months after issuance.  **[2038439_0001731122-25-001234_e6843_8-k.htm:2]** 
- VisionWave Holdings granted the investor a **right of first refusal** for **12 months** on future financing transactions, excluding ATM offerings at prevailing market prices.  **[2038439_0001731122-25-001234_e6843_ex10-1.htm:1]** **[2038439_0001731122-25-001234_e6843_8-k.htm:2]**

VisionWave Holdings Secures **$2 Million** Advance and Future Funding Commitment

- VisionWave Holdings, Inc. announced the formation of a **Strategic Joint Venture** with Israel-based defense technology company **AIPHEX LTD**, along with GBT Tokenize Corp. and GBT Technologies, Inc., on **September 3, 2025**.  **[2038439_20250903LN64382:0]** 
- The Nevada-based JV is designed to accelerate the development, commercialization, and deployment of advanced defense and space technologies, with a mandate to pursue key U.S. and international defense contracts.  **[2038439_20250903LN64382:0]** 
- The JV is internally valued at approximately **$5 billion** for equity allocation purposes, with VisionWave and AIPHEX each holding **46.76%** ownership.  **[2038439_20250903LN64382:0]** 
- GBT Tokenize contributed **897,102 restricted shares of VisionWave common stock** and an intellectual property portfolio with a draft independent valuation of approximately **$300 million**, while GBT contributed **2,020,500 restricted shares of VisionWave common stock**.  **[2038439_20250903LN64382:0]** 
- The JV has identified **11 specific "Designated Projects"** in advanced negotiation and **13 additional "Background Projects"** where discussions are underway.  **[2038439_20250903LN64382:0]**

VisionWave Forms Strategic Joint Venture with AIPHEX

- VisionWave Holdings, Inc. (VWAV) entered into a Strategic Joint Venture Agreement on **August 25, 2025**, with AIPHEX LTD, GBT Tokenize Corp., and GBT Technologies, Inc. to form a joint venture limited liability company (JV LLC) focused on defense and technology projects.  **[2038439_0001731122-25-001174_e6807_ex10-1.htm:0]** **[2038439_0001731122-25-001174_e6807_8-k.htm:1]** 
- VWAV and AIPHEX each hold a **46.76%** ownership stake in the JV LLC, which has an estimated internal value of **$5,000,000,000** for equity allocation purposes.  **[2038439_0001731122-25-001174_e6807_8-k.htm:1]** **[2038439_0001731122-25-001174_e6807_ex10-1.htm:1]** 
- Contributions to the JV include **897,102 VWAV shares** and an intellectual property portfolio from TOKENIZE, **2,020,500 VWAV shares** from GBT, Designated Projects and Background IP from AIPHEX, and non-exclusive IP licenses from VWAV and AIPHEX.  **[2038439_0001731122-25-001174_e6807_8-k.htm:1]** **[2038439_0001731122-25-001174_e6807_ex10-1.htm:2]** 
- The JV agreement has a **seven-year** term and includes a clause for termination if no revenue is generated from designated projects within **12 months** of the JV LLC's formation.  **[2038439_0001731122-25-001174_e6807_8-k.htm:1]** **[2038439_0001731122-25-001174_e6807_ex10-1.htm:5]** **[2038439_0001731122-25-001174_e6807_ex10-1.htm:7]** 
- A referral fee of **700,000 VWAV shares** and **2% of future JV LLC revenue** will be paid to a non-affiliated third party.  **[2038439_0001731122-25-001174_e6807_8-k.htm:1]** **[2038439_0001731122-25-001174_e6807_ex10-1.htm:7]**