VisionWave entered into an Acquisition Agreement to purchase 51% of Meteor Aerospace for approximately $20.4 million in VisionWave common stock, based on the five-day VWAP before closing. Consideration includes about $6.0 million in unrestricted shares and $14.4 million in restricted shares subject to a six-month lock-up. Closing is subject to due diligence and a live flight validation of Meteor’s Impact-700 platform, among other customary conditions. Upon closing, VisionWave will gain board control and expects to leverage Meteor’s unmanned systems and defense technologies to expand its portfolio.
Agreement details:
- Agreement type: Acquisition Agreement to purchase 51% of Meteor Aerospace
- Counterparty: Meteor Aerospace
- Signed / Effective: Jun 29 2026 / same
- Reason: Expand autonomous systems and defense technologies portfolio
Original SEC Filing:
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