VisionWave signs deal to buy 51% stake in Meteor Aerospace for USD 20.4 million

VisionWave Holdings

VisionWave Holdings

VWAV

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  • VisionWave agreed to buy a 51% controlling stake in Israel-based Meteor Aerospace in a stock deal valued at about $20.4 million.
  • The agreement values Meteor at a $40 million pre-money equity valuation.
  • Closing conditions include flight validation of Meteor’s Impact-700 unmanned aerial platform and completion of legal, financial, technical due diligence.
  • VisionWave expects board control and plans to integrate Meteor’s unmanned systems, electronic warfare, and C4ISR capabilities into its defense technology platform.
  • Meteor founder Itzhak Nissan is expected to continue leading technological activities as Chief Technology Director following closing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VisionWave Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606300800PRIMZONEFULLFEED9754566) on June 30, 2026, and is solely responsible for the information contained therein.

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