VisionWave signs term sheet with Lucky Whale for Israel Tier IV data center joint venture

VisionWave Holdings

VisionWave Holdings

VWAV

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  • VisionWave signed a term sheet with Lucky Whale to form a joint venture for a Tier IV data center campus in Beth Shemesh, Israel.
  • Proposed structure gives VisionWave 68% of the joint company, equating to a 51% effective interest in the project assets.
  • Consideration would be an all-share issuance to the land owner valued at about US$40 million, priced near closing using VWAP.
  • VisionWave would arrange full construction funding via capital markets or project financing, with financing and approvals still pending.


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: 202606160800PRIMZONEFULLFEED9747210) on June 16, 2026, and is solely responsible for the information contained therein.

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