VisionWave Holdings Acquires Solar Drone Ltd. in All-Stock Deal

Reuters
2025.12.19 12:50
portai
I'm PortAI, I can summarize articles.

VisionWave Holdings Inc. is set to acquire Solar Drone Ltd., a subsidiary of BladeRanger Ltd., through an all-stock deal involving 1,800,000 shares. The acquisition aims to bolster VisionWave's presence in defense, security, and industrial robotics, aligning with its multi-domain autonomy strategy. The deal is expected to close by December 10, 2025, pending standard conditions. Solar Drone recently completed a successful Proof of Concept with DB InfraGO AG, prompting further discussions. This information was originally published by VisionWave Holdings via GlobeNewswire.