VisionWave Enters LOI to Acquire BladeRanger Subsidiary, Expanding AI-Driven Drone Capabilities for Security, Infrastructure, and Emergency Response
1. VisionWave signed a LOI to acquire Solar Drone Ltd. 2. The acquisition aims to expand into dual-use drone technology. 3. VisionWave will issue 1.8 million shares as part of the deal. 4. BladeRanger's technology enhances VisionWave’s AI-driven systems. 5. Due diligence efforts are underway to complete the transaction.