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VisionWave Holdings, Inc. countersigned and accepted a purchase order from Metal Machinery Components Trading FZCO for…
VWAVVisionWave Holdings, Inc.
VisionWave Holdings, Inc. countersigned and accepted a purchase order from Metal Machinery Components Trading FZCO for the sale of 200 STRATUM VARAN heavy wheeled unmanned ground vehicles at an aggregate base price of $20 million ($100,000 per unit). The agreement requires a $2 million advance payment secured by a bank guarantee and milestone payments tied to production and delivery. Deliveries are scheduled in three batches over 36 months following the satisfaction of conditions precedent, including proof of funds, export licenses, end-user approvals, and compliance reviews. As of September 24, 2026, no conditions have been satisfied, no revenue has been recognized, and the order is not included in backlog. VisionWave Holdings, Inc. operates in the defense technology sector, developing AI-driven sensing and autonomous systems.