VisionWave announces acquisition of QuantumSpeed

VisionWave (VWAV) Holdings announced the acquisition of QuantumSpeed, an early-stage, pre-commercial computational acceleration engine that is intended to explore new approaches to execute complex computations under extreme time constraints. QuantumSpeed is not yet a commercial product. The technology is currently in a proof-of-concept and system architecture phase, where core mathematical, algorithmic, and architectural principles have been defined and validated at a prototype level. VisionWave is initiating a focused development program to advance the engine toward production-grade deployment. There can be no assurance that the technology will advance beyond the current proof-of-concept phase, achieve targeted performance metrics, or ever result in a commercial product. Development involves substantial technical, financial, and regulatory risks. An independent third-party valuation by BDO Consulting Group assessed the QuantumSpeed intellectual property at approximately $99.6M as of December 31, 2025, based on certain assumptions regarding future development success, market adoption, and discount rates. This valuation is not a guarantee of realizable value and is subject to significant risks, including potential impairment if development milestones are not met. The Company’s Board was provided also with a fairness opinion by BDO Consulting Group for the structure and the value of the transaction. At closing, VisionWave acquired 100% of the QuantumSpeed intellectual property assets, which will be transferred into a newly formed, wholly owned subsidiary. As previously disclosed, transaction consideration includes: 3,000,000 shares of VisionWave common stock issued at closing; A $10M promissory note; 7,000,000 additional shares subject to shareholder approval under applicable Nasdaq rules. A structured equity pledge mechanism has been implemented to align incentives and protect execution, with defined remedies if shareholder approval is not obtained within the prescribed timeframe.