VisionWave enters into $10M statement of work for development of qSpeed-Mine

VisionWave (VWAV) announced the execution of a $10 million Statement of Work, SOW, with a third-party vendor to develop, validate, and deploy a custom qSpeed-Mine cryptocurrency mining acceleration and orchestration platform. VisionWave views this SOW as the beginning of QuantumSpeed’s transition from acquisition thesis to paid, performance-gated commercial execution. “This is about extracting materially more value from the infrastructure that already exists,” said Dr. Danny Rittman, Chief Technology Officer of VisionWave. “The goal of QuantumSpeed(TM) is to improve system-level efficiency by optimizing how work is coordinated and executed at scale, which directly impacts unit economics without changing cryptographic assumptions.”