VisionWave Holdings Acquires 51% Equity In Foresight Autonomous For $17.5M
Benzinga Newsdesk 6 months ago
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VisionWave Holdings, Inc. (NASDAQ:VWAV) today announced a signed non-binding term sheet for a strategic investment in Foresight Autonomous Holdings Ltd. (Nasdaq: FRSX), under which VisionWave will acquire up to 51% of
VisionWave Holdings, Inc. (NASDAQ:VWAV) today announced a signed non-binding term sheet for a strategic investment in Foresight Autonomous Holdings Ltd. (Nasdaq: FRSX), under which VisionWave will acquire up to 51% of Foresight's outstanding shares in exchange for $17.5 million in VisionWave equity. This transaction follows VisionWave's April 10, 2026 acquisition of the xClibre™ AI video intelligence IP portfolio, independently valued at approximately $60 million.