Issued on behalf of VisionWave Holdings, Inc.
VisionWave Holdings (NASDAQ: VWAV) signs a non-binding term sheet to acquire up to 51% of Foresight Autonomous Holdings (NASDAQ: FRSX), adding camera-based stereo vision and thermal perception to its existing RF sensing core and the xClibre™ AI video intelligence platform -- building toward a three-layer counter-UAS architecture targeting its Argus™ platform and intended to reduce false-positive engagement rates.
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