VisionWave stock price rises 6% due to aerospace acquisition agreement

2026-02-25 00:26:20

Investing.com – VisionWave Holdings Inc. (NASDAQ:VWAV) stock rose 6% on Tuesday after the company announced the signing of a binding definitive agreement to acquire a 51% stake in aerospace-grade composite materials certification manufacturer C.M. Composite Materials Ltd.

C.M. produces structural components for systems known publicly as Iron Dome and Barak 8, as well as other aerial, offensive, and intelligence platforms. The transaction is subject to customary closing conditions, including regulatory approval, and is expected to be completed in the first quarter of 2026.

C.M. reported approximately $17.3 million in revenue for fiscal year 2025, with a pre-tax net profit of about $3 million. These financial figures are prepared according to International Financial Reporting Standards adopted in Israel. The financial results are unaudited and sourced from C.M.'s internal management accounts. They are not prepared in accordance with US Generally Accepted Accounting Principles (GAAP) and have not been audited by the Public Company Accounting Oversight Board (PCAOB).

The transaction references an independent third-party valuation report prepared by BDO Consulting Group, dated January 1, 2026. C.M. is valued at $50 million. The consideration for the 51% stake will include 250,000 shares of VisionWave common stock.

From December 18, 2025, to February 20, 2026, VisionWave conducted a continuous 64-day due diligence process, including daily on-site visits to C.M.'s facility in Modi’in, Israel. The review included examining the composite materials manufacturing process and verifying certification and compliance standards.

This acquisition follows VisionWave’s previous announcement of a $10 million work order related to the development of its QSpeed platform.

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