FRSX
XNASFORESIGHT AUTONOMOUS-SP ADR
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News · 2
How did the price react? →- GlobalNewswire6/9/2026, 12:00:00 PMVisionWave Brings AI-based Sensing Capabilities for the Defense and Security Sector by Acquiring a Controlling Interest in Foresight Autonomous
VisionWave Holdings (VWAV) has signed a definitive agreement to acquire up to a 52% controlling interest in Foresight Autonomous Holdings (FRSX). The deal is structured as an all-stock transaction, with VisionWave issuing $17.5 million in common shares as consideration. The acquisition is aimed at expanding VisionWave's AI-based sensing capabilities for the defense and security sector.
- SeekingAlpha6/8/2026, 1:47:18 PMVisionWave to acquire controlling stake in Foresight Autonomous for $17.5M
VisionWave has announced a deal to acquire a controlling stake in Foresight Autonomous for $17.5 million. The transaction represents a confirmed M&A event that would give VisionWave majority ownership of the autonomous vehicle technology company. No additional deal terms or timeline for closing were provided in the report.