VisionWave Enters into $10 Million Statement of Work for Development of qSpeed-Mine™ - Mining Acceleration Platform
VisionWave Holdings, Inc. (VWAV)
Company Research
Source: GlobeNewswire
WEST HOLLYWOOD, Calif., Feb. 17, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) today 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. The SOW is structured as a fixed-fee, milestone-based program with objective acceptance criteria and payments tied directly to verified technical delivery and operational performance. Commercial Structure, Timeline, and Milestone-Based Payments The SOW spans an expected program duration of approximately 32 weeks, progressing from initial platform validation through proof-of-concept (“POC”) and into full-scale deployment. Key commercial milestones include: $350,000 paid upon contract executionApproximately $1.0 million earned t
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VWAV
Sec Filings
- 2/23/26 - Form 8-K
- 2/18/26 - Form EFFECT
- 2/17/26 - Form 4/A
- VWAV's page on the SEC website