WEST HOLLYWOOD – VisionWave Holdings, Inc. (NASDAQ:VWAV), a micro-cap defense technology company with a market capitalization of $7.65 million, has filed a response to the U.S. Patent and Trademark Office regarding its Radio Wave Finder technology continuation patent and introduced a new AI engine called Evolved Intelligence, according to a company press release. InvestingPro data shows the company’s stock has declined 33.45% year-to-date, reflecting the challenges facing early-stage defense tech firms.
The defense technology company submitted its response on August 18, just six days after receiving an Office Action from the USPTO on August 12. The Office Action raised a procedural double-patenting matter that VisionWave addressed with a Terminal Disclaimer. Trading at $7.44, the stock has shown relatively low market volatility with a beta of 0.15, according to InvestingPro analysis.