Thursday, March 28, 2024 10:23:10 AM
Enter into Binding Business Combination Agreement
WEST HOLLYWOOD, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Bannix Acquisition Corp. (“Bannix” or the “Company”) together with GBT Technologies, Inc. (“GBT”), announced today that the Company and VisionWave Technologies Inc., which is partially owned by GBT (“VisionWave”) have executed a binding Business Combination Agreement (“BCA”) with the goal of bringing a groundbreaking imaging technology called “VisionWave” to market. This technology platform, backed by a portfolio of patents, leverages the power of radio waves and machine learning to create a new frontier in computer vision.
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