New Player in the Future of Defense Stocks as Global Spending Increases
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VisionWave Technologies is entering the market through a merger with Bannix Acquisition Corp, amidst rising global defense spending, which reached USD 2.46 trillion in 2024.
March 06, 2025 | 1:15 pm
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Bannix Acquisition Corp is merging with VisionWave Technologies, introducing a new player in the defense sector as global defense spending increases.
The merger with VisionWave Technologies positions Bannix Acquisition Corp to capitalize on the growing defense market, likely boosting its stock price.
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