BRISTOL, TN — November 11, 2025 — Leads & Copy — Goldman Sachs has disclosed a 5.2% ownership stake in VisionWave Holdings, Inc. (Nasdaq:VWAV), equivalent to 798,260 shares, through a Schedule 13G filing. The filing indicates shared voting and dispositive power held by Goldman Sachs & Co. LLC.
Concurrently, VisionWave announced its Varan Unmanned Ground Vehicle (UGV), a next-generation autonomous ground platform, will undergo field testing in December 2025 with a major European defense partner. VisionWave CEO Noam Kenig describes the platform as a new generation of battlefield intelligence.
The Varan platform is developed by VisionWave’s UK engineering team under Jez Williman, Head of Ground Vehicle Development. It features a proprietary drive train with independently actuated suspension legs.
Powered by 4D radar and VisionWave’s autonomous navigation engine, the Varan can operate individually or in coordinated swarms, navigating complex terrain, avoiding obstacles, and detecting threats in real time. Its modular design supports configurations for counter-UAS defense, Active Protection Systems, remote weapon systems, troop and supply transport, and casualty evacuation.
The Varan is optimized for stealth, endurance, and rapid deployment and is available in electric and hybrid variants. The December 2025 field testing in Europe will demonstrate its swarm coordination, payload integration, and all-terrain capabilities.
NATO member states committed to investing 5% of their GDP annually on core defense requirements by 2035 at the 2025 NATO Summit in The Hague. The European Commission’s ReArm Europe plan allows member states to spend an additional €650 billion on defense.
The U.S. Army plans to integrate UGVs in brigade combat teams by 2030, creating a seven-year procurement window.
Goldman Sachs filed as a broker-dealer, investment advisor, and parent holding company, with completed transactions in the defense and space technology sector exceeding $30 billion in M&A and $35 billion in capital raised.
The Goldman Sachs Group maintains a dedicated Head of Global Resilience Technology Investment Banking focused on defense and space technology companies. Their investment suggests due diligence on VisionWave’s technology and market opportunity.
The company’s UK location strategically positions it for European defense procurement. VisionWave describes the Varan as the first in a planned family of ground autonomy systems. The U.S. Army plans to integrate UGVs in brigade combat teams by 2030.
Successful validation with the defense partner could open doors to procurement discussions and additional testing partnerships across NATO allies. VisionWave’s Varan is positioned for defense procurement with a design that can adapt to evolving tactical requirements through software updates.
Kristen Owens
media@vanderbiltreport.com
Source: Vanderbilt Report
