VisionWave signs exclusive LOE for Liberia offshore oil blocks LB-4 and LB-5

VisionWave Holdings, Inc.

Initial signing bonus of $600,000 due within 60 days; refundable if blocks not awarded for reasons not attributable to VisionWave.
Exclusive 8-month period to pursue PSC with Government of Liberia; subject to prequalification, regulatory approvals, and legislative ratification.
Post-PSC obligations include $1M per block seismic data license and $1M per block signature bonus.
Company plans to deploy proprietary RF sensing technologies for offshore exploration alongside conventional methods.
No guarantee of PSC execution or revenue; company may need additional capital or partners.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VisionWave Holdings, Inc. entered into Letter of Engagement with National Oil Company of Liberia (NOCAL) valued at $600,000 (effective 2026-03-18).

Action: entry
Counterparty: National Oil Company of Liberia (NOCAL)
Value: $600,000
Effective: 2026-03-18

Exact text from the filing

On March 18, 2026, VisionWave Holdings, Inc. (the “Company”) entered into a Letter of Engagement (“ LOE ”) with the National Oil Company of Liberia (“ NOCAL ”), relating to offshore petroleum Blocks LB-4 and LB-5 located in the Liberia Basin.

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VisionWave Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001731122-26-000472

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