VisionWave Holdings, Inc.

NasdaqGM:VWAV Stock Report

Market Cap: US$122.6m

VisionWave Holdings Management

Management criteria checks 0/4

VisionWave Holdings' CEO is Doug Davis, appointed in Dec 2025, has a tenure of less than a year. total yearly compensation is $9.60M, comprised of 1.6% salary and 98.4% bonuses, including company stock and options. directly owns 2.03% of the company’s shares, worth $2.49M. The average tenure of the management team and the board of directors is 0.3 years and 0.4 years respectively.

Key information

Doug Davis

Chief executive officer

US$9.6m

Total compensation

CEO salary percentage1.64%
CEO tenureless than a year
CEO ownership2.0%
Management average tenureless than a year
Board average tenureless than a year

Recent management updates

Recent updates

Seeking Alpha • Feb 06

VisionWave Holdings: AI Defense Hype With No Revenues Or Backlog

Summary VisionWave is a pre-revenue defense tech company aiming to commercialize AI-driven autonomous and counter-drone solutions. VWAV faces critical risks: no revenue path, no backlog, limited cash ($2.3M), and heavy reliance on dilutive financing. The company’s $175.1M market cap is unsupported by fundamentals; it would need $9–$45.5M in sales to justify current valuation. I rate VWAV a strong sell due to uncertain commercialization, high dilution risk, and lack of competitive differentiation or near-term catalysts. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Doug Davis's remuneration changed compared to VisionWave Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-US$13m

Sep 30 2025US$10mUS$158k

-US$7m

Sep 30 2024n/an/a

-US$664k

Compensation vs Market: Doug's total compensation ($USD9.60M) is above average for companies of similar size in the US market ($USD649.34K).

Compensation vs Earnings: Doug's compensation has increased whilst the company is unprofitable.

CEO

Doug Davis (66 yo)

less than a year
Tenure
US$9,598,854
Compensation

Mr. Douglas Landers Davis, also known as Doug, is Director of SaverOne 2014 Ltd. from March 5, 2026. Mr. Davis is an Executive Chairman of VisionWave Holdings, Inc., serves as its Chief Executive Officer s...

Leadership Team

NamePositionTenureCompensationOwnership
Douglas Davis
CEO & Executive Chairmanless than a yearUS$9.60m2.03%
$ 2.5m
Erik Klinger
Chief Financial Officer2.1yrsUS$86.65kno data
Eric Shuss
COO & Directorless than a yearUS$66.00k0.049%
$ 60.7k
Danny Rittman
Chief Technology Officerno dataUS$2.39mno data
Jez Williman
Senior Systems Engineerno dataUS$1.50mno data
Khdoura Sabbagh
CEO & Director of VisionWave IL Ltdless than a yearno datano data
0.3yrs
Average Tenure
60.5yo
Average Age

Experienced Management: VWAV's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Douglas Davis
CEO & Executive Chairmanno dataUS$9.60m2.03%
$ 2.5m
Eric Shuss
COO & Directorno dataUS$66.00k0.049%
$ 60.7k
Khdoura Sabbagh
CEO & Director of VisionWave IL Ltdless than a yearno datano data
Mansour Khatib
Independent Directorless than a yearno data0.018%
$ 22.2k
Ned Siegel
Member of Advisory Boardless than a yearno datano data
Atara Dzikowski
Independent Directorless than a yearno data0.030%
$ 37.0k
Judit Nagypal
Independent Directorless than a yearno data0.014%
$ 17.7k
Haggai Ravid
Independent Directorno dataUS$69.33kno data
Chuck Hansen
Independent Lead Directorless than a yearUS$69.33k0.022%
$ 27.0k
Ben Everitt
Member of Advisory Boardless than a yearno datano data
Eliezer Marum
Member of Advisory Boardless than a yearno datano data
Shmaya Ollech
Independent Directorless than a yearno datano data
0.4yrs
Average Tenure
63yo
Average Age

Experienced Board: VWAV's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 18:14
End of Day Share Price 2026/05/21 00:00
Earnings2025/12/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VisionWave Holdings, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.