Bannix Acquisition Corp.
BNIXR
NASDAQ Capital Market0.25
USD
-0.02
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Bannix Acquisition Corp.
BNIXR
(NASDAQ Capital Market)
Recent
price
0.25
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Bannix Acquisition Corp operates as a Special Purpose Acquisition Company (SPAC) focused on identifying and effectuating mergers, share exchanges, asset acquisitions, stock purchases, recapitalizations, and reorganizations with high-growth target businesses. The company primarily targets sectors featuring technological innovation and scalable business models including software, artificial intelligence, cloud computing, cybersecurity, machinery and equipment, chemicals and materials, pharmaceuticals and healthcare, food and beverages, consumer goods, energy and power, automotive and transportation, electronics and semiconductors, medical devices and consumables, internet and communication, new technologies, agriculture, and packaging. Bannix Acquisition Corp engages in comprehensive strategic acquisition consulting, market intelligence reports, and due diligence services, leveraging industry-leading analytical tools and expert advice to assist clients in making informed business decisions. Founded in 2020 and headquartered in Wilmington, Delaware, Bannix's business model centers on facilitating the strategic expansion and public market integration of high-caliber technology companies. A recent major development includes Bannix’s transformative merger completion in July 2025 with VisionWave Technologies, an AI-driven defense firm specializing in autonomous platforms, advanced radar, and related technologies. Prior to that, in August 2023, Bannix acquired GBT Technologies' Apollo IP system, a radio frequency-based computer vision technology designed to enhance autonomous vehicle perception and mapping capabilities under diverse environmental conditions. This acquisition positioned Bannix to offer state-of-the-art autonomous vehicle perception technologies. Additionally, Bannix has executed multiple deadline extensions since 2024 to finalize its initial business combination, reflecting ongoing strategic execution and integration processes. These developments mark Bannix’s transition from a pure SPAC platform to an operating company with core products and services that now include advanced autonomous perception technologies, AI-driven defense systems, cloud business management software from VisionWave, and a broad portfolio of strategic acquisition advisory and market intelligence services across multiple industrial sectors. Bannix operates primarily in the United States with strategic interests in technology-driven defense and autonomous vehicle markets, leveraging acquisitions to expand its technological offerings and industry reach.