Bannix Acquisition Corp.
BNIXU
NASDAQ10.50
USD
+0.04
- -
CIK
0001845942
ISIN
US0666442043
CUSIP
066644204
Return %
Stock
S&P500
1Y
- -
26.84
3Y
- -
77.03
5Y
3.75
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 300 Tice Boulevard Woodcliff Lake NJ United States of America 07677
- IPO Date
- Sep 10, 2021
- CIK
- 0001845942
- Similar Companies
- Business
- Bannix Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) primarily engaged in identifying and acquiring businesses in technology-driven sectors. The company completed a transformative merger with VisionWave Technologies, an AI-driven defense firm specializing in autonomous platforms, advanced radar, and AI-enabled tactical solutions. Bannix’s core products and services post-merger include event-based AI vision technology for tracking fast-moving objects; autonomous drone operation software branded as CoPilot AI; advanced radio frequency imaging technology known as Vision-RF; remote weapon stations; and AI-enhanced tactical platforms. Bannix operates in the defense technology sector with a focus on autonomous systems and smart sensor integration, leveraging VisionWave's technology portfolio. The company is based in Wilmington, Delaware, and was originally formed as a SPAC designed to complete a merger, share exchange, or similar business combination. Bannix has recently experienced significant operational changes, culminating in its business combination with VisionWave Technologies, announced in July 2025, marking a strategic shift from a SPAC to an operating technology company publicly traded on NASDAQ under the ticker VWAV. Additionally, Bannix has extended multiple deadlines since 2024 to finalize its initial business combination, reflecting careful strategic planning and execution in the merger process. The company continues to pursue advanced technology commercialization with several product lines at high technology readiness levels and geographic operations likely centered in the U.S. market with potential expansion linked to defense and autonomous technology sectors.