VisionWave Secures Exclusive Rights to Liberia Basin Petroleum Blocks: Defence AI Meets Offshore Energy
ByAinvest
Tuesday, Mar 24, 2026 9:06 am ET1min read
VWAV--
VisionWave Holdings has entered into a Letter of Engagement with the National Oil Company of Liberia for exclusive rights to advance toward a Production Sharing Contract on offshore petroleum Blocks LB-4 and LB-5 in the Liberia Basin. The LOE grants an eight-month exclusivity window, a $600,000 initial signing bonus, and a defined pathway toward PSC execution. VisionWave intends to evaluate its proprietary RF-based sensing and imaging technologies alongside traditional seismic methods for offshore exploration.
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