AcquisitionsJul 20, 2026, 12:02 AM
Eva Live to acquire 51% of Airbeam Wireless for $16M valuation
AI Summary
Eva Live Inc. announced it has signed a Letter of Intent to acquire a controlling 51% interest in Airbeam Wireless Technologies Inc., with an option to acquire the remaining 49%. The transaction values Airbeam at approximately $16 million. This acquisition is expected to accelerate Eva Defense's vision for autonomous drone swarms, resilient military communications, smart cities, and future space infrastructure by integrating Airbeam's advanced millimeter-wave semiconductor technology and over 260 patents.
Key Highlights
- Eva Live Inc. signed an LOI to acquire a 51% controlling interest in Airbeam Wireless Technologies Inc.
- The transaction values Airbeam Wireless Technologies at approximately $16 million.
- Eva Live has an option to acquire the remaining 49% interest in Airbeam.
- Airbeam brings access to over 260 patents and advanced millimeter-wave semiconductor technology.
- Airbeam's technology lineage benefited from over $150 million in cumulative R&D investment.
- The acquisition positions Eva Live in autonomous defense, AI communications, and satellite networking.
- It accelerates Eva Defense's vision for autonomous drone swarms and resilient military communications.
Price Impact
More from GOAI