GlobeNewsWire
20 Jul 2026, 04:01 UTC · 19h ago
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Eva Live Inc. (GOAI) has signed a Letter of Intent to acquire a controlling 51% interest in Airbeam Wireless Technologies for approximately $16 million. — The acquisition provides immediate access to 260+ patents and critical semiconductor tech, expanding the company's operational capabilities.
+0.40Eva Live intends to integrate Airbeam's millimeter-wave beamforming technology with its AI platform to develop communications architectures for autonomous drone swarms. — Entering the high-growth autonomous defense sector creates a new long-term revenue vertical for the company.
+0.30The acquisition grants Eva Live access to a technology lineage that has received over $150 million in prior cumulative R&D investment. — Acquiring high-value R&D at a fraction of the original cost reduces the company's time-to-market and capital expenditure.
+0.20Which stocks this story touches
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The company is pursuing a transformational acquisition to enter a $3 trillion global opportunity in AI and defense infrastructure.
Mentioned only as a previous owner of a product portfolio now held by Airbeam.
Mentioned as part of the historical technological ecosystem for millimeter-wave development.
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