On March 18, 2026, VisionWave Holdings, Inc. signed a Letter of Engagement with the National Oil Company of Liberia to explore offshore petroleum Blocks LB-4 and LB-5, which involves an initial signing bonus of $600,000 and other future financial obligations. The agreement gives the company exclusive rights for eight months, subject to regulatory approvals and potential future costs, including a total of $2 million in bonuses upon contract execution.