Ondas Holdings Inc. (NASDAQ:ONDS) has been on a losing streak, falling for the 5th consecutive day and closing at $9.51 per share, with an 8.65 percent drop due to profit-taking after a rapid surge this month. The company recently launched Ondas Capital, a new business unit focusing on global defense and security technologies, investing up to $150 million over two years. Additionally, Ondas expanded its partnership with Rift Dynamics to develop Wasp drones with munition payloads exclusively for the US market. This integration aims to provide customers with a single-source solution for attritable drone systems.
Read more at Yahoo Finance: Ondas (ONDS) Falls on 5th Day on Profit-Taking from Rapid Surge
