Ondas Holdings is a $2.2 billion provider of autonomous drone systems and private wireless solutions through its business units Ondas Autonomous Systems (OAS), Ondas Capital, and Ondas Networks. OAS offers defense and security platforms like the Optimus System and Iron Drone Raider, along with ground robotics and UAV systems. Ondas recently appointed Brigadier General Patrick Huston to its OAS Advisory Board and received a $3.5 million order for ground robotics and payload systems. The company also placed an initial order for 500 Wasp Attritable Drones from Rift Dynamics for U.S. defense markets. Ondas recently expanded its partnership with Rift Dynamics to include Nammo for a fully integrated Wasp Munition Drone for the U.S. defense market. The company has also announced plans to acquire Sentrycs, a global leader in counter-UAS cyber technology, to enhance its counter-UAS ecosystem.
Ondas Holdings aims to build a comprehensive “Systems-of-Systems” architecture for AI-powered autonomous defense and security solutions by acquiring multiple companies. The company integrates acquired technologies to offer end-to-end capabilities for various industries. Ondas recently announced the acquisition of Sentrycs, a global leader in counter-UAS cyber technology, expanding its reach to Tier-1 defense and security agencies across 25+ countries. The acquisition of Sentrycs will enhance Ondas’ counter-UAS ecosystem, providing a unified detect-to-defeat architecture for defense and civilian markets.
Ondas Holdings recently announced a partnership with Palantir Technologies to drive the adoption of autonomous systems. The collaboration will leverage Palantir’s Foundry platform to unify data, streamline operations, and support the adoption of Ondas Autonomous Systems’ Optimus System and Iron Drone Raider platforms worldwide. The integration of Foundry will enhance Ondas’ ability to scale its autonomous solutions for aerial security and intelligence across defense, security, and public safety markets.
Read more at Nasdaq: Bull of the Day: Ondas Holdings (ONDS)