Ondas Holdings Inc. (NASDAQ:ONDS) experienced a significant 29.95 percent increase in its stock price last week after a corporate rebranding, signaling a broader business transformation. The company has officially changed its name to Ondas Inc. to reflect its evolution into a global operating platform serving government and commercial customers.

Chairman and CEO Eric Brock stated that the name change aligns with the company’s current operations and global market focus. Ondas Holdings Inc. (NASDAQ:ONDS) has also moved its headquarters to West Palm Beach, Florida, to support its growth in technology, defense, finance, and global business sectors.

Despite the rebranding and relocation, Ondas Holdings Inc. (NASDAQ:ONDS) reassures that its global operations, customer programs, and delivery timelines will remain unaffected. The company continues to maintain a distributed footprint across the United States, Europe, the Middle East, and Asia.

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Read more at Yahoo Finance: Ondas Holdings (ONDS) Climbs 30% on Business Transformation