Mentioned:
Ondas Holdings is bringing their drone technology to Europe. And it’s just the beginning of their plans for global expansion.
What’s happening:
- Ondas Holdings (NASDAQ: ONDS) has landed a new $3.4M USD contract from a European defense contractor for their Iron Drone Raider autonomous counter drone system
Why it matters:
- This is the first time ever that Ondas Holdings has deployed their Iron Drone Raider platform in Europe for countering hostile drone attacks
Going deeper:
- The new deal will ultimately see Ondas Holdings’ Iron Drone Raider system being used by a government agency within Europe
- Ondas Holdings has been quickly scaling up their drone distribution globally, just recently making waves with a new multi million dollar deal with a government agency in the UAE for deploying their Optimus System drone network for public safety and emergency response as well as beginning live demonstrations of their Iron Drone Raider system in North America, the Middle East and Asia
The intrigue:
- Ondas Holdings also previously cut a notable deal with Palantir (NASDAQ: PLTR) to leverage artificial intelligence technology to accelerate autonomous drone operations
