Mentioned:
ONDS -12.91% FLT +6.15%
Drone technology has many disruptive applications. But, is securing the border next?
What’s happening:
- Ondas Holdings (NASDAQ: ONDS) has entered into a new partnership with Volatus Aerospace (TSXV: FLT) focused on their subsidiary American Robotics’ Optimus System for aerial surveillance of the United States and Canadian border
Why it matters:
- Leveraging drones for border security and surveillance could be a breakthrough new application for drone technology both in North America and globally, particularly in regions where illegal immigration and drug trafficking is rampant
Going deeper:
- Volatus Aerospace will immediately begin marketing the Optimus System as well as becoming a factory authorized training facility for both training and support
- Volatus Aerospace and Ondas Holdings are focused on bringing the Optimus System into Canada, the United Kingdom and even Africa as part of their new partnership
- Ondas Holdings has already been using their fleet of drones to provide aerial security for a variety of different applications, including previously striking a notable deal with one of the world’s largest semiconductor companies
The intrigue:
- Ondas Holdings also just recently made waves when they announced they would begin live demonstrations of their counter drone system known as Iron Drone Raider in North America, Europe, the Middle East and Asia
