Mentioned:
ONDS -12.91% UMAC -18.31%
A major European airport is embracing counter drone technology. And they’re partnering up with Ondas Holdings to do it.
What’s happening:
- Ondas Holdings (NASDAQ: ONDS) has landed a new $8.2M USD purchase order from an international airport in Europe to deploy their counter drone system Iron Drone Raider
Why it matters:
- The new purchase order is one of the single largest deals that Ondas Holdings has ever won for their Iron Drone Raider platform
Going deeper:
- The Iron Drone Raider platform is capable of 24/7 autonomous airspace protection through leveraging artificial intelligence and machine learning technology to identify and intercept potentially hostile drones
- Ondas Holdings has been aggressively scaling up their exposure to the future of drone technology for both public safety and military purposes, including previously leading a $14M USD equity financing round into Safe Pro Group (NASDAQ: SPAI) alongside of Unusual Machines (NYSE: UMAC)
