Mentioned:
ONDS -12.91% SPAI -8.82%
Military technologies continue to be on the rise globally. Which is exactly why Ondas Holdings wants to be on the leading edge of investing in the world’s most important defense tech companies.
What’s happening:
- Ondas Holdings (NASDAQ: ONDS) has publicly stated they are committing $150M USD to investing in new global defense and security technologies through a newly formed division known as as Ondas Capital
Why it matters:
- Ondas Capital will be led by James Acuna, who is a former CIA field operations veteran and has more than three decades of experience dealing with international security
Going deeper:
- Ondas Holdings will look to invest in new breakthrough technologies specifically focused on drones, ground robotics and artificial intelligence software for autonomous combat
- This is not the first time Ondas Holdings has made strategic investments into defense tech companies, including just recently leading a new equity financing round for Safe Pro Group (NASDAQ: SPAI) as well as injecting capital into European drone company Rift Dynamics to secure an exclusive distribution deal in the United States of America for their Wasp combat drones


