Ondas Holdings Inc.
Ondas Receives Major Military Purchase Order for Iron Drone Raider Systems
Summary
Ondas Holdings Inc. announced on September 9, 2024, the receipt of an $8.0 million purchase order from a major military customer for multiple Iron Drone Raider systems. This marks the first major order for the Iron Drone Raider system intended for live security operations, signaling a significant expansion for Ondas into the defense market. The order includes Raider systems, associated elements and infrastructure, and supporting services for aerial protection against hostile drones. Ondas anticipates further growth with military and security customers worldwide, as the Iron Drone Raider system's capabilities are deployed in live security operations.
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About Ondas Holdings Inc.
Ondas Holdings Inc. is a technology company specializing in advanced wireless networking solutions. The company's primary function is to develop and provide mission-critical networking infrastructure for the Industrial Internet of Things (IIoT). Ondas Holdings offers its proprietary FullMAX radio platform, which is designed for secure, reliable, and extensive coverage networking in open and challenging environments, making it particularly suitable for industrial and commercial sectors. The industries it impacts include utilities, transportation, and public safety, among others, by providing robust wireless communication networks that enhance operational efficiencies and safety protocols. Ondas Holdings is significant in the market for its innovative approach to addressing the unique communication needs of large-scale enterprises, driving the digital transformation of traditional industries towards more connected and data-driven operations.
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