Ondas Holdings Inc.
GenLab and Ondas Announce Strategic Alliance for Autonomous Systems
Summary
On October 9, 2024, GenLab Venture Studio announced the creation of a strategic alliance with Ondas Autonomous Systems Inc. to integrate trusted autonomous systems for critical infrastructure protection, homeland security, and national security service providers. The alliance aims to leverage GenLab's AI expertise and Ondas' autonomous drone platforms to deliver scalable security solutions. The press release, dated October 9, 2024, is furnished as Exhibit 99.1.
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Exhibits (1)
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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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