"We are excited to receive our initial Iron Drone Raider order directly from a military customer, positioning Ondas as a prime defense contractor for this high-performance counter-drone system, " said Eric Brock, Chairman and CEO of Ondas. "The Raider has best-in-class specifications designed to protect critical locations and populations from the rapidly growing threat posed by hostile drones. This Raider platform, powered by proprietary, advanced autonomy software and integrated sensors is a major asset in Ondas' portfolio. We believe this unique AI-enabled technology can provide a highly reliable, cost-effective solution to hostile drones compared to alternatives, which are typically expensive and often cause significant collateral damage when deployed. We are excited to deliver the Raider to our initial military customer and plan to offer the platform to defense and security customers worldwide."
ELS Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
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