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Secured Initial Volume Order from Siemens Mobility for the Class I Rail 900 MHz NetworkEntered into Definitive Merger Agreement to Acquire Airobotics, a Leading Developer of Autonomous Drone SystemsConference
WALTHAM, MA / ACCESSWIRE / June 23, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned
Executed transformative acquisition of American Robotics Completed $51.5 million public offering Continued progress in Rail markets supported by expanded Siemens’ activity ... | August 17, 2021
Share: Ondas Holdings Inc. (NASDAQ: ONDS) has reached agreement to acquire American Robotics, the first drone company to receive Federal Aviation Authority beyond-visual-line-of-sight (BVLOS) approval. Ondas will pay approximately $70.6 million in a combination of cash and equity securities for American Robotics. The transaction is subject to closing conditions, including approval by the Ondas stockholders of the equity securities to be issued to American Robotics stockholders, and is expected to close in the third quarter of 2021. "We are excited to bring American Robotics into the Ondas fol...
Ondas Holdings is acquiring American Robotics with the expectation that it can incorporate the drone company’s data-collecting capabilities into its platform for industry verticals.