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Ondas Holdings Inc. Announces Filing of Definitive Proxy Statement and Date for Special Meeting of Shareholders Relating to Previously Announced Acquisition of American Robotics, Inc. – Consumer Electronics Net

Ondas Holdings Inc. Announces Filing of Definitive Proxy Statement and Date for Special Meeting of Shareholders Relating to Previously Announced Acquisition of American Robotics, Inc. – Consumer Electronics Net
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Ondas Holdings Announces Definitive Agreement to Acquire American Robotics, Inc. – Consumer Electronics Net

Ondas Holdings Announces Definitive Agreement to Acquire American Robotics, Inc. – Consumer Electronics Net
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Marlborough Drone Company Acquired For Nearly $71M

UpdatedMon, May 17, 2021 at 2:20 pm ET
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American Robotics, a developer of fully-automated commercial drone systems, is the first and only company approved by the FAA to operate its drones beyond-visual-line-of-sight (“BVLOS”) without a human operator on the ground. (Renee Schiavone/Patch)
MARLBOROUGH, MA Nantucket-based Ondas Holdings Inc. announced Monday that it has reached an agreement to acquire American Robotics, a privately-owned company headquartered in Marlborough.
As part of the agreement, Ondas, a developer of proprietary, software-based wireless broadband technology, will pay about $70.6 million in a combination of cash and equity securities for American Robotics, according to a company news release. ....

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