Group 1 - Ondas Holdings Inc. (NASDAQ:ONDS) experienced a significant stock increase of 29.47%, closing at $8.72, following a $35 million investment in Performance Drone Works, an advanced robotics company [1][3] - The investment aims to enhance capabilities for warfighters, focusing on targeting, surveillance, sensing technology, and force protection [2] - Ondas plans to increase production of its C100 and AM-FPV systems, create new engineering jobs, and acquire essential components to support this initiative [3] Group 2 - Ondas secured a $20.9 million contract with the US Army for its C100 UAS and Multi-Mission Payloads (MMP) as part of the "Transformation in Contact" initiative [4] - The company completed the acquisition of Sentrycs CS Ltd., which specializes in Cyber-over-RF (CoRF) and Protocol-Manipulation counter-UAS technology [4] - Sentrycs' CoRF technology is designed to identify, track, and control unauthorized drones without disrupting communications, with 200 deployments across 25 countries [5]
Ondas (ONDS) Climbs 29% on $35-Million Robotics Investment