Core Viewpoint - Ondas Holdings (ONDS.US) experienced a significant stock increase of nearly 15%, with a year-to-date surge of 228%, closing at $8.43 following the announcement of an initial order for 500 Wasp drones from Rift Dynamics [1] Company Summary - Ondas Holdings has placed an initial order for 500 Wasp drones, which will be distributed in the U.S. defense market through its American robotics division [1] - The Wasp drone system complies with the National Defense Authorization Act (NDAA), and the initial 500 units will be developed by defense electronics manufacturer Kitron [1] - The CEO of Ondas Holdings stated that this initial order marks the beginning of a scalable plan aimed at delivering cost-effective and operationally efficient expendable drone systems to U.S. defense customers [1] Industry Summary - There is an accelerating demand from the U.S. Department of Defense and allied defense forces for large-scale, low-cost expendable platforms, which the Wasp drone is designed to meet [1] - By leveraging Rift's NDAA-compliant design and Kitron's proven global manufacturing expertise, Ondas aims to rapidly scale production to achieve a delivery capability of thousands of units per month [1]

Core Viewpoint - Ondas Holdings has experienced a significant stock increase of nearly 15% on Thursday and a year-to-date surge of 228%, currently priced at $8.43, following the announcement of an initial order for 500 Wasp drones from Rift Dynamics [1] Company Summary - Ondas Holdings has placed an initial order for 500 Wasp drones, which will be distributed in the U.S. defense market through its American robotics division [1] - The Wasp drone system complies with the National Defense Authorization Act (NDAA), and the initial 500 units will be developed by defense electronics manufacturer Kitron [1] - The CEO of Ondas Holdings stated that this initial order marks the beginning of a scalable program aimed at delivering cost-effective and operationally efficient expendable drone systems to U.S. defense customers [1] Industry Summary - There is an accelerating demand from the U.S. Department of Defense and allied defense forces for large-scale, low-cost expendable platforms, which the Wasp drone is designed to meet [1] - By leveraging Rift's NDAA-compliant design and Kitron's proven global manufacturing expertise, Ondas aims to rapidly scale production to achieve a delivery capability of thousands of units per month [1]