Unmanned and Autonomous Systems

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Ondas Holdings (ONDS) Jumps 15% After Raising $200-Million Funds
Yahoo Financeยท 2025-09-12 13:43
Group 1 - Ondas Holdings Inc. (NASDAQ:ONDS) experienced a significant stock price increase of 15.47%, closing at $6.42 after raising $217 million through a follow-on share offering that was fully subscribed by investors [1][2] - The company issued 46 million new shares, including 6 million shares under an overallotment option, to fund corporate development and strategic growth initiatives, including acquisitions and joint ventures [2] - Ondas launched a new business unit, Ondas Capital, aimed at accelerating the deployment of unmanned and autonomous systems in defense and security markets, with a focus on Eastern Europe and Ukraine [3][4] Group 2 - Ondas plans to invest at least $150 million in the new business unit over the next two years, with investments expected to commence in the fourth quarter of 2025 [4]