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Maris-Tech Receives Follow-On Purchase Order for Intelligence Gathering Application
Globenewswire· 2026-01-27 13:40
Core Insights - Maris-Tech Ltd. has received a follow-on purchase order for intelligence gathering operational products, with delivery scheduled for Q2 2026, marking a transition from development to operational deployment [1][2][3] Company Overview - Maris-Tech is a leader in AI-based edge computing technology, providing solutions for mission-critical defense and security operations, enabling real-time situational awareness and intelligence gathering [3] - The company's platforms are utilized in various applications, including UAVs, UGVs, armored vehicles, and dismounted soldier systems, focusing on ultra-low-latency video processing and onboard AI analytics [3] Recent Developments - The recent order follows a successful product development phase where Maris-Tech collaborated with the customer to refine specialized technologies for intelligence gathering [2] - The CEO of Maris-Tech, Israel Bar, emphasized that the follow-on order validates the company's technology and its applicability in the intelligence gathering sector [3]
Ondas Holdings (ONDS) Soars to All-Time High Ahead of Business Updates
Yahoo Finance· 2026-01-09 03:22
Core Insights - Ondas Holdings Inc. (NASDAQ: ONDS) experienced a significant stock price increase, reaching an all-time high of $15.07 before closing at $14.01, reflecting a 15.02% gain in one trading session [1] Company Updates - CEO Eric Brock will participate in a fireside chat and one-on-one meetings with institutional investors at the 28th Annual Needham Growth Conference on January 14 [2] - An Investor Day is scheduled for January 16, where the company will discuss the performance and evolution of Ondas Autonomous Systems (OAS) and outline strategic priorities and outlook for 2026 [2] Corporate Rebranding - Ondas Holdings Inc. plans to change its corporate name to Ondas Inc. to better reflect its evolution into a fully integrated global operating platform, with the rebranding expected to take effect in the first quarter of the year [3] - The rebranding aims to align the corporate identity with the company's current operations and the global markets it serves [4]
Ondas Holdings (ONDS) Climbs 30% on Business Transformation
Yahoo Finance· 2026-01-04 13:55
Core Insights - Ondas Holdings Inc. has rebranded itself as Ondas Inc. to reflect its evolution into a fully integrated global operating platform, leading to a significant stock price increase of 29.95% week-on-week [1] - The company now serves both government and commercial customers with a focus on defense and security technology, integrating products, services, manufacturing, and operations [2] - The relocation of its headquarters to West Palm Beach, Florida, is aimed at supporting the next phase of growth and aligns with the business-friendly regulatory environment of the state [3][4] Company Transformation - The name change to Ondas Inc. is intended to better align the corporate identity with the operating platform and the global markets served [3] - The company maintains a distributed global footprint with operations across the United States, Europe, the Middle East, and Asia, ensuring that the rebranding and relocation do not disrupt existing operations or customer programs [4] Strategic Positioning - West Palm Beach is emerging as a strategic hub for technology, defense, finance, and global business, which is expected to enhance Ondas's ability to execute disciplined operations and create long-term value [4]
RMX Industries Announces Strategic Focus on U.S. Defense & Security, Advancing Operational AI from the Tactical Edge
Prnewswire· 2025-12-17 19:35
Core Insights - RMX Industries, Inc. is focusing its growth initiatives on U.S. defense and security applications, aligning its capabilities with national defense priorities and the demand for operational AI [1][2] - The company’s flagship platform, VAST™, is designed to deliver high-fidelity video and sensor data over constrained networks, ensuring reliable performance even in degraded conditions [3][4] Strategic Developments - RMX has transitioned from field validation to active defense integration, with the U.S. Army placing an initial order for VAST™ to support the 'Transformation in Contact' initiatives [4] - The platform has been integrated into the U.S. Government's TAK 5.5 core video player, simplifying deployment through features like automatic stream discovery [4] Technological Advancements - VAST™ conditions and compresses data at the source, providing AI-ready streams with predictable latency while minimizing bandwidth and power requirements [3] - The company demonstrated its radio-first streaming capabilities by successfully transmitting five concurrent HD feeds over L-band MANET during a recent event [5] Financial and Intellectual Property Initiatives - RMX has filed a patent related to VAST™ and entered into a securities purchase agreement for up to $50 million in contingent financing to support platform expansion and product development [6] Market Positioning - The company is aligning its go-to-market strategy and partnership ecosystem to better serve defense and security stakeholders, reflected in its redesigned digital presence [7]
Summa Defence Plc: Disclosure under Chapter 9 Section 10 of the Securities Market Act
Globenewswire· 2025-06-10 15:00
Group 1 - Summa Defence Plc received a notification indicating that Jussi Mälkiä's ownership has decreased below 10% of the share capital and voting rights as of June 10, 2025 [1] - The total number of shares in Summa Defence Plc is 4,567,193,463, with Mälkiä's resulting ownership at 6.33% after the threshold was crossed [2] - The previous ownership percentage was 61.07%, indicating a significant decrease in Mälkiä's stake [2] Group 2 - Summa Defence Plc is a Finnish defense and security technology group focused on dual-use technologies that enhance security of supply, situational awareness, mobility, and defense [4] - The company aims to support industry growth and strengthen industrial production capacity amid geopolitical changes [4] - Summa Defence Plc's shares are listed on the Nasdaq First North Growth Market in Sweden and Finland [5]
Micropolis Holding Company Announces Receipt of Audit Opinion with Going Concern Explanation
Globenewswire· 2025-06-09 20:30
Company Overview - Micropolis Holding Company is a UAE-based firm specializing in unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications [3] - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [3] Financial Disclosure - The company announced that its audited financial statements for the fiscal year ended December 31, 2024, included an audit opinion with an explanatory paragraph regarding its ability to continue as a going concern [1] - This announcement was made in compliance with NYSE American LLC Company Guide Sections 401(h) and 610(b), which mandates public disclosure of audit opinions containing going concern paragraphs [1] Regulatory Compliance - The announcement does not indicate any changes or amendments to the company's financial statements or its 2024 Annual Report [1]