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Ondas to Acquire Controlling Interest in 4M Defense, Integrating Smart Demining Capabilities, Terrestrial and Subsurface Robotics, and AI-Powered Intelligence Platform
Accessnewswireยท 2025-10-27 12:30
Core Insights - Ondas Holdings Inc. has announced a strategic acquisition of a controlling interest in 4M Defense Ltd., enhancing its capabilities in smart demining through advanced robotic systems and AI-powered analytics [1] Industry Overview - The World Bank estimates that the full demining of Ukraine will cost approximately US $34.6 billion, highlighting the significant financial implications of demining efforts globally [1] - There are an estimated 110 million landmines and unexploded ordnance (UXOs) buried worldwide, indicating a substantial market for demining technologies and services [1] Company Developments - Ondas Holdings Inc. operates through its Ondas Autonomous Systems (OAS) business unit, focusing on autonomous aerial and ground robot intelligence, which will be bolstered by the acquisition of 4M Defense [1] - The acquisition will allow Ondas to integrate advanced demining capabilities, including terrestrial and subsurface AI-powered intelligence technologies, into its existing product offerings [1]