Ondas secures $3.5 million investment in ondas autonomous systems in transaction led by ondas chairman and ceo eric brock and board member joe popolo

Direct investment in ondas autonomous systems (oas) backed by investment companies of joe popolo, board member of ondas, and eric brock, ceo and chairman of ondas and oas initial investment to support oas' substantial growth opportunity in providing unmanned aerial security and intelligence to defense, security and critical infrastructure and industrial markets boston, ma / accesswire / october 14, 2024 / ondas holdings inc. (nasdaq:onds) ("ondas", "ondas holdings" or the "company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary ondas autonomous systems inc. ("oas") has entered into an investment agreement with a private investor group, including charles & potomac capital, llc ("charles & potomac") and privet ventures llc ("privet ventures"), for an investment of $3.5 million in convertible notes of oas. the investment in oas will support oas' business expansion plan and deliver on the substantial growth opportunity in the defense, security, and critical infrastructure and industrial markets targeted by oas' optimus and iron drone autonomous drone platforms.
ONDS Ratings Summary
ONDS Quant Ranking