Ondas holdings signs term sheet to acquire airobotics

Acquisition expected to combine market-leading automated drone platforms global reach further positions american robotics as a leader in the growing commercial drone space waltham, ma and petah tikva, israel / accesswire / july 5, 2022 / ondas holdings inc. (nasdaq:onds) ("ondas" or the "company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, ondas networks inc. ("ondas networks") and american robotics, inc. ("american robotics", or "ar"), announced today that it has signed a term sheet to acquire through acquisition or merger airobotics ltd. (tase: airo) ("airobotics"), a leading israeli developer of autonomous unmanned aircraft systems ("uas") and automated data analysis and visualization platforms, subject to the conditions described below.
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