Ondas Secures $8M Military Order for Iron Drone Raider Systems, Expanding into Defense
Portfolio Pulse from Benzinga Newsdesk
Ondas Holdings Inc. has secured an $8 million order from a major military customer for its Iron Drone Raider systems, marking its expansion into defense markets. This is a significant milestone for Ondas, as it anticipates further growth with military and security customers globally.
September 09, 2024 | 11:38 am
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Ondas Holdings Inc. received an $8 million order from a major military customer for its Iron Drone Raider systems, marking a significant expansion into defense markets. This order is a major milestone and could lead to further growth with military and security customers.
The $8 million order from a major military customer is a significant revenue boost and marks Ondas' entry into the defense market, which could lead to further growth opportunities. This positive development is likely to have a favorable impact on ONDS stock price in the short term.
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