Ondas Holdings Receives a $2.7 Million Purchase Order for Its Iron Drone Raider System

Ondas Holdings Inc. (NASDAQ:ONDS) is one of the 11 Low Price High Volume Stocks to Buy According to Analysts. On August 21, Ondas Holdings Inc. (NASDAQ:ONDS) reported that its subsidiary received a $2.7 million purchase order from a leading defense customer for the Iron Drone Raider System.

Ondas’ subsidiary, Airobotics Ltd., received the purchase order for multiple units of the company’s autonomous counter-UAS platform. The continued expansion of Ondas’ Iron Drone System reflects the company’s execution and demand in global defense and homeland security markets.

“Iron Drone is demonstrating its effectiveness in real-world operations, where autonomous protection from aerial threats is essential to safeguard strategic facilities, mission-critical assets, and populations. We believe this trust further solidifies our role as a leading provider of advanced autonomous defense solutions,” said Eric Brock, Chairman and CEO of Ondas Holdings.

This order indicates recurring demand and validates the operational efficiency of the Iron Drone system, especially as a key element within layered defense structures. There is a growing concept of an interception and mitigation layer, which shows the significance of the Iron Drone system in such defense architectures.

Ondas Holdings Inc. (NASDAQ:ONDS) offers private wireless, drone, and automated data solutions. The company operates through two segments: Ondas Networks and Ondas Autonomous Systems.

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Disclosure: None. This article is originally published at Insider Monkey.