Ondas Holdings (ONDS) Hits New High as Key Executive Joins

We recently published Market in Pain? Not For These 10 Celebrating Stocks. Ondas Holdings Inc. (NASDAQ:ONDS) is one of the top performers on Tuesday.

Shares of Ondas Holding surged to a new all-time high on Tuesday, as investors welcomed the addition of retired US Army Brigadier General Patrick Huston to the advisory board.

In intra-day trading, Ondas Holdings Inc. (NASDAQ:ONDS) surged to its highest 52-week price of $8.12 before paring gains to finish the session just up by 8.54 percent at $7.88 apiece.

Investors welcomed positively the addition of Huston to the advisory board, given his background that matches well with the strategic needs of Ondas Holdings Inc. (NASDAQ:ONDS) in its autonomous and defense ambitions.

According to the company, Huston’s combat leadership, legal expertise, and deep involvement in AI and emerging technologies bring an invaluable perspective to the organization as it scales delivery of its autonomous intelligence, surveillance, and reconnaissance (ISR) and counter-UAS drone infrastructure, and advanced ground robotics platforms to global defense and security markets.

He will also support Ondas Holdings Inc.’s (NASDAQ:ONDS) acquisition and investment strategy both in the United States and in international markets.

“His perspective will be instrumental in guiding our growth as we deliver advanced autonomous systems to defense and security customers globally,” the firm said.

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