Ondas Holdings Completes Acquisition of Ardenna Assets

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[{"type":"text","content":"Positions Ondas and American Robotics to Offer Comprehensive Monitoring, Inspection and Data Analysis Solutions to the Rail IndustryWALTHAM, MA / ACCESSWIRE / April 6, 2022 / Ondas Holdings Inc. (Nasdaq:ONDS), a leading provider of private wireless data, drone and automated data solutions through its wholly-owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc. (\"American Robotics\" or \"AR\"), today announced it has completed the previously announced acquisition of the assets of Ardenna, a leading provider of image processing and machine learning software solutions for rail infrastructure monitoring and inspections.With this acquisition, American Robotics' best-in-class automated drone platform will leverage Ardenna's Rail-Inspector advanced analytics software to accelerate growth within the rail industry. As part of Ondas and American Robotics rail data solutions, Ardenna's market leading rail track inspection analytics will be offered to rail customers by American Robotics as an automated data solution integrated with the Scout System™ or as a stand-alone data analytics service.\"We are pleased to close the Ardenna asset acquisition and bring Rail-inspector and Ardenna's data science team into the fold,\" said Reese Mozer, CEO and co-founder of American Robotics. \"We look forward to providing critical inspection services to our rail customers which help them run train operations more efficiently and safely.\"To learn more about American Robotics, click here. To learn more about Ardenna, click here.About Ondas Holdings Inc.Ondas Holdings Inc. (\"Ondas\") is a leading provider of private wireless data and drone solutions through its wholly owned subsidiaries Ondas Networks Inc. (\"Ondas Networks\") and American Robotics, Inc. (\"American Robotics\" or \"AR\"). Ondas Networks is a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets. Ondas Networks' standards-based (802.16s), multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today's legacy private licensed wireless networks. Ondas Networks' customer end markets include railroads, utilities, oil and gas, transportation, aviation (including drone operators) and government entities whose demands sp...

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