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Ondas Secures Initial Purchase Order for Iron Drone Raider Systems for Military Deployment to Protect Borders, Critical Locations, and People from Hostile Drones
Additional volume orders are expected in the second half of 2024 based upon combat success in operational conditionsThe Iron Drone Raider system is a unique,
About this update from Ondas Inc
[{"type":"text","content":"Additional volume orders are expected in the second half of 2024 based upon combat success in operational conditionsThe Iron Drone Raider system is a unique, innovative counter-drone system using an autonomous AI-guided interception drone launched from a designated docking stationThis direct purchase from a government military customer positions Ondas as a prime defense contractor and Iron Drone as a new, potentially leading solution, for the $1.6 billion counter-drone market MARLBOROUGH, MA / ACCESSWIRE / July 22, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) (\"Ondas\" or the \"Company\"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that it has received an initial purchase order from a military customer for several Iron Drone Raider (the \"Raider\") counter-drone systems. The systems are to be deployed and operated as part of military defense activities to protect from hostile drones threatening borders, critical locations, populations and defense forces. The initial purchase comes after the Company accelerated the development of the Iron Drone Raider system to address certain specific, military-grade requirements of defense and homeland security forces. Ondas prioritized this development to meet urgent security needs related to ongoing geopolitical conflicts across the world. Additional Raider follow-on orders and deployments are anticipated to meet an ongoing, urgent need for protection from hostile drones.\"We are excited to receive our initial Iron Drone Raider order directly from a military customer, positioning Ondas as a prime defense contractor for this high-performance counter-drone system, \" said Eric Brock, Chairman and CEO of Ondas. \"The Raider has best-in-class specifications designed to protect critical locations and populations from the rapidly growing threat posed by hostile drones. This Raider platform, powered by proprietary, advanced autonomy software and integrated sensors is a major asset in Ondas' portfolio. We believe this unique AI-enabled technology can provide a highly reliable, cost-effective solution to hostile drones compared to alternatives, which are typically expensive and often cause significant collateral damage when deployed. We are excited to deliver the Raider to our initial military customer and plan to offer th...