NasdaqCM:ONDSCommunications
Ondas Moves Toward Defense Prime Role With Mistral Deal And Palantir AI
Ondas Holdings (NasdaqCM:ONDS) agreed to acquire U.S. defense prime contractor Mistral Inc. in a cash and stock deal valued at about $175m.
The company reported a $15.8m demining order linked to this transition into prime contractor roles within U.S. defense programs.
Ondas expanded its partnership with Palantir to support AI powered, multi domain intelligence and ISR infrastructure across its platforms.
For investors following defense technology, Ondas has mostly been known for...