Mentioned:
There’s a new deal for protecting American national security. And a publicly traded drone company is behind it.
What’s happening:
- Ondas Holdings (NASDAQ: ONDS) has announced their subsidiary Airobotics has won a new contract from a major defense company for their Iron Drone Raider system
Why it matters:
- The new contract will leverage the Iron Drone Raider system to protect certain critical locations from attacks from hostile drones
Going deeper:
- The Iron Drone Raider system is quickly becoming one of the most important drone platforms in America that is capable of combining drone hardware with artificial intelligence technology to rapidly identify and disable potential attacks from other drones
- Ondas Holdings has been making a flurry of moves recently, including landing a notable Beyond Visual Line of Sight waiver from the Federal Aviation Administration as well as an aerial security deal with a semiconductor manufacturer
The intrigue:
- Preventing hostile drone attacks with artificial intelligence technology is an emerging trend, which just recently led to a notable new partnership between Anduril and OpenAI
