Ondas (ONDS) Lands $205 Million Deal To Expand Precision Strike Technology
Ondas (NasdaqCM:ONDS) announced the acquisition of GATE Technologies and Bron Technologies, expanding its precision-strike portfolio. The deal adds Electronic Safe & Arm Device capabilities and fuze technology that are used in modern precision weapons and autonomous strike systems. Through GATE and Bron, Ondas gains access to additional defense sector customers that use advanced strike and munitions technologies. The GATE and Bron acquisitions reshape Ondas' role in precision weapons, but...
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