Mergers & Acquisitions
By The Online Investor Staff, updated Sun., Jan. 29, 5:31 PM
| This Slide: #20 of 100 |
Slide #20. Ondas Holdings Inc. — AIROBOTICSLtd.
Acquirer:
Ondas Holdings Inc. (NASDAQ:ONDS)
Acquiree:
AIROBOTICSLtd.
Details:
Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), announced today it has completed the previously announced acquisition ofAIROBOTICSLtd. (TASE: AIRO) ("Airobotics"), a leading, Israeli-based developer of autonomous unmanned aircraft systems ("UAS") and automated data analysis and visualization platforms, effective January 23, 2023.
Ondas is a provider of private wireless, drone, and automated data solutions. Co.'s subsidiary, Ondas Networks Inc., provides wireless connectivity solutions enabling industrial internet applications and services. Co. designs, develops, manufactures, sells and supports FullMAX, its Software Defined Radio platform for broadband networks. Co.'s subsidiary, American Robotics, Inc., designs, develops and manufactures drone systems. Co.'s Scout System™ drone platform consists of: Scout™, a drone with imaging payloads; ScoutBase™, a base station for housing, charging, data processing, and cloud transfer; and ScoutView™, a web portal and API which enables remote interaction with the system, data.
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