Ondas Holdings Inc. (NASDAQ:ONDS) is without doubt one of the Hot Growth Stocks to Invest in Now. On October 13, Ondas Holdings Inc. (NASDAQ:ONDS) expanded its partnership with Rift Dynamics. The partnership now contains Nammo Raufoss as nicely, which is a complicated munitions supplier with a robust manufacturing presence in the US.
Beneath the prolonged collaboration, all the businesses will develop totally built-in Wasp Drones with munition payloads. These upgraded Wasp drones would then be offered completely in the US by Ondas Holdings Inc.’s (NASDAQ:ONDS) American Robotics subsidiary. Administration famous that the up to date system, which mixes Nammo’s warhead with Rift’s Wasp platform, will ship NDAA-compliant techniques able to fast scale-up and mass deployment.
Eric Brock, CEO and Chairman of Ondas Holdings Inc. (NASDAQ:ONDS), believes that integrating Nammo’s confirmed munition expertise with the Wasp platform could be a game-changer for US protection clients.
Ondas Holdings Inc. (NASDAQ:ONDS) engages in offering drone-based automated information options and superior wi-fi connectivity.
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Disclosure: None. This text is initially revealed at Insider Monkey.
