Ondas (ONDS) Holdings announced that the Israel Innovation Authority has awarded a NIS 3.8 million grant to support further development of its Iron Drone Raider counter-uncrewed aircraft system owned by its wholly-owned subsidiary, Airobotics. In early 2023, Airobotics acquired the assets of Iron Drone, an Israeli company known for its autonomous counter-drone technology. The Iron Drone Raider, which combines AI-driven detection and interception, can integrate seamlessly with existing detection systems to counter unauthorized drones. Through precise, autonomous actions, the Raider intercepts hostile drones using a specialized interception drone and docking station capable of managing multiple drone threats.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONDS:
- Ondas secures $3.5M investment in Ondas Autonomous Systems
- Ondas Holdings Allies with GenLab for AI-Driven Security Solutions
- Ondas appoints Markus Nottelman as senior advisor
- Ondas’ Airbotics secures $5.4M purchase order from defense customer
- Ondas Holdings Announces Investor Day and Future Outlook