Cash PositionONDS ended 4Q24 with $30M in cash and equivalents, up from $2.8M sequentially.
Revenue GrowthThe company reported $10M of drone revenue backlog, with a substantial business development pipeline in the U.S., Middle East, and Europe.
Strategic PartnershipsONDS announced a partnership with Palantir that aims to use its AI software for operations optimization and eventual expansion of platform capabilities.