- Ondas ( NASDAQ: ONDS ) shares rose 6% pre-market on Wednesday after the Federal Aviation Administration granted its American Robotics subsidiary a Part 107 Waiver for expanded Automated Beyond-Visual-Line-of-Sight (BVLOS) operations.
- The waiver will enable the company's drone technology to operate autonomously over larger areas at ranges up to 10 miles with the ability to customize range based on unique geographies of industrial sites.
- This approval is an amendment to American Robotics' original FAA waiver granted in 2021, which made it the first company authorized to operate its autonomous drone technology with no pilots or visual observers on-site.
- The impact of waiver is immediate for current customers and will enable American Robotics to accelerate its solution offerings to new customers in 2023 and beyond.
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Ondas' American Robotics gets FAA waiver to expand BVLOS operations