- Ondas Holdings ( NASDAQ: ONDS ) through its wholly owned subsidiaries, Ondas Networks and American Robotics has signed a term sheet to acquire through acquisition or merger .
- The addition of Airobotics is expected to help accelerate American Robotics' technical development and regulatory roadmap and expand the breath of applications, use cases and vertical markets AR targets.
- "The technologies and talented people at Ondas Networks and AR will strengthen our systems and services, improving our ability to participate in the scaling of the commercial drone economy." said Meir Kliner, CEO and Co-Founder of Airobotics.
For further details see:
Ondas Holdings to acquire Airobotics