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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InOndas Holdings announced that its subsidiary, Airobotics, has received an initial $20 million purchase order to develop and deploy an autonomous border protection system for a national government. The order is part of a strategic government tender focused on creating an AI-driven architecture utilizing thousands of drones. This contract marks a significant milestone for Ondas, establishing the company as a prime contractor within the national defense sector. The project involves implementing a multi-year autonomous surveillance and command-and-control infrastructure for border security. Securing this large-scale contract validates the company's technology and is expected to enhance future revenue visibility. Ondas, which trades on the Nasdaq under the ticker ONDS, continues to expand its footprint in the defense and AI industries.