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Ondas Holdings Inc. (ONDS) announced that its subsidiary, 4M Defense, has secured a major competitive tender for a large-scale border demining program. The contract is expected to generate revenue exceeding $50 million USD, marking a significant milestone for the company's financial outlook. This project is a key component of the Israel Ministry of Defense's $1.7 billion Eastern Border Security Barrier Initiative. 4M Defense will utilize its advanced AI-enabled robotic technology to execute the demining operations with high efficiency and safety. The win validates Ondas' specialized defense capabilities and its ability to secure high-value government contracts in complex environments. Investors and analysts view this development as a major catalyst for the company's growth and broader technological adoption in the global defense sector.
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