Ondas Holdings Inc. (NASDAQ:ONDS), a number one supplier of personal industrial wi-fi networks and autonomous drone and information options via its Ondas Networks and Ondas Autonomous Programs enterprise items, as we speak introduced a strategic funding in Rift Dynamics AS, a Norway-based protection know-how firm specializing in reasonably priced, mass-producible fight drone techniques. By this partnership, American Robotics will solely introduce and distribute Rift’s Wåsp platform to the U.S. protection market.
“Rift’s mission to ship high-performance, low-cost attritable drone techniques at scale for the European Union and NATO aligns completely with the worldwide demand for reasonably priced, operationally efficient platforms,” stated Eric Brock, CEO of Ondas Holdings. “We’re proud to help this effort and produce these capabilities to the U.S. protection market. Knut Roar Wiig and the workforce at Rift have constructed an distinctive platform within the Wåsp, engineered for scale, reliability, and mission influence. We stay up for supporting Rift’s progress and serving to ship this crucial functionality to our protection companions in the USA.”
The Wåsp is a multirole, combat-ready multicopter platform designed for attritable purposes with help for modular payloads, BVLOS missions, and superior autonomy. Examined by the Norwegian Military and constructed to satisfy NATO interoperability, EASA C2, and Navy Open 1A requirements, the Wåsp provides scalable manufacturing variants that embody AI imaginative and prescient and swarm performance. Rift’s present buyer bases contains the Norwegian Military and Nammo, a number one European ammunition supplier. To help prospects and American Robotics, Rift has developed a strong European provide chain and contract manufacturing functionality free from Chinese language elements, with the flexibility to provide over 20,000 items monthly throughout three worldwide websites inside six months of order. This industrial readiness permits Wåsp to be deployed quickly to satisfy urgent operational necessities. American Robotics has agreed to position an preliminary order for 500 Wåsp items.
“We developed the Wåsp to satisfy the crucial operational necessities of European protection and safety forces by delivering an reasonably priced, high-performance, and scalable drone system,” stated Knut Roar Wiig, CEO of Rift Dynamics. “Alongside the platform, we’ve constructed a resilient and scalable provide chain throughout Europe to make sure speedy availability at quantity. With Ondas and American Robotics as companions, we’re now positioned to deliver this functionality to new markets and allied protection prospects.”
The strategic funding permits Ondas to localize Rift’s European-developed applied sciences and provide chain capabilities within the U.S. in help of American NATO-aligned protection efforts. The partnership additionally positions American Robotics to satisfy the pressing demand within the U.S. for scalable, low-cost attritable drone techniques by providing the Wåsp platform as a part of its rising portfolio of superior unmanned techniques. By unique U.S. distribution rights, American Robotics is already energetic in bidding for Division of Protection applications and expects preliminary availability for supply by October. Ondas’ Eric Brock is predicted to affix the Rift Dynamics Board of Administrators upon closing of the funding and partnership settlement.
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