Ondas Adds Israeli Defense Manufacturing Muscle In $33 Million Deal
Ondas (NASDAQ: ONDS) is acquiring Aran Defense for $33M to boost autonomous defense manufacturing and scale Israel operations.
Ondas is buying a company called Aran Defense to make better robots and machines for defense work, and to grow its business in Israel. This shows Ondas thinks defense technology is important and wants to get bigger in that area.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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