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Ondas Receives $8.0 Million Purchase Order for Iron Drone Raider Systems from Major Military Customer for Aerial Protection Against Hostile Drones
Ondas Holdings Inc. (NASDAQ:ONDS) has received an $8.0 million purchase orderfor multiple Iron Drone Raider systems from a major military customer. This marks the largest order ever for the Iron Drone Raider systems and a significant milestone in Ondas Autonomous Systems Inc (OAS) business unit's expansion. The order includes Raider systems, associated elements, infrastructure, and supporting services for aerial protection against hostile drones.
The global market for counter-drone applications is expected to grow from $1.6 billion in 2023 to $14.9 billion by 2032, with a 27.8% CAGR. Ondas believes the Iron Drone Raider system is one of the most innovative technologies in the counter-drone market, featuring autonomous capabilities and cost-effective intercepti
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