Ondas Secures Initial Purchase Order For Iron Drone Raider Systems For Military Deployment

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Additional volume orders are expected in the second half of 2024 based upon combat success in operational conditions

The Iron Drone Raider system is a unique, innovative counter-drone system using an autonomous AI-guided interception drone launched from a designated docking station

This direct purchase from a government military customer positions Ondas as a prime defense contractor and Iron Drone as a new, potentially leading solution, for the $1.6 billion counter-drone market

MARLBOROUGH, MA / ACCESSWIRE / July 22, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that it has received an initial purchase order from a military customer for several Iron Drone Raider (the "Raider") counter-drone systems. The systems are to be deployed and operated as part of military defense activities to protect from hostile drones threatening borders, critical locations, populations and defense forces.

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