other_material
confidence high
sentiment positive
materiality 0.75
Ondas Holdings invests in Rift Dynamics for exclusive U.S. distribution of low-cost combat drone systems
Ondas Inc.
- Ondas Holdings makes strategic investment in Norway-based Rift Dynamics, a defense tech firm specializing in affordable combat drones.
- Rift Dynamics' supply chain can produce over 20,000 systems monthly, with the Wåsp platform offering low-cost, attritable loitering strike capabilities.
- Ondas subsidiary American Robotics places initial order for 500 Wåsp units and secures exclusive U.S. distribution rights.
- Ondas CEO Eric Brock is expected to join Rift Dynamics Board of Directors upon closing of the investment and partnership agreement.
- The Wåsp platform is NDAA-compliant, tested by Norwegian Army, and supports modular payloads, BVLOS, AI vision, and swarm functionality.
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