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Shares of Ondas (ONDS) jumped in pre-market trade on Monday after the company announced a deal to acquire a controlling stake in 4M Defense.
ONDS’ stock was up more than 10% in early morning trade and surged to rank among the top trending tickers on Stocktwits. However, retail sentiment around the stock on Stocktwits remained in ‘bearish’ territory.
The deal gives Ondas majority ownership and integrates 4M’s advanced robotic and AI-powered demining technology into Ondas’ drone and analytics systems.
4M Defense’s technology, already deployed in Israel and Ukraine, is designed to accelerate clearance operations in areas that contain buried explosives. Ondas said the integration will happen quickly, with the company providing capital, distribution, and technical support, while keeping 4M’s leadership in place to preserve operational expertise.
“With this acquisition, we believe we are positioned to accelerate go-to-market execution, deliver greater operational impact for our customers, and scale rapidly in a mission that truly matters,” said Ondas’ Co-CEO, Oshri Lugassy. The company expects its combined systems to make demining operations up to four times faster and be more cost-efficient than traditional methods, while providing real-time intelligence for military, security, and humanitarian operations.
Ondas credited 4M’s Terrestrial Intelligence Platform (TIP) for its potential to enable faster, safer decision-making. The TIP integrates satellite imagery, drone data, and historical threat maps to identify and visualize subsurface hazards, including landmines, IEDs, and UXOs.
"Their advanced terrestrial intelligence capabilities align squarely with our autonomous drone and AI data solutions and technology roadmap.”
– Oshri Lugassy, Co-CEO, Ondas Autonomous Systems
ONDS’ stock has gained more than 200% this year and upwards of 770% over the past 12 months.
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