By Robotics 24/7 Staff · July 5, 2022
Ondas Holdings Inc. today announced that it has signed a term sheet to acquire Airobotics Ltd., adding it to its American Robotics Inc. unit for drone data collection. Ondas said it expects the merger or acquisition to complement American Robotics' systems, as well as expand the applications and markets it can serve.
“Airobotics' Optimus System is a sophisticated automated drone platform designed for high-value use cases in industrial, homeland security, and smart city services markets,” stated Eric Brock, chairman and CEO of Ondas. “The proposed acquisition of Airobotics will provide strategic technology, regulatory, and business capabilities to both American Robotics and Ondas Networks, opening new geographies and end markets and further strengthening our ability to deliver complete end-to-end solutions for customers on a global scale.”
“This opportunity demonstrates the leadership role Ondas Networks and American Robotics currently have in defining next-generation, mission-critical industrial data solutions and signals a new growth phase for the commercial drone sector,” he added.
Source: Robotics 24/7