Ondas (ONDS) Note Holder Purchases Additional $11.5M of Convertible Notes

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Go back to Ondas (ONDS) Note Holder Purchases Additional $11.5M of Convertible Notes

Ondas Note Holder Purchases Additional $11.5 million of Convertible Notes: Funds to Drive Accelerated Expansion of Drone Business Including Focus on Defense Markets

December 16, 2024 8:32 AM EST

Investment to support the growth of Ondas Autonomous Systems (OAS) which has experienced substantial demand including $14.4 million in orders in Q3 2024

This represents the note holder's fourth investment in Ondas Holdings convertible notes, demonstrating their confidence in the Company's drone technologies and its ability to execute on substantial market opportunity

BOSTON, MASSACHUSETTS / ACCESSWIRE / December 16, 2024 / Ondas Holdings Inc. (NASDAQ: ONDS) ("Ondas Holdings" or the "Company"), a leading provider of private industrial wireless networks and... More