Ondas Holdings to Acquire American Robotics

May 17, 2021

Ondas Holdings Inc. entered into a definitive agreement to acquire American Robotics, a developer of FAA-approved autonomous commercial drone systems. The combination is intended to integrate American Robotics’ Scout System with Ondas’ FullMAX platform to deliver end-to-end industrial IoT (MC-IoT) solutions for markets including utilities and other critical infrastructure.

Buyers
Ondas Holdings Inc.
Targets
American Robotics, Inc.
Industry
IT Services
Location
United States
Transaction Type
Buyout

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