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Benzinga
Benzinga
Business
Alex Perry

Ondas Holdings Stock Is Hitting New 52-Week Highs Today: Here's Why

Ondas ONDS Drone United States
Drone-Photo via Shutterstock

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) are soaring Thursday after the autonomous drone infrastructure company said it placed a significant purchase order.

What To Know: Ondas announced that it placed its initial order of 500 Wåsp drones from Rift Dynamics, a Norwegian drone company, to launch U.S. defense market distribution through its American Robotics subsidiary.

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