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Barchart
Barchart
Sristi Suman Jayaswal

Why BlackRock Is Betting Big on Ondas Stock Now

Big institutional investments often shine a spotlight on companies that many investors may have overlooked. That’s exactly what happened after BlackRock (BLK) disclosed a new 7.2% passive stake in Ondas (ONDS) through a Schedule 13G filing with the United States Securities and Exchange Commission, revealing ownership of 38.1 million shares.

The move has put the spotlight back on Ondas, a company developing autonomous systems and advanced technology products for defense and industrial markets – two sectors drawing growing investor interest. The timing is particularly interesting.

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