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WEST PALM BEACH, Fla. - Ondas Inc. (NASDAQ:ONDS) announced today the launch of ONBERG Autonomous Systems, a joint venture with HD Advanced Technologies, a subsidiary of Heidelberger Druckmaschinen AG.
The joint venture has commenced operations at Heidelberg’s facility in Brandenburg an der Havel, Germany. The facility will serve as a hub for production, development, and deployment of integrated drone defense systems, according to a press release statement.
The launch included a demonstration attended by government officials and industry leaders, showcasing the joint venture’s autonomous drone defense systems. The systems are designed to provide protection for critical infrastructure through detection and interception capabilities.
"ONBERG is a major step toward localizing advanced autonomous defense capabilities in Europe," said Eric Brock, Chairman and CEO of Ondas. "Together with Heidelberg, we are combining proven technology with German industrial scale and execution to deliver mission-ready autonomous drone systems from Brandenburg to customers across Europe and international markets."The announcement comes as Ondas shares trade at $9.40, with the stock delivering a remarkable 975% return over the past year. The company’s market capitalization now stands at $4.53 billion, though it remains unprofitable with revenue of $50.73 million in the last twelve months.
Jürgen Otto, CEO of Heidelberger Druckmaschinen AG, stated that Brandenburg an der Havel will become a hub for autonomous drone defense production, building on Heidelberg’s engineering expertise.
The joint venture will initially focus on Germany and Ukraine, with plans to expand sales, manufacturing, and deployment across Europe. The systems are designed for use in protecting energy infrastructure, transportation hubs, and national security assets.
ONBERG’s solutions are built on Ondas Autonomous Systems’ technologies, including AI-driven detection and autonomous interception platforms. The systems are designed for continuous operation and integration into existing security frameworks.
Ondas Inc. provides autonomous systems and private wireless solutions through its Ondas Autonomous Systems business unit and Ondas Networks division.For deeper insights into Ondas’s financial health and growth prospects, investors can access the comprehensive Pro Research Report on InvestingPro, one of 1,400+ US equities covered with expert analysis and actionable intelligence.
In other recent news, Ondas Inc. announced it received a significant order valued at approximately $68 million for heavy engineering vehicles through its subsidiary, INDO Earth Moving Ltd. This order marks the first phase of a previously announced $140 million multi-year strategic procurement program, with initial deliveries expected in the fourth quarter of 2026. Additionally, Ondas Inc. has completed its acquisition of World View Enterprises, enhancing its portfolio with World View’s Stratollite platform, which offers high-altitude sensing capabilities for extended missions. Following this acquisition, Ondas filed a prospectus supplement with the U.S. Securities and Exchange Commission to register the potential resale of 881,131 shares and an additional 4,400,561 shares of its common stock. These shares were previously issued to stockholders as part of the World View acquisition. Furthermore, Ondas filed another prospectus supplement to cover the resale of 1,928,532 shares related to its acquisition of Sentry CS Ltd., an Israel-based company. These developments highlight Ondas Inc.’s ongoing strategic activities and financial maneuvers in the market.
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