WALTHAM, MA and PETAH TIKVAH, ISRAEL / ACCESSWIRE / February 7, 2023 / Ondas Holdings Inc. (NASDAQ:ONDS) (“Ondas” or the “Company”), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary Airobotics, Ltd. (“Airobotics”) and Sky Go Transport of Goods L.L.C (“SkyGo”), a UAE-based company with commercial license to provide unmanned aerial transport of goods and services across the city of Abu Dhabi, have signed a Term Sheet for Joint Venture (the “SkyGo JV”) to provide aerial drone services to the city of Abu Dhabi. As a part of the partnership, Airobotics, subject to the finalization of required formalities, has received an initial multi-system purchase order for $3.5 million from SkyGo. The purchase order is conditioned by the completion of proof of concept.
Read more here.