Ondas Partners With Palantir to Scale Autonomous Drone Systems; Ondas Shares Rise
Ondas (ONDS) shares were up sharply Tuesday morning after the company said its Ondas Autonomous Systems unit has partnered with Palantir Technologies (PLTR) to use Palantir's Foundry platform to support the global expansion of its autonomous drone systems.
Ondas shares soared 18% on the news.
The company said it will integrate the Foundry platform into its operations to manage supply chains, production, sales, and customer engagement as it scales its Optimus System and Iron Drone Raider platforms.
The partnership also opens opportunities for future technology collaborations between the companies, Ondas said.
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