Ondas Holdings Inc. ONDS stock surged on Tuesday after the company’s subsidiary, Ondas Autonomous Systems (OAS), inked a strategic deal with Palantir Technologies Inc. PLTR.
The collaboration aims to strengthen operational capabilities and drive the worldwide adoption of autonomous systems.
By integrating Palantir’s Foundry platform, Ondas will unify data, streamline workflows, and scale its Optimus and Iron Drone platforms.
By leveraging Foundry, Ondas will enhance real-time decision-making across key functions such as customer engagement, sales, marketing, production, supply chain, and field support.
The platform will play a crucial role in expanding a U.S.-based supply chain for Optimus and Iron Drone while enabling Ondas to scale its autonomous solutions for aerial security and intelligence in defense, security, and public safety sectors.
Eric Brock, Chairman and CEO of Ondas, said, “As we deploy our Optimus and Iron Drone platforms, Foundry’s AI-driven insights will allow us to optimize supply chain, production workflows, and customer engagement strategies, ensuring we deliver exceptional value to both commercial and military clients.”
Kevin Kawasaki, Global Head of Business Development at Palantir, stated, “Foundry’s ability to integrate siloed data sources and enable real-time analytics will empower Ondas to make faster, data-driven decisions, ensuring their customers-across industries and defense-operate with greater efficiency and resilience.”
Price Action: ONDS shares are up 23.5% at $0.8976 at the last check Tuesday.
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