Israeli Firm Ondas Secures $56 Million European Deal for Loitering Munitions Systems
Translated & summarized from Maariv by baba
The story in 5 lines · by baba
- Ondas received a $56 million order for electronic safe and arm devices.
- The order is for loitering munitions systems in Europe.
- The deal represents a significant expansion into the precision strike market.
- The company recently acquired Bron Technologies and GATE Technologies.
- The systems are critical for safety and require high standards.
Israeli defense technology company Ondas announced a significant $56 million order for its electronic safe and arm devices (ESAD) for loitering munitions systems, marking a major expansion into the European market. The company stated the order is a "significant milestone" in its precision strike activities and enhances its participation in the rapidly growing market for loitering munitions and next-generation precision weapon systems.
Erick Brock, Chairman and CEO of Ondas, highlighted the order as crucial for their precision strike operations, emphasizing the increasing importance of precision strike and autonomous systems for global defense clients. He added that the company's strategy involves providing unique technologies that support large-scale production and operation, positioning Ondas to capitalize on growing investments in autonomous and precision weapon systems.
Oshri Lugassi, Co-CEO of Ondas Autonomous Systems, noted the importance of electronic safety, arming, and fuze technologies within Ondas's precision strike portfolio. He explained that as loitering munitions production scales up, there is a greater need for certified, reliable, and mass-producible technologies, which Ondas is now better equipped to provide.
The order was facilitated through Bron Technologies, which Ondas recently acquired along with GATE Technologies, as part of its expansion into precision strike and autonomous systems. Bron provides manufacturing and certification support in Europe, while GATE develops the ESAD and electronic fuze technologies. GATE's VP Sales, Gal Geva, stated the contract reflects the strong positioning of their fuze systems in NATO markets and the continued trust from key clients post-acquisition.
The deal underscores the commercial potential of these capabilities for Ondas, strengthening its ability to engage in major precision strike and autonomous systems programs in Europe and other allied markets. The ESAD systems are critical safety components requiring suppliers to meet stringent engineering, certification, reliability, and manufacturing consistency standards.
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