Ondas Inc lands $20 million border drone order, taps McKinsey veteran in defense push
Ondas Inc’s Airobotics unit received a $20 million initial order to start work on a national autonomous border-protection program, launching rapid development and phased deployment. The company added McKinsey senior partner David Chinn to its Ondas Autonomous Systems board. Ondas shares traded at $10.49, giving it a $2 billion valuation. The government customer for the border project was not disclosed.