Ondas Shares Slip After $196.6M AI Defense Contract
Ondas Inc. stock slipped Thursday after the company wrapped up its $196.6 million all-stock deal to buy Omnisys Ltd. of Israel. The company aims to expand in AI battlefield software with the move. Shares last traded at $9.035, off 32.5 cents, or roughly 3.5%. Volume was around 24.4 million shares.