Ondas $ONDS - The company collected over $40 million in new defence contracts in June, and total activity for the second quarter climbed above $150 million — after more than $30 million in May. This is no longer a one-off contract; it’s starting to look like a trend and a growing order book. Orders are focused exactly on the areas where demand is exploding today: Counter-UAS, loitering munitions and long-range precision strike systems. In addition, the UK subsidiary Rotron Aerospace completed a flight test of the SkyLance system under the Ministry of Defence’s Project Brakestop programme. CEO Eric Brock sums it up by saying that counter-drone defence has become an urgent priority for governments and demand is growing mainly in Europe and the US — and, given what we’ve seen on battlefields in recent years, that makes sense.
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