Ondas Note Holder Purchases $4.1 million of Convertible Notes: Funds Primarily to Support Drone Business Expansion and Build Inventory to Meet Growing Demand
1. Ondas secures $4.1 million investment for autonomous systems growth strategy. 2. Demand increased with $14.4 million in orders reported for Q3 2024. 3. Investment supports production of Optimus and Iron Drone Raider platforms. 4. Investment total could reach $34.5 million, enhancing corporate funding. 5. Future projections and updates expected in Q1 2025.