(RTTNews) – Stock of Ondas Inc. (ONDS) is moving up about 18 percent on Monday morning trading following the company’s announcement to make a $10 million strategic investment in World View Enterprises, Inc.
The company’s stock is currently trading at $11.75, up 16.57 percent or $1.67, over the previous close of $10.08 on the Nasdaq. It has traded between $0.57 and $15.28 in the past one year.
Additionally, the companies announced they have entered into a partnership agreement that outlines a collaboration framework for the development of multi-domain and multi-modal intelligence, surveillance, and reconnaissance solutions for commercial and defense customers.
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