Jim Cramer on Ondas: “I’m Going to Have to Take a Pass”

“I mean, that happening is conscionable a, look, I presumption that arsenic a cats and canine thing, to beryllium honest. I cannot, wow, that 1 is simply a truly analyzable stock… I’m going to person to instrumentality a pass.”

Source: Ondas Holdings Inc. Press Release

Ondas Holdings Inc. (NASDAQ:ONDS) provides wireless connection and drone solutions, including AI-powered drones, counter-drone systems, and unafraid connectivity platforms. On December 18, the institution announced that it has has completed the acquisition of Roboteam Ltd., a planetary supplier of rugged tactical unmanned crushed vehicles (UGVs) for explosives disposal, intelligence, surveillance, reconnaissance, and hazardous-environment missions. Roboteam’s combat-proven UGVs are utilized by subject and information forces successful implicit 30 countries, including the U.S. Marine Corps and the Israeli Ministry of Defense. Ondas Holdings Inc.’s (NASDAQ:ONDS) CEO, Eric Brock said:

“Roboteam brings a respected lineup of tactical UGVs, established relationships with defence customers, and a beardown engineering culture. Together, we are expanding our quality to present integrated autonomous solutions that amended ngo effectiveness and relation information crossed aerial and crushed domains.”

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.