- Ondas subsidiary BIRD Aerosystems' Airborne Missile Protection System (AMPS) was installed on a Bombardier Global 7500 and received EASA certification, per Zacks.
- Ondas disclosed the EASA certification on October 13, per Quiver and Ad-hoc-news; the cluster contains no primary company or regulatory release confirming that date.
- BIRD Aerosystems' protection technologies are installed on more than 700 aircraft spanning over 40 aircraft types.
- Ondas secured more than $165 million in aggregate orders from late August through Oct. 1, bringing orders since June 30 to more than $270 million.
- ONDS rose 3.2% on Oct. 23; Quiver attributed the move to defense order momentum and about 228.5 million shares sold short, equal to 49.3% of float, rather than a fresh same-day catalyst.
- Established competitors Elbit Systems, Northrop Grumman and BAE Systems sell DIRCM and missile-warning systems that compete with AMPS.
Quotes
“Ondas Inc. ONDS is strengthening its position in the airborne defense and aircraft protection market”
“The move appears tied to continued investor interest in Ondas”