Ondas Inc. (ONDS) to Acquire World View Enterprises, Inc.

Ondas Inc. (NASDAQ:ONDS) is one of the best strong buy stocks to invest in under $20. Ondas Inc. (NASDAQ:ONDS) announced on March 23 its entry into a definitive agreement to acquire World View Enterprises, Inc., with the transaction building on the companies’ previously announced $10 million strategic investment and partnership agreement. World View Enterprises, Inc. is a leader in high-altitude balloon intelligence, surveillance, and reconnaissance (ISR) and stratospheric remote sensing.

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Management stated that the acquisition will unite Ondas Inc. (NASDAQ:ONDS) and World View around a “shared and highly complementary vision for a unified, multi-domain, AI-powered intelligence architecture”. The two companies would bring stratospheric persistence and tactical autonomy together, aimed at advancing an integrated intelligence platform spanning stratosphere, air, and land, designed to meet the rapidly evolving needs of defense, homeland security, allied governments, and critical infrastructure operators.

Eric Brock, Chairman and CEO of Ondas Inc. (NASDAQ:ONDS), stated that the partnership will help accelerate the company’s systems-of-systems roadmap by extending its architecture into the stratosphere, adding long-endurance, wide-area persistence to its layered ISR strategy across air and ground domains.

Ondas Inc. (NASDAQ:ONDS) develops, markets, and sells wireless radio systems for secure, wide-area mission-critical business-to-business networks. The company’s operations are divided into the Ondas Networks and Ondas Autonomous Systems segments.

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