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Benzinga
Benzinga
Politics
Anusuya Lahiri

Ondas Scoops Contract For North American Rail Lab

  • Ondas Holdings Inc (NASDAQ:ONDS) subsidiary Ondas Networks won a radio system order to implement the North American Rail Lab. The financial terms were not disclosed.
  • The Rail Lab, hosted at Ondas Networks headquarters in Sunnyvale, CA, serves multiple purposes. 
  • Notably, the lab is focused on multiple frequency bands and networks beyond the 900 MHz that Ondas is targeting for commercial deployment.
  • Ondas is a private wireless, drone, and automated data solutions provider through subsidiaries Ondas Networks and American Robotics.
  • Price Action: ONDS shares traded higher by 3.59% at $6.63 on the last check Tuesday.
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