Ondas to Acquire UK Drone Developer Rotron Aero, Shares Rise on Deal
Ondas Holdings Inc. announced a definitive agreement to acquire Rotron Aero, a UK firm focused on advanced unmanned aerial systems. The move adds long-range, attritable autonomous attack systems, propulsion know-how and command-and-control technologies to Ondas' defense offerings and prompted a 7.1% rise in Ondas shares on Monday. The transaction i…