Ondas Inc.
(NASDAQ:ONDS) and RSE Ventures have co-led a strategic investment in FPF Defense, a defense technology company developing autonomous counter-drone systems, the companies announced Friday.
Financial terms were not disclosed.
The investment will support development of FPF's SmartFlak counter-unmanned aerial system, which uses the Hammerhead autonomous interceptor to target Shahed-class one-way attack drones.
FPF said the system is designed to address the cost gap between low-cost attack drones and traditional missile interceptors.
