No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, August 25, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Ondas wins $10m tender to clear mines in Israel

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 2 mins read
A A
Ondas wins m tender to clear mines in Israel
Share on FacebookShare on TwitterShare on LInkedIn



US company Ondas Holdings (Nasdaq: ONDS) announced today that its subsidiary 4M Defense has received an $10 million order as part of the recently announced $50 million demining program related to the $1.7 billion Eastern Border Security Barrier initiative, which includes Jordan and Syria, led by Israel’s Ministry of Defense. Last month Ondas acquired the final 30% of 4M Defense, which it now fully owns and also hired senior figures from Israel’s defense establishment.

The award represents the initial phase of execution under the recently announced tender and expands Ondas’ active demining operations. The contract is part of a broader border security initiative led by the Ministry of Defense, where large-scale land clearance is needed to support development of infrastructure along Israel’s eastern border, including the evacuation of minefields to enable construction of a new security fence system.

The clearance will be carried out using 4M Defense’s integrated intelligence platform, which includes autonomous ground robotics, drone-based mapping, advanced sensing technologies and AI-based data processing. This combination enables systematic scanning, identification and clearance of hazardous areas, while reducing operational risks and improving schedules compared to traditional methods.

With execution now underway, the Eastern Border Security Barrier includes additional stages that will receive approval based on progress on milestones. This is in addition to the $30 million Israel-Syria Border Demining Project announced in March, for which Ondas received a $15.8 million order. This contract, through which 4M Defense will clear mines from 3,000 dunams (750 acres) along the Israel-Syria border, includes the potential for an additional $30 million in follow-on orders in the coming years, representing a program value of up to $60 million.

Ondas chairman and CEO Eric Brock said, “We now have two active land clearing programs underway with 4M Defense with approximately $80 million in aggregate value. These are multi-phase programs with defined expansion pathways, providing both near-term revenue visibility and the potential to grow into larger, long-duration engagements. As governments prioritize border security and infrastructure development, we are positioning Ondas to capture a growing share of this market with proven, deployable solutions.”

Ondas Autonomous Systems co-CEO Oshri Lugassy added, “These programs validate our ability to execute at scale and reinforce the role of 4M Defense within the broader Ondas platform. We are establishing a repeatable operating model for large-scale demining that can be deployed across additional programs and geographies, supported by integrated systems of systems capabilities that bring together aerial intelligence, ground robotics, and advanced sensing into a unified framework.”

Published by Globes, Israel business news – en.globes.co.il – on April 20, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: 10MClearIsraelminesOndastenderWins
ShareTweetShare
Previous Post

Psychology says people who keep adjusting their personality to suit the room aren’t socially skilled — they’re exhausted, and they’ve been exhausted since childhood

Next Post

Artemis Raises $55M to Cut Security Response Times by 94% Through Autonomous Investigation – AlleyWatch

Related Posts

edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

by TheAdviserMagazine
August 8, 2026
0

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and...

edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

by TheAdviserMagazine
August 8, 2026
0

First, they won in New York. Then they took Maine, Colorado, and Michigan. And now, the next battleground for the...

edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by TheAdviserMagazine
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

edit post
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by TheAdviserMagazine
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

edit post
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by TheAdviserMagazine
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

by TheAdviserMagazine
August 7, 2026
0

Ida Huddleston has lived on the same stretch of farmland outside Maysville, Ky., since she was 16. She and her...

Next Post
edit post
Artemis Raises M to Cut Security Response Times by 94% Through Autonomous Investigation – AlleyWatch

Artemis Raises $55M to Cut Security Response Times by 94% Through Autonomous Investigation – AlleyWatch

edit post
Hot Stocks: KW 16 / 2026 – Welche Top-Aktien jetzt auf deine Watchlist gehören!

Hot Stocks: KW 16 / 2026 – Welche Top-Aktien jetzt auf deine Watchlist gehören!

  • Trending
  • Comments
  • Latest
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Montana Puts Democrats in a Bind as Senate Hopes Fade

Montana Puts Democrats in a Bind as Senate Hopes Fade

August 2, 2026
edit post
New Jersey’s PAS-1 Application Opens the Door to Three Senior Tax Relief Programs

New Jersey’s PAS-1 Application Opens the Door to Three Senior Tax Relief Programs

July 31, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.