Ondas buys American Robotics for $70 million

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Wireless broadband company Ondas Holdings has acquired drone company American Robotics in a $70.6 million deal.

American Robotics’ Scout drone system was the first drone system to receive FAA regulatory approvals for autonomous flight.

For Ondas, the acquisition will help integrate its technology platforms and increase automation, data collection, and AI-powered analytics in industrial markets to improve maintenance, monitoring and operation of critical infrastructure.

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