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Friday, Aug 8, 2025 8:33 am ET1min read
ONDS--
The Wåsp platform is a multirole, combat-ready multicopter designed for attritable applications. It supports modular payloads, beyond visual line-of-sight (BVLOS) missions, and advanced autonomy. The platform is tested by the Norwegian Army and built to meet NATO interoperability, EASA C2, and Military Open 1A standards [1].
Ondas plans to place an initial order for 500 Wåsp units, with initial availability for delivery expected by October. The partnership also positions American Robotics to meet the urgent demand in the U.S. for scalable, low-cost attritable drone systems. Eric Brock, CEO of Ondas Holdings, is expected to join the Rift Dynamics Board of Directors upon closing the investment and partnership agreement [1].
The strategic investment enables Ondas to localize Rift's European-developed technologies and supply chain capabilities in the U.S. in support of American NATO-aligned defense efforts. Rift's existing customer bases include the Norwegian Army and Nammo, a leading European ammunition provider. The company has developed a robust European supply chain and contract manufacturing capability, free from Chinese components, with the ability to produce over 20,000 units per month across three international sites within six months of order [1].
The Aircraft Autopilot System market is projected to grow significantly, with its size valued at USD 7.1 billion in 2025 and expected to reach USD 12.6 billion by 2033, registering a CAGR of 7.48% over the forecast period [2]. This growth is driven by advancements in flight control and automation, integrating technologies such as AI, enhanced sensors, and advanced data systems to improve flight safety and efficiency.
References:
[1] https://ir.ondas.com/press-releases/detail/223/ondas-holdings-makes-strategic-investment-in-rift
[2] https://www.globenewswire.com/news-release/2025/08/06/3128104/28124/en/Aircraft-Autopilot-Systems-Market-Outlook-to-2034-Autonomous-Flight-Capabilities-Transform-UAV-Operations.html
Ondas Holdings has made a strategic investment in Rift Dynamics, a Norway-based defense technology company specializing in affordable, mass-producible combat drone systems. The investment aims to bring Rift's Wåsp platform to the U.S. defense market, complementing Ondas' existing Autonomous Systems portfolio. Ondas plans to place an initial order for 500 Wåsp units and expects Eric Brock to join Rift's Board of Directors upon closing the agreement. The partnership aims to meet pressing operational requirements and deliver high-performance, low-cost drone systems at scale.
Ondas Holdings Inc. (NASDAQ: ONDS) has announced a strategic investment in Rift Dynamics AS, a Norwegian defense technology company specializing in affordable, mass-producible combat drone systems. The investment aims to introduce Rift's Wåsp platform to the U.S. defense market, complementing Ondas' existing Autonomous Systems portfolio.The Wåsp platform is a multirole, combat-ready multicopter designed for attritable applications. It supports modular payloads, beyond visual line-of-sight (BVLOS) missions, and advanced autonomy. The platform is tested by the Norwegian Army and built to meet NATO interoperability, EASA C2, and Military Open 1A standards [1].
Ondas plans to place an initial order for 500 Wåsp units, with initial availability for delivery expected by October. The partnership also positions American Robotics to meet the urgent demand in the U.S. for scalable, low-cost attritable drone systems. Eric Brock, CEO of Ondas Holdings, is expected to join the Rift Dynamics Board of Directors upon closing the investment and partnership agreement [1].
The strategic investment enables Ondas to localize Rift's European-developed technologies and supply chain capabilities in the U.S. in support of American NATO-aligned defense efforts. Rift's existing customer bases include the Norwegian Army and Nammo, a leading European ammunition provider. The company has developed a robust European supply chain and contract manufacturing capability, free from Chinese components, with the ability to produce over 20,000 units per month across three international sites within six months of order [1].
The Aircraft Autopilot System market is projected to grow significantly, with its size valued at USD 7.1 billion in 2025 and expected to reach USD 12.6 billion by 2033, registering a CAGR of 7.48% over the forecast period [2]. This growth is driven by advancements in flight control and automation, integrating technologies such as AI, enhanced sensors, and advanced data systems to improve flight safety and efficiency.
References:
[1] https://ir.ondas.com/press-releases/detail/223/ondas-holdings-makes-strategic-investment-in-rift
[2] https://www.globenewswire.com/news-release/2025/08/06/3128104/28124/en/Aircraft-Autopilot-Systems-Market-Outlook-to-2034-Autonomous-Flight-Capabilities-Transform-UAV-Operations.html
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