Ondas Holdings Inc. (ONDS), Wednesday announced that Ondas Autonomous Systems and Heidelberger Druckmaschinen AG has entered into negotiations to advance joint engineering, manufacturing, and deployment efforts across Europe.
Both the companies will sign a MoU, planning to jointly examine the establishment of European manufacturing and integration capacity across Ondas' autonomous systems portfolio, with focus on counter-UAV solutions and ISR systems.
"By combining industrial manufacturing capabilities of HEIDELBERG with OAS' proven autonomous technologies, we aim to localize production, shorten deployment timelines, and provide robust lifecycle support directly within Europe," said Oshri Lugassy, Co-CEO of Ondas Autonomous Systems.
Currently, Heidelberger's stock is trading at 2.09 euros, up 6.81 percent on the XETRA.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.