Ondas Wins New Aviation Radio Permit

Ondas Holdings Inc ONDS subsidiary Ondas Networks Inc's Mercury Radio got authorized for use in the nationwide licensed 450 MHz Air-Ground frequency band.
The new radio conforms to the lower transmit power allowed by the FCC waiver for the licensed Air-Ground Frequency Band.
Ondas is a leading provider of private wireless, drone, and automated data solutions through its subsidiary Ondas Networks and American Robotics, Inc.
"Our field-tested command and control ("C2") capabilities, along with our support for multiple licensed frequencies, will provide operators throughout the drone ecosystem with a new option in the 450 MHz band and other bands supporting air-to-ground communication," CEO Eric Brock said.
Price Action: ONDS shares traded higher by 1.02% at $7.94 in the premarket session on the last check Tuesday.