Prominent excerpts from a new Ynet article on David Barnea's appointment as chairman and president of $ONDS and a few other interesting things:
π "It can be assumed that the main reason for the appointment is Barnea's ability to open doors in military headquarters and defense ministries of many Western countries β among other things, who wouldn't want to meet with the former head of the Israeli Mossad?"
π "In a conversation with Ynet about a month ago, Patrick Houston, the company's Chief Operating Officer (COO) and General Counsel, said that the company's uniqueness compared to large, established companies is the rapid development pace, adapted to the current demands of customers."
π "We take excellent technologies, tested on the battlefield, but we don't stop there β we combine all these technologies together, so that they communicate with each other, share information, so that the whole is greater than the sum of its parts, we also have a very strong partnership with Palantir and we leverage it β and as a public American company, we have access to the American stock market, something many other companies do not enjoy."
π Zvika Yarom, who previously served as head of the land division at Elta Systems, a subsidiary of Israel Aerospace Industries, has been appointed as head of Ondas's land and advanced systems division.
π "Ultimately β Ondas conveys the impression of an American company when it addresses customers in the US defense industry, a European impression towards customers in Europe, thanks to the German company ONBERG Autonomous Systems, which it controls β and in Israel, it is perceived as a very Israeli company, thanks to all the Israeli executives employed there, which has already led to a series of deals with the Ministry of Defense."
π "The concern in the Israeli defense industry regarding Ondas's rapid expansion in the Israeli defense system is understandable β with the help of the Israeli defense experts it recruited, and with the money from American investors, it has built an amazing network of companies that provides all the needs of the modern battlefield β it still does not reach the transaction volumes of the large aerospace and defense companies in Israel or the US β but it is on its way there."
We are monitoring π