Ondas Holdings Makes Strategic Investment in Rift Dynamics

Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of private industrial wireless networks and autonomous drone and data solutions through its Ondas Networks and Ondas Autonomous Systems business units, today announced a strategic investment in Rift Dynamics AS, a Norway-based defense technology company specializing in affordable, mass-producible combat drone systems. Through this partnership, American Robotics will exclusively introduce and distribute Rift’s Wåsp platform to the U.S. defense market.

“Rift’s mission to deliver high-performance, low-cost attritable drone systems at scale for the European Union and NATO aligns perfectly with the global demand for affordable, operationally effective platforms,” said Eric Brock, CEO of Ondas Holdings. “We’re proud to support this effort and bring these capabilities to the U.S. defense market. Knut Roar Wiig and the team at Rift have built an exceptional platform in the Wåsp, engineered for scale, reliability, and mission impact. We look forward to supporting Rift’s growth and helping deliver this critical capability to our defense partners in the United States.”

The Wåsp is a multirole, combat-ready multicopter platform designed for attritable applications with support for modular payloads, BVLOS missions, and advanced autonomy. Tested by the Norwegian Army and built to meet NATO interoperability, EASA C2, and Military Open 1A standards, the Wåsp offers scalable production variants that include AI vision and swarm functionality. Rift’s existing customer bases includes the Norwegian Army and Nammo, a leading European ammunition provider. To support customers and American Robotics, Rift 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. This industrial readiness enables Wåsp to be deployed rapidly to meet pressing operational requirements. American Robotics has agreed to place an initial order for 500 Wåsp units.

“We developed the Wåsp to meet the critical operational requirements of European defense and security forces by delivering an affordable, high-performance, and scalable drone system,” said Knut Roar Wiig, CEO of Rift Dynamics. “Alongside the platform, we’ve built a resilient and scalable supply chain across Europe to ensure rapid availability at volume. With Ondas and American Robotics as partners, we’re now positioned to bring this capability to new markets and allied defense customers.”

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. The partnership also positions American Robotics to meet the urgent demand in the U.S. for scalable, low-cost attritable drone systems by offering the Wåsp platform as part of its growing portfolio of advanced unmanned systems. Through exclusive U.S. distribution rights, American Robotics is already active in bidding for Department of Defense programs and expects initial availability for delivery by October. Ondas’ Eric Brock is expected to join the Rift Dynamics Board of Directors upon closing of the investment and partnership agreement.