@BMSInvests Might explain the departure... Because Ondas purchased companies that already possess active, massive prime contracts (such as Mistral’s $982 million U.S. Army program), Ondas no longer needs a standard CCO to hunt for new commercial clients.
@robinivski@BMSInvests Ondas bought sentrycs for 250 million, Motorola bought nearly the exact same tech for 1.5 billion. Basically every acquisition has come with contracts and backlog. Where are you seeing an overpay?
@creakyhunk@BMSInvests It's one of those grass is always greener things. If they did it all in a day and things dropped people would be screaming that they should do it in tranches. Bottom line market bled out today, the shares were not really a factor imo.
@SueWallSt@BMSInvests As others have said it was a standard tax event. What you've also left out is that the drone sector as a whole pulled back at that same time and companies like UMAC/RCAT had similar if not larger pullbacks that same day with no tax event to blame.
@BMSInvests@YoYInvestor All of this would support my theory that Anduril will be a partner more than a direct competitor for Ondas. Both run off Palantir and should be easily integrated. Ondas appears to be identifying niches that Anduril doesn't directly address in its stack. Stronger together.
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