BRIEF-Heidelberger Druckmaschinen Approves Joint Venture In Germany With Ondas Autonomous Systems

Ondas Holdings -3.28% Pre

Ondas Holdings

ONDS

9.14

9.16

-3.28%

+0.22% Pre

- HEIDELBERGER DRUCKMASCHINEN AG HDDG.DE:

  • APPROVES JOINT VENTURE IN GERMANY WITH ONDAS AUTONOMOUS SYSTEMS

  • ONDAS TO HOLD 51% OF JOINT VENTURE; HEIDELBERG TO HOLD 49%

  • JOINT VENTURE TO BEGIN WITH MARKETING OF ONDAS PRODUCTS IN GERMANY AND UKRAINE

  • ONBERG TO USE HEIDELBERG'S BRANDENBURG SITE AS CENTER OF EXCELLENCE FOR DRONE DEFENSE

Source text: ID:nEQ8v4qnya

Further company coverage: HDDG.DE