Ondas Holdings Inc. announced that the Israel Innovation Authority (IIA) has awarded a grant worth approximately $540,000 to support further development of its Iron Drone Raider counter-uncrewed aircraft system (UAS) owned by its wholly-owned subsidiary Airobotics LTD. ("Airobotics"). Earlier this year, Airobotics acquired the assets of Iron Drone, an Israel-based company specializing in the development of autonomous counter-drone systems. The Iron Drone Raider uses AI technologies to identify and intercept hostile drones and can be integrated into a variety of drone detection systems. The Raider physically intercepts small, hostile drones using an incredibly swift autonomous drone equipped with interception mechanisms and combined with a highly automated docking station capable of simultaneously addressing several hostile drone targets. The grant funds a development program that aims to enhance the system's capabilities for intercepting hostile drones in civil environments while minimizing collateral damage caused by GPS jamming and falling objects.