Ondas Holdings Inc. (ONDS) saw its stock surge 5.05% in pre-market trading on Thursday, following the announcement of a strategic $35 million investment in Performance Drone Works (PDW), a leading manufacturer of combat robotics for the U.S. military.

The minority stake acquisition in PDW is aimed at scaling up production at the company's Huntsville, Alabama facility, expanding its engineering team, and securing a supply of domestically sourced, NDAA-compliant components. This move is expected to accelerate the development and deployment of advanced defense robotics, significantly strengthening Ondas' position in the autonomous defense technology sector.

Investors appear to be reacting positively to this strategic move, viewing it as a potential catalyst for Ondas' growth in the rapidly evolving defense technology market. The pre-market rally suggests that the market sees substantial value in this partnership, which could lead to increased revenue streams and market share for Ondas Holdings in the future.