Ondas Holdings (ONDS) announced that Ondas Networks has received a development order from Siemens Mobility (SIEGY) on behalf of MxV Rail, a wholly owned subsidiary of the Association of American Railroads. The order is for the design and development of a software-based "Network Controller." The Network Controller enables the Class 1 Railroads to optimize the use of their FCC-designated licensed frequencies within and across multiple frequencies, networks, railroads, and applications.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ONDS: