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Ondas and Centrus stock prices rise due to collaboration with Palantir
Investing.com – Ondas Holdings Inc (NASDAQ:ONDS) stock rose 7.2% on Wednesday after the company announced a strategic partnership with Palantir Technologies Inc. (NASDAQ:PLTR) and World View Enterprises to jointly develop AI-powered intelligence, surveillance, and reconnaissance capabilities.
The collaboration will integrate Palantir’s AI platform with Ondas’ autonomous aerial and ground systems and World View’s Stratollite high-altitude balloon platform to create a multi-domain ISR architecture. The partnership aims to provide unified command and control for ongoing ISR missions across stratospheric, aerial, and ground-based domains.
The three companies will develop three projects: Palantir Warp Speed for production management, AI Flight Director for mission operations, and SkyWeaver for edge computing capabilities. Integration is expected to begin as early as Q4 2026 within Ondas’ multi-domain product portfolio.
Eric Brock, Chairman and CEO of Ondas, said, “This partnership represents a significant step forward in building a scalable, software-defined ISR architecture capable of supporting next-generation multi-domain operations.”
The partnership builds on Ondas’ recent strategic investment and collaboration agreement with World View. These combined capabilities aim to provide continuous sensing and rapid response for defense, homeland security, and allied security customers.
Additionally, Centrus Energy (NYSE:LEU) stock rose 6.4% after announcing a partnership with Palantir to deploy AI-driven software in its uranium enrichment expansion project in Piketon, Ohio. Since the partnership began in late January, the companies have identified nearly $300 million in potential cost savings.
Evercore ISI analyst Nicholas Amicucci reaffirmed a “Outperform” rating and a $390.00 target price for Centrus Energy Corp. (NYSE:LEU). The analyst commented, “Earlier today, Centrus continued the momentum from its partnership announcement, revealing a milestone strategic partnership with Palantir to deploy AI-driven software in its multi-billion-dollar Piketon enrichment expansion project. Since signing the recent agreement in January, early work has identified nearly $300 million in potential cost savings, and importantly, this is just the ‘tip of the iceberg.’”
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