Began a position in drone company ONDS. Id have bought calls but IV was too high; ergo spot. Will buy 2 more tranches if we go lower on earnings in 3 days (I expect a miss). Notably, what is most attractive to me about @OndasHoldings is that the most recent financing was priced above market - 11.50 per combined unit (one share or a pre-funded warrant plus one common warrant). The common warrants carry a 20.00 strike, seven-year tenor & are exercisable only after shareholders authorize additional common. Thus, low risk of near term dilution or strong selling until we 3x minimum from here at 6. If you havent heard of Ondas, their business model is predicated on 3 service lines, #2 of which i'm particularly interested in seeing expanded. 1. Optimus System: A “drone-in-a-box” autonomous drone infrastructure system. This includes launch/air-base hardware, automated battery/payload change, fleets networked for 24/7 operation, beyond-visual-line-of-sight (BVLOS) capabilities, etc. 2. Iron Drone Raider: A counter-UAS (unmanned aerial system) platform designed to autonomously detect, intercept and neutralise hostile drones without GPS/Jamming. (Contract awarded last week: https://x.com/BSMInvests/status/1986929036384477222) 3. Full Supporting systems & services: The business models includes not just hardware, but often data-as-a-service, autonomous fleets, AI/analytics on the captured data, industrial/defense applications.(CryptoCondom)