Ondas Holdings Inc. and RSE Ventures co-led a strategic investment in FPF Defense. Former Acting Secretary of Defense Christopher C. Miller leads the startup.
FPF Defense develops AI-enabled Hammerhead kinetic interceptors to counter low-cost drones. The system aims to reduce the cost per shot to tens of thousands of dollars.
Current defense strategies often use missiles costing millions of dollars to down inexpensive drones. This funding will accelerate U.S.-based production and development of the Hammerhead interceptor.
FPF Defense will relocate its headquarters to West Palm Beach, Florida. This move joins Ondas in an emerging regional defense-technology hub.