Ondas Holdings

Ondas Holdings, Inc. engages in the development, marketing, and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks. Its products include FullMAX network, which gives end-to-end IP connectivity, allowing utilities to extend secure corporate networks into the far reaches of service territories. The company was founded in 2006 and is headquartered in Waltham, MA.

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Ondas Holdings reports Q4 revenue decline, eyes growth opportunities

Ondas Holdings faces challenges with revenue recognition timing and operational expenses but shows strength in technology deployments and partnerships.
The company's outlook for 2023 targets significant revenue growth and operational efficiency, supported by a backlog and confidence from management.
Opportunities in rail safety technology adoption, drone system deployments, and AI integration present avenues for growth and value creation.

Ondas Holdings reports record Q1 revenues, addresses cost efficiency

Ondas Holdings had a strong Q1 2023, focusing on revenue growth and cost efficiency.
Partnerships and deployments showcase technological advancements and market expansion.
Challenges in expenses and supply chain require attention for sustained growth.
Opportunities lie in revenue optimization, customer engagements, and communication strategies.

Ondas Holdings reports robust Q2 revenue growth and eyes expansion

Ondas Holdings delivered strong Q2 performance with notable revenue growth and a focus on strategic partnerships. While facing challenges like inventory shortages, the company is well-positioned for growth with opportunities in new markets and revenue expansion. Ondas' strengthened balance sheet and growth trajectory bode well for future success.

Ondas Holdings reports robust Q3 revenue and eyes 2024 growth

Ondas Holdings showcased strong revenue performance in Q3, with a positive outlook for 2024 and expectations of doubling revenue.
The company's unique offerings in the Counter-UAS market and expertise in wireless network deployment provide competitive strengths.
While facing operational challenges, Ondas is focused on growth opportunities in railroads, drone services, and global expansion.

Ondas Holdings reports record revenues, eyes drone market expansion

Ondas Holdings delivered strong financial performance in 2023, with record revenues and improved operating loss, positioning the company for future growth.
Strategic initiatives such as forming Ondas Autonomous Holdings and focusing on drone business expansion highlight a forward-looking approach to market opportunities.
While facing profitability challenges and awaiting key orders, Ondas Holdings remains optimistic about 2024, emphasizing growth prospects and market positioning.

Ondas Holdings faces revenue setbacks but showcases technological prowess

Ondas Holdings navigated challenges in Q1 2024 with revenue setbacks but showcased technological prowess and strategic growth initiatives. The company's focus on network upgrades, customer engagements, and market expansion presents opportunities for future success.
While facing financial challenges and uncertainties, Ondas Holdings remains confident in its technology platforms and commitment to delivering value to investors. Revenue mix favoring Autonomous Systems and strategic partnerships position the company for growth and market differentiation.
With a unique FCC-certified radio system, commercial successes with key orders, and growth projections for its platforms, Ondas Holdings is poised for revenue growth and market leadership. Leveraging opportunities in defense markets and global production expansion can drive future success.

Ondas Holdings faces revenue challenges but secures key contracts

Ondas Holdings navigated revenue challenges in Q2 2024 but achieved significant milestones in key subsidiaries.
Financially, the quarter saw a decrease in revenues and gross profit, prompting a strategic outlook for growth.
The company's focus on defense and security markets aligns with long-term growth opportunities and technological advancements.
Anticipated revenue recovery and operational improvements in the second half of 2024 signal potential for financial resurgence.

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Ondas Holdings, Inc. engages in the development, marketing, and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks. It operates through the Ondas Networks and Ondas Autonomous Systems segments. The Ondas Networks segment provides wireless connectivity solutions enabling mission-critical Industrial Internet applications and services. The Ondas Autonomous Systems segment designs, develops, and markets commercial drone solutions via the Optimus System and Scout System. The company was founded on December 22, 2014 and is headquartered in Boston, MA.

The Iron-Drone Raider System is a unique, AI-integrated interception drone system that enables the neutralization of hostile drones to protect borders and infrastructure The initial purchase order was received from a major defense company and is expected to be followed by additional orders in line with its integration process The Raider System was launched commercially last year and has been enhanced to meet certain military requirements for an autonomous counter-drone system MARLBOROUGH, MA / ACCESSWIRE / May 6, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that it has received an initial purchase order for its Iron-Drone Raider counter-uncrewed aircraft system (C-UAS) from an Israeli defense company. Ondas anticipates that this initial order, which was placed following a testing and integration process, will be followed by additional orders from this customer and others.

Ondas Secures Initial Purchase Order from a Major Defense Company for its Autonomous Counter-Drone System the Iron-Drone Raider

Intelligent drone network in Dubai demonstrates faster emergency response times, reliability, and the value of the Optimus System in public safety and homeland security applications, leading to growing interest from cities in the U.S. and around the world With the potential to grow to more than 20 systems in Dubai alone over the next couple of years, the Optimus System fleet has been extensively utilized by Dubai's local government entity, carrying out thousands of operational drone flights in densely populated areas Agreement is for support and maintenance and represents a contract renewal that has been expanded to cover the growing fleet of installed Optimus Systems in Dubai MARLBOROUGH, MA / ACCESSWIRE / May 1, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary Airobotics has signed an annual service agreement for the ongoing maintenance of the Optimus Systems purchased and operated by a local government entity in Dubai, United Arab Emirates (UAE). The new service agreement includes ongoing support services for the additional Optimus systems that were installed as part of the Optimus systems network across the city of Dubai.

Ondas Holdings' Airobotics Secures Service Agreement for Additional Optimus Drone Systems from Local Government Entity in Dubai, UAE

Ondas Holdings, Inc. ONDS] Q4 2023 Earnings Conference Call April 1, 2024 8:30 AM ET Company Participants Eric Brock - Chairman & CEO Yishay Curelaru - CFO Guy Simpson - President & COO, Ondas Networks Meir Kliner - President, Autonomous Systems Tim Tenne - CEO, American Robotics Conference Call Participants Glenn Mattson - Ladenburg Thalmann Tim Horan - Oppenheimer Carter Mansbach - Forte Capital Group Aditya Iyer - Northland Capital Matthew Galinko - Maxim Group Operator Welcome to the Ondas Holding Inc. fourth quarter and full year 2023 conference call. [Operator Instructions].

Ondas Holdings, Inc. [ONDS] Q4 2023 Earnings Call Transcript

Popolo is Ondas Holdings' largest shareholder with approximately 19% beneficial ownership MARLBOROUGH, MA / ACCESSWIRE / April 1, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announces the appointment of Joe Popolo to its Board of Directors. Mr. Popolo, recognized for his transformative leadership and strategic acumen, brings a distinguished track record of success to the Ondas team.

Ondas Holdings Appoints Joe Popolo to Board of Directors, Expanding Strategic Vision and Strengthening Leadership

Record 2023 revenues of $15.7 million, an increase of 638% over 2022, driven by commercial adoption of the Optimus System and record product revenues at Ondas Networks Q4 2023 revenues were $5.0 million, a 10-fold increase over 2022, a result of higher product sales and development revenue Continued commercial traction expected in both Ondas Networks and Ondas Autonomous Systems business units as Company scales its world-class technologies Company expects to generate significant revenue growth for the full 2024 year Conference Call Scheduled for Today at 8:30 a.m. ET MARLBOROUGH, MA / ACCESSWIRE / April 1, 2024 / Ondas Holdings Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, reported financial and operating results for the fourth quarter and the full year ended December 31, 2023.

Ondas Holdings Reports Fourth Quarter and Full Year 2023 Financial Results

Further establishing the Optimus System as the benchmark for reliability in BVLOS operations Ensuring the immediate detection and mitigation of adverse or off-nominal conditions for autonomous systems in the most intricate operations environments' MARLBOROUGH, MA / ACCESSWIRE / March 27, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary American Robotics Inc., is entering a strategic partnership with ResilienX Inc., a leader in data quality assurance and in-time aviation safety management systems (IASMS) for highly automated and autonomous systems. This collaboration advances the safety and reliability of autonomous systems, particularly those deployed for Beyond Visual Line of Sight (BVLOS) applications, and in intricate operational environments.

Ondas Holdings' American Robotics Enters Strategic Partnership with ResilienX

MARLBOROUGH, MA / ACCESSWIRE / March 13, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, will hold a conference call on Monday, April 1, 2024, at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023.

Ondas Holdings to Report Fourth Quarter and Full Year 2023 Financial Results on April 1, 2024 at 8:30 a.m. ET

Combined offering for global market with strengthened operational efficiency through the integration of Senhive's solutions into American Robotics' product portfolio Senhive's solutions have been implemented in more than 14 countries including one of the largest maritime ports in the world American Robotics has received an industry-leading FAA-approved BVLOS waiver, allowing it to operate its Optimus System in a complex environment, utilizing a ground-breaking suite of technologies for Detect and Avoid (DAA) Demonstrating real-world operational success in collaboration with MassDOT and Mass Maritime Academy MARLBOROUGH, MA / ACCESSWIRE / March 12, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly owned subsidiary American Robotics Inc. ("American Robotics") is proud to announce a strategic partnership with Belgium-based Senhive BV, ("Senhive") a leading provider of innovative airspace security solutions. This partnership represents a significant milestone for both companies, enhancing their product and service offerings and advancing safe and autonomous uncrewed aircraft systems (UAS) operations across defense, government, and commercial sectors.

Ondas Holdings' American Robotics Partners with Senhive to Elevate Autonomous UAS Operations Through Advanced Integration of Airspace Surveillance Systems

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Preliminary, unaudited 2023 record revenue from both its drone and industrial wireless networks businesses was a combined $15.7 million, a more than 7-fold increase over 2022; Q4 2023 preliminary, unaudited record revenue were $5 million, a 10-fold increase over Q4 2022 Investor group including Charles & Potomac Capital provides working capital to accelerate growth plan Ondas Autonomous Holdings (OAH) established to own Ondas' drone businesses MARLBOROUGH, MA / ACCESSWIRE / February 26, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas Holdings" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, provided preliminary financial results for the year ended December 31, 2023, which included record revenue of $15.7 million. The Company also announced that it has secured investments totaling $8.6 million from an investor group which included Charles & Potomac Capital (C&P), which previously led investments in Ondas in 2023.

Ondas Holdings Reports Record Preliminary Revenues of $15.7 million for 2023 and Secures $8.6 Million from Investor Group Including Charles & Potomac Capital

American Robotics and Airobotics are now wholly owned subsidiaries of Ondas Autonomous Holdings Inc. ("OAH") New corporate structure provides organizational flexibility to execute business plan leveraging OAH's industry leadership position in drone technology, markets, human capital, and regulatory expertise Huge opportunity for organic growth and to be a consolidator of leading technology developers and drone service providers offering the broadest set of undeniably scalable solutions for global markets MARLBOROUGH, MA / ACCESSWIRE / February 26, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that it has established Ondas Autonomous Holdings Inc. ("OAH"), as a new, wholly owned subsidiary. The newly created OAH is an intermediate holding company which now wholly-owns Ondas' subsidiaries American Robotics Inc. ("American Robotics") and Airobotics Ltd.

Ondas Holdings Establishes Ondas Autonomous Holdings to Own its Drone Businesses and Support Growth Plan

MARLBOROUGH, MA / ACCESSWIRE / February 20, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary American Robotics and the Massachusetts Department of Transportation Aeronautics Division (MassDOT Aeronautics) are holding an upcoming demonstration event in collaboration with Massachusetts Maritime Academy (MMA). The event aims to showcase the capabilities of the American Robotics' Optimus System in critical infrastructure applications and in maritime environments.

Ondas Holdings' American Robotics and Massachusetts Department of Transportation Aeronautics Division Partner with Massachusetts Maritime Academy to Showcase Optimus System in Critical Infrastructure Demonstration March 5-6th

Waiver highlights American Robotics' leadership in defining truly remote commercial drone operations in complex airspaces , enabling Small Unmanned Aircraft System (sUAS) operations beyond visual line of sight of the remote Pilot in Command (PIC) Pivotal moment for American Robotics and the future of autonomous drone technology, shaping a future where drones are indispensable tools for enhancing safety and efficiency in delivering aerial security and data services MARLBOROUGH, MA / ACCESSWIRE / February 14, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary, American Robotics Inc. ("American Robotics"), has received a waiver from the Federal Aviation Administration (FAA) allowing for remote drone operations Beyond Visual Line of Sight (BVLOS) in complex airspace, marking another milestone in its journey to unlock routine autonomous drone operations for infrastructural tasks. Together with the FAA Type Certification of the Optimus aircraft, American Robotics is planning to utilize this waiver to demonstrate and log its automated flight operations, for future progress with the FAA that will enable full drone autonomy based on its best-in-class drone technology and airworthiness levels.

Ondas Holdings' American Robotics Achieves Major Milestone with FAA Waiver for Optimus System Operations Beyond the Visual Line of Sight

Industrial application for Optimus System drone infrastructure in remote monitoring of fabrication facilities and overseeing the progress of large-scale construction operations The site, where Optimus has been deployed since 2016, is believed to be one of a select few globally where a fully automated aerial data capturing system is installed and seamlessly integrated into industrial facility operations and the national airspace, demonstrating Airobotics' expanded industrial/commercial market opportunities WALTHAM, MA / ACCESSWIRE / January 10, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly owned subsidiary Airobotics has received a purchase order from one of the world's largest semiconductor chip manufacturers to renew ongoing aerial security and data services. As part of this purchase order, Airobotics offers aerial security and data services using its Optimus drone infrastructure, which includes docking stations and drones capable of capturing diverse aerial data types.

Ondas Holdings' Airobotics Secures Purchase Order from One of the World's Largest Semiconductor Manufacturers for Drone Aerial Security and Data Services at Fabrication Facility in Israel

The Optimus System is expected to be one of the first commercial drones to be certified in the Green UAS program, verifying its compliance with the highest levels of cybersecurity and supply chain requirements of the National Defense Authorization Act (NDAA) The Green UAS program is administrated by the Association for Uncrewed Vehicle Systems International (AUVSI), in partnership with the Department of Defense and many state governments, with the purpose to enhance America's UAS technology base Green UAS compliant drones can transition to Blue UAS cleared list and be eligible for purchase by the U.S. Department of Defense WALTHAM, MA / ACCESSWIRE / January 2, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly owned subsidiary American Robotics Inc. ("American Robotics") has enrolled the Optimus System in the Green UAS program, a new program administered by the Association for Uncrewed Vehicle Systems ("AUVSI"). Through this program, and the related Trusted Cyber program, American Robotics will seek to certify the Optimus System as compliant with the highest levels of cybersecurity and supply chain requirements as outlined in the National Defense Authorization Act (NDAA).

Ondas Holdings' American Robotics Engaged in AUVSI's Green UAS Program to Certify Compliance with Highest Levels of Cybersecurity and Accelerate Adoption of Optimus System by U.S. Federal and State Agencies

WALTHAM, MA / ACCESSWIRE / December 4, 2023 / Ondas Holdings Inc. (NASDAQ:ONDS), ("Ondas", or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that the Company's CEO, Eric Brock, will present at the Oppenheimer 4th Annual 5G Summit: The Revolution Continues on Monday, December 11, 2023 from 9:20 - 10:00 AM ET. Investors attending the virtual conference may request a one-on-one meeting with management through Oppenheimer's portal or may contact Ondas directly at ir@ondas.com.

Ondas Holdings to Present at Oppenheimer 4th Annual 5G Summit: The Revolution Continues, on December 11, 2023

Mr. Tenne is Deputy Chairman for the American Bar Association (ABA) Administrative and Regulatory Section - Transportation Law Committee Panel discussion will include Deputy Chief Counsels for the various transportation modes within the United States Department of Transportation, and cover regulatory issues related to Aviation, Aerospace, and UAS-Drone Law in Transportation and Critical Infrastructure markets WALTHAM, MA / ACCESSWIRE / November 29, 2023 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that Timothy Tenne, CEO of its wholly-owned subsidiary, American Robotics and the Deputy Chairman of the American Bar Association's (ABA) Administrative and Regulatory Transportation Section, will be speaking at the ABA's upcoming annual Administrative Law Conference on Thursday, November 30, 2023 in Washington, DC. At this event, Mr.

American Robotics CEO, Timothy Tenne to Lead Panel Discussion on Drone Law at Upcoming Administrative Law Conference Sponsored by the American Bar Association

As a part of an agreement with the Massachusetts Department of Transportation Aeronautics Division, American Robotics will deploy an Optimus-1EX system featuring rail inspections, emergency response, and environmental monitoring applications The pilot program will take place in Massachusetts during November - December this year The Optimus system will operate remotely and autonomously, following American Robotics' receipt of an FAA waiver for beyond-visual-line-of-sight drone operations. Additional demonstrations at other locations in Massachusetts are planned WALTHAM, MA / ACCESSWIRE / November 27, 2023 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary American Robotics and the Massachusetts Department of Transportation Aeronautics Division (MassDOT Aeronautics) are ready to begin a multi-month pilot program and are planning demonstrations at additional locations in Massachusetts as a part of the 6-month proof-of-concept (POC) agreement signed between the parties earlier this year.

Ondas Holdings' American Robotics and MassDOT Aeronautics to Start a Pilot Program of the Optimus-1EX: the First FAA-Certified Data Capturing Drone System in the U.S.

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Ondas Holdings, Inc. (NASDAQ:ONDS ) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Eric Brock - Chairman, CEO, President & Interim CFO Stewart Kantor - Co-Founder & President, Ondas Networks Meir Kliner - President, Ondas Autonomous Systems Timothy Tenne - American Robotics CEO Conference Call Participants Timothy Horan - Oppenheimer Matthew Galinko - Maxim Group Operator Good day and welcome to the Ondas Holdings Inc, third quarter 2023 conference call. [Operator Instructions].

Ondas Holdings, Inc. (ONDS) Q3 2023 Earnings Call Transcript

$10.7 million in year-to-date revenues puts Ondas on track to meet prior revenue target of $15 million for the full year 2023 Record delivery of product shipments to Siemens drove Ondas Networks revenue to $2.4 million, a 60% Q-over-Q growth for the business unit Ondas Autonomous Systems (OAS) recently reported $ 2.6 million order for fleet expansion in Dubai reflecting increased demand in security and public safety markets Conference Call Scheduled for Today at 8:30 a.m. ET WALTHAM, MA / ACCESSWIRE / November 14, 2023 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, reported financial and operating results for the third quarter ended September 30, 2023.

Ondas Holdings Reports Third Quarter 2023 Financial Results

Airobotics teams are working with leading Israeli Defense contractors to enhance and upgrade the Iron Drone Raider with capabilities to serve the requirements of Israeli Defense and homeland security forces protecting ground forces and facilities against small hostile drones WALTHAM, MA / ACCESSWIRE / November 13, 2023 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary, Airobotics Ltd ("Airobotics"), is accelerating upgrades to its counter-UAS system, the Iron Drone Raider, to address the needs of the of Israeli Defense and homeland security forces during the current conflict in Gaza. Supported by major Israeli defense companies, Airobotics' teams are enhancing the interception system to meet specific defensive requirements rising from the field.

Ondas Holdings' Airobotics Accelerates Development of its Defensive Counter-UAS System, the Iron Drone Raider, to Meet Israel Defense Forces Requirements

News for Ondas Holdings Stock (ONDS)