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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Ondas Holdings secures military contracts, eyes revenue growth in Q4

Ondas Holdings showcased strong performance in securing military contracts and expanding its market presence. While facing challenges in production scalability and combat success, the company is optimistic about revenue growth in Q4 and beyond.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Ondas Holdings Inc. (NASDAQ:ONDS ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Eric Brock - Chairman and CEO Neil Laird - Interim CFO Guy Simpson - President & COO, Ondas Networks Meir Kliner - President, Autonomous Systems Conference Call Participants Mike Latimore - Northland Capital Markets Glenn Mattson - Ladenburg Thalmann Matthew Galinko - Maxim Group Timothy Horan - Oppenheimer Carter Mansbach - Forte Capitol Group Operator Welcome to the Ondas Holdings Inc., Third Quarter 2024 Conference Call. All participants will be in listen-only mode.

Ondas Holdings Inc. (ONDS) Q3 2024 Earnings Conference Call Transcript

Ondas Holdings Inc. (ONDS) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago.

Ondas Holdings Inc. (ONDS) Reports Q3 Loss, Tops Revenue Estimates

Q3 marks the largest bookings in Ondas' history $14.4 million in purchase orders were from a major military customer for the Iron Drone Raider and Optimus System autonomous drone platforms Iron Drone Raider is emerging as a best-in-class 'hard kill' counter drone solution addressing the urgent need for protection from hostile drones Order from Metra, Chicago's primary commuter rail system, for system-wide 900 MHz upgrade secured by partner Siemens Railroads communicate plans for general purpose 900 MHz network architecture to be deployed to support resilient rail operations Conference Call Scheduled for Today at 8:30 a.m. ET BOSTON, MA / ACCESSWIRE / November 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 through its Ondas Networks and Ondas Autonomous Systems (OAS) business units, reported financial and operating results for the three months ended September 30, 2024.

Ondas Holdings Reports Third Quarter 2024 Financial Results: Secures $14.4 Million in Drone Platform Purchase Orders in Q3

Funding accelerates development of new features for the Iron Drone Raider, an advanced drone interception system Need for effective defensive counter-drone solutions has never been greater Grant highlights Airobotics' innovation and valuable contributions to Israel's advanced aerospace sector, recognized globally for leadership in drone and interception technologies BOSTON, MA / ACCESSWIRE / November 7, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone solutions, today announced that the Israel Innovation Authority (IIA) has awarded a NIS 3.8 million (approximately $1 million) grant to support further development of its Iron Drone Raider counter-uncrewed aircraft system (UAS) owned by its wholly-owned subsidiary, Airobotics LTD.("Airobotics").

Ondas Holdings' Airobotics Secures $1 Million Grant from Israel Innovation Authority to Further Enhance Its AI-Driven Irone Drone Raider Counter-Drone System

BOSTON, MA / ACCESSWIRE / November 5, 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 Tuesday, November 12, 2024, at 8:30 a.m. Eastern Time to discuss its financial results for the third quarter ended September 30, 2024.

Ondas Holdings to Report Third Quarter 2024 Financial Results on Tuesday, November 12, 2024, at 8:30 a.m. ET

Direct investment in Ondas Autonomous Systems (OAS) backed by investment companies of Joe Popolo, Board Member of Ondas, and Eric Brock, CEO and Chairman of Ondas and OAS Initial investment to support OAS' substantial growth opportunity in providing unmanned aerial security and intelligence to defense, security and critical infrastructure and industrial markets BOSTON, MA / ACCESSWIRE / October 14, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas", "Ondas Holdings" 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 Ondas Autonomous Systems Inc. ("OAS") has entered into an investment agreement with a private investor group, including Charles & Potomac Capital, LLC ("Charles & Potomac") and Privet Ventures LLC ("Privet Ventures"), for an investment of $3.5 million in convertible notes of OAS. The investment in OAS will support OAS' business expansion plan and deliver on the substantial growth opportunity in the defense, security, and critical infrastructure and industrial markets targeted by OAS' Optimus and Iron Drone autonomous drone platforms.

Ondas Secures $3.5 million Investment in Ondas Autonomous Systems in Transaction Led by Ondas Chairman and CEO Eric Brock and Board Member Joe Popolo

Nottelmann has extensive experience introducing new technology into railroad markets and an accomplished background as a strategic financial and operating executive Nottelmann will assist in accelerating Ondas Networks' commercial activities with railroad customers and partners, as well as strategic financial matters BOSTON, MA / ACCESSWIRE / October 8, 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 Markus Nottelmann has joined the Company as Senior Advisor, focusing on commercial development and strategic activity for Ondas' wholly-owned subsidiary Ondas Networks Inc. ("Ondas Networks"), where he will also serve as a board member. Mr. Nottelmann is an accomplished executive and brings a wealth of experience through holding various financial and operating roles including leadership positions with Sperry Rail Service and Acuren Inspections, both subsidiaries of Rockwood Holdings, LP, as well as Furmanite Inc. and DMA S.r.l.

Markus Nottelmann Joins Ondas Holdings as a Senior Advisor Focused on Ondas Networks Initiatives

Ondas' purchase orders received during third quarter 2024 now total $14.4 million, including $9.0 million in orders for the Iron Drone Raider Optimus Systems will be deployed by a major defense customer to assist in critical asset protection and aerial border security Order signifies the further adoption of Ondas' portfolio of autonomous drone platforms in the global defense sector, with the Optimus System joining the Iron Drone Raider for deployment in military security operations The Optimus System is a military grade autonomous platform uniquely capable of persistent remote operations in harsh complex aerial environments including with limited access to GPS and wireless connectivity MARLBOROUGH, MA / ACCESSWIRE / September 30, 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 LTD ("Airobotics"), has received a $5.4 million order for the delivery of multiple Optimus Systems from a major defense customer intended for critical asset protection and border security. The Optimus System has been extensively utilized by various governmental and commercial customers worldwide, carrying out thousands of operational drone flights without human intervention under challenging environmental conditions and in densely populated areas.

Ondas Holdings' Airobotics Secures $5.4 Million Purchase Order from a Major Defense Customer for the Optimus System, a Fully Autonomous Unmanned Aerial Surveillance Platform

Marks largest order ever for the Iron Drone Raider systems and a significant milestone in Ondas Autonomous Systems Inc (OAS) business unit's expansion Anticipating further growth with military and security customers worldwide, as Iron Drone's capabilities are utilized and demonstrated in live security operations through this purchase order Ondas believes the Iron Drone Raider system is one of the most innovative and promising technologies in the counter-drone market, featuring autonomous capabilities and cost-effective interception with minimal collateral damage MARLBOROUGH, MA / ACCESSWIRE / September 9, 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 the receipt of an $8.0 million purchase order directly from a major military customer to supply multiple Iron Drone Raider systems. The order includes Raider systems, associated elements and infrastructure, and supporting services for aerial protection against hostile drones.

Ondas Receives $8.0 Million Purchase Order for Iron Drone Raider Systems from Major Military Customer for Aerial Protection Against Hostile Drones

MARLBOROUGH, MA / ACCESSWIRE / August 30, 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 through our Ondas Networks and Ondas Autonomous Systems (OAS) business units, today announced that it has closed its previously announced offering of 5,333,334 units of the Company, with each unit consisting of one share of common stock, one Series A warrant to purchase one share of common stock, and one Series B warrant to purchase one share of common stock. Each unit was sold at a public offering price of $0.75, for gross proceeds of $4.0 million (the "Offering"), before deducting commissions and offering expenses.

Ondas Holdings Announces Closing of $4.0 Million Registered Direct Offering

BALTIMORE, MD / ACCESSWIRE / August 29, 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 host an Investor Day and webinar on Thursday, September 12, 2024. The events will focus on the Company's Ondas Autonomous Systems (OAS) business unit.

Ondas Autonomous Systems to Hold Investor Day at American Robotics' Maryland Headquarters Featuring Drone Systems Demonstrations and Webinar

MARLBOROUGH, MA / ACCESSWIRE / August 28, 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 through our Ondas Networks and Ondas Autonomous Systems (OAS) business units, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 5,333,334 units of the Company, with each unit consisting of one share of common stock, one Series A warrant to purchase one share of common stock, and one Series B warrant to purchase one share of common stock. Each unit was sold at a public offering price of $0.75, for gross proceeds of $4.0 million (the "Offering"), before deducting commissions and offering expenses.

Ondas Holdings Announces Pricing of $4.0 Million Registered Direct Offering

Ondas Holdings Inc. (NASDAQ:ONDS ) Q2 2024 Earnings Conference Call August 14, 2024 8:30 AM ET Company Participants Eric Brock - Chairman & CEO Neil Laird - Interim CFO Guy Simpson - President & COO, Ondas Networks Meir Kliner - President, Autonomous Systems Tim Tenne - CEO, American Robotics Conference Call Participants Glenn Mattson - Ladenburg Thalmann Matthew Galinko - Maxim Group Operator Welcome to the Ondas Holdings, Inc. Second Quarter 2024 Conference Call. All participants will be in listen-only mode.

Ondas Holdings Inc. (ONDS) Q2 2024 Earnings Call Transcript

Ondas Holdings Inc. (ONDS) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.18 per share a year ago.

Ondas Holdings Inc. (ONDS) Reports Q2 Loss, Tops Revenue Estimates

Ondas secures initial purchase orders for Iron Drone Raider from a global defense company and a major military customer Major military customer places additional purchase order to expand the initial Iron Drone program, as announced earlier today American Robotics secures key contract with United States Coast Guard for maritime emissions monitoring to support EPA Clean Ports initiatives Iron Drone Raider is emerging as a best-in-class 'hard kill' counter drone solution addressing the urgent need for protection from hostile drones Ondas Networks' distribution partner secures initial purchase order for deployment on 900 MHZ from transit operator in Southwest Conference Call Scheduled for Today at 8:30 a.m. ET MARLBOROUGH, MA / ACCESSWIRE / August 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 through our Ondas Networks and Ondas Autonomous Systems (OAS) business units, reported financial and operating results for the second quarter ended June 30, 2024.

Ondas Holdings Reports Second Quarter 2024 Financial Results

Expansion of initial purchase order received from a government military customer reflects the urgent need for Ondas' innovative counter-drone system Iron Drone Raider system Additional volume orders are expected in the second half of 2024 based upon combat success MARLBOROUGH, MA / ACCESSWIRE / August 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, updated today that it has received an expansion of the initial purchase order received from a military customer for several Iron Drone Raider (the "Raider") counter-drone systems. The expansion includes additional features and support services for the systems that will be deployed and operated as part of military defense activities to protect from hostile drones threatening borders, critical locations, populations and defense forces.

Ondas Secures Expansion of its Initial Purchase Order of Iron Drone Raider Systems Received from a Major Military Customer for Immediate Deployment

MARLBOROUGH, MA / ACCESSWIRE / August 7, 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 Wednesday, August 14, 2024, at 8:30 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024.

Ondas Holdings to Report Second Quarter 2024 Financial Results on August 14, 2024 at 8:30 a.m. ET

Data Collection and Analysis of Emissions Including Sulphur Oxides, Nitrogen Oxides, and Carbon Dioxide to Support Compliance with MARPOL Annex 6 Regulations Contract Expands American Robotics' Reach into Strategically Important Ports and Logistics Markets Positions American Robotics for Significant Market Expansion and Future Growth Opportunities Potentially with U.S. Federal Program of Record Contracts That are Typically Approved for Long Term Funding BALTIMORE, MD / ACCESSWIRE / July 31, 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") was awarded a firm, fixed-price contract by the United States Coast Guard (USCG). This contract marks the first U.S. federal contract for American Robotics as a prime contractor, showcasing the breadth of its innovative autonomous, end-to-end data solutions portfolio.

Ondas Holdings' American Robotics Secures Key Contract with United States Coast Guard for Maritime Emissions Monitoring to Support EPA Clean Ports Initiatives

Additional volume orders are expected in the second half of 2024 based upon combat success in operational conditions The Iron Drone Raider system is a unique, innovative counter-drone system using an autonomous AI-guided interception drone launched from a designated docking station This direct purchase from a government military customer positions Ondas as a prime defense contractor and Iron Drone as a new, potentially leading solution, for the $1.6 billion counter-drone market MARLBOROUGH, MA / ACCESSWIRE / July 22, 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 from a military customer for several Iron Drone Raider (the "Raider") counter-drone systems. The systems are to be deployed and operated as part of military defense activities to protect from hostile drones threatening borders, critical locations, populations and defense forces.

Ondas Secures Initial Purchase Order for Iron Drone Raider Systems for Military Deployment to Protect Borders, Critical Locations, and People from Hostile Drones

Rekor Systems Inc

Vuzix

Low-priced high-potential stocks are incredibly risky and yet people continue to buy them. Why? Really, it comes down to their tremendous upside potential.

From Pennies to Profits: 3 Low-Priced Stocks With Sky-High Potential

Featuring Live Demonstrations of the Optimus System, Alongside All-in-One Kestrel Integration on June 12th - 13th  MARLBOROUGH, MA / ACCESSWIRE / May 16, 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") will host the grand opening of its Maryland headquarters with an event being held on June 12th - 13th. During this event, American Robotics will showcase their premier drone-in-a-box system, the Optimus System, alongside the integration of Kestrel, its advanced Detect and Avoid (DAA), airspace safety and surveillance, and Counter Unmanned Aircraft Systems (C-UAS) solution.

Ondas Holdings' American Robotics Launches Maryland Headquarters and Customer Demonstration and Training Center

Ondas Holdings Inc. (NASDAQ:ONDS ) Q1 2024 Earnings Conference Call May 15, 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 Tim Horan – Oppenheimer Glenn Mattson – Ladenburg Thalmann Carter Mansbach – Forte Capital Group Aditya Iyer – Northland Capital Matthew Galinko – Maxim Group Operator Welcome to the Ondas Holdings Inc. First Quarter 2024 Conference Call. All participants will be in listen-only mode.

Ondas Holdings Inc. (ONDS) Q1 2024 Earnings Call Transcript

Ondas Holdings (NASDAQ: ONDS ) just reported results for the first quarter of 2024. Ondas Holdings reported earnings per share of -17 cents.

ONDS Stock Earnings: Ondas Holdings Meets EPS for Q1 2024

Ondas Holdings Inc. (ONDS) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.30 per share a year ago.

Ondas Holdings Inc. (ONDS) Reports Q1 Loss, Misses Revenue Estimates

Ondas Networks entered into $2.8 million agreement with industry partner to provide on-locomotive radio upgrade in the 220 MHz frequency band to support Positive Train Control (PTC) safety applications for key Northeast Corridor passenger railroad Ondas Networks achieved successful systems integration milestones in 900 MHz with both a large Class I railroad customer and a regional commuter railroad; Initial system-wide order received by distribution partner from regional commuter railroad in the Southwest for 900 MHz wireless network upgrade Airobotics continues to expand in the Middle East with new purchase orders in Dubai and Israel and expansion in Europe with Optimus System and Iron-Drone Raider; American Robotics advanced market activity in US market with Optimus System networks, partnering with governmental entities and critical infrastructure facilities Received initial order for Iron-Drone Raider platform from defense company; additional orders expected Conference Call Scheduled for Today at 8:30 a.m. ET MARLBOROUGH, MA / ACCESSWIRE / May 15, 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 first quarter ended March 31, 2024.

News for Ondas Holdings Stock (ONDS)