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 2024

ONDS reports record Q1 revenue, focuses on growth and profitability

ONDS achieved record revenue in Q1, driven by key technology selections and strong commercial deployments. While facing challenges with supply chain issues and declined specifics on orders and cash burn, the company is focused on growth opportunities and improving communication. The reaffirmed revenue outlook and focus on profitability indicate a positive trajectory for 2023.

ONDS reports strong Q2 earnings and anticipates significant international growth

ONDS reported strong revenue growth, secured additional funding, and is poised for significant expansion. However, the company faces challenges related to inventory shortages and capacity constraints with contract manufacturers. Despite these challenges, ONDS sees opportunities for major growth in the coming years, particularly in international markets.

ONDS reports Q3 revenue of $2.7 million, anticipates significant 2024 growth

ONDS is focused on substantial revenue growth, particularly in the rail and drone businesses. The company is addressing challenges related to global economic situations and the Gaza conflict while leveraging opportunities for expansion in multiple markets.

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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 Marlborough, MA.

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

Ondas and Maghrebnet sign Memorandum of Understanding (MOU) to offer advanced drone infrastructure in North Africa and manufacture Optimus Drone-In a-Box systems in the Kingdom of Morocco and Republic of Senegal, as well as establish a Joint Research and Development (R&D) & Training Center in Morocco Part of Ondas global expansion strategy and follows a similar agreement with the Kingdom of Saudi Arabia WALTHAM, MA / ACCESSWIRE / November 9, 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 it has signed a Memorandum of Understanding (MOU) with Maghrebnet, a Moroccan vendor specialized in information technologies, security, networks, telecommunications, electricity, and renewable energies. Through this partnership, Ondas expands into the Moroccan and broader North African market, offering advanced drone infrastructure for cities, industrial, and strategic facilities.

Ondas Holdings Expands Into North African Market Through a Strategic Partnership with Morocco-Based Maghrebnet

WALTHAM, MA / ACCESSWIRE / November 7, 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, will hold a conference call on Tuesday, November 14, 2023, at 8:30 a.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023.

News for Ondas Holdings Stock (ONDS)