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 Networks will begin delivering on an initial volume order from Siemens Q4 2022 Ondas Networks received first initial volume order for a major Asian railway with multi-year delivery from Siemens American Robotics partners with ICI to further develop fugitive gas emissions detection solution for Oil & Gas customers Airobotics acquisition on track to close Q1 2023 Secured $30.0 million in growth capital via a convertible notes offering Conference call scheduled for today at 8:30 a.m. ET WALTHAM, MA / ACCESSWIRE / November 14, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), reported financial and operating results for the third quarter ended September 30, 2022.

Ondas Holdings Reports Third Quarter 2022 Financial and Operational Results

The purchase order is part of a multi-year delivery program for Head of Train (HOT) Operations WALTHAM, MA / ACCESSWIRE / November 14, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), announced today that Siemens has placed its first order for Ondas Networks' Next Generation Radio to be delivered to a Siemens rail customer in Asia. The Next Generation Radio is the result of a previously announced joint development program between Siemens Mobility and Ondas Networks for a multi-purpose, multi-application radio capable of being marketed and deployed to railroad customers worldwide.

Siemens Places First Order on Behalf of Asian Rail Customer for Ondas Networks' Next Generation Radio

Airobotics receives order from UAE government entity for its Optimus Drone System Order represents first fleet deployment of autonomous drones in urban environments Customer plans city-wide deployment of Optimus Urban Drone Infrastructure over several years PETAH TIKVAH, Israel , Nov. 9, 2022 /PRNewswire/ -- AIROBOTICS Ltd. (TASE: AIRO) ("Airobotics" or the "Company"), which collects and analyzes aerial data via its automated drone infrastructure, has announced it is supplying additional drone systems and services to a UAE government entity.

AIROBOTICS DEPLOYING AUTOMATED URBAN DRONE INFRASTRUCTURE IN THE UAE

The partnership will enhance American Robotics' autonomous drone platform with sensors to detect methane leaks WALTHAM, MA / ACCESSWIRE / November 4, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless data, drone, and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc. ("American Robotics" or "AR"), today announced American Robotics' strategic technology partnership with Infrared Cameras Inc. (ICI), a developer of thermal cameras and infrared systems. Combined with ICI's optical gas imaging (OGI) and thermal sensors, American Robotics' autonomous Scout System drone will be equipped with the technology needed to automate inspection of oil and gas assets and identification of methane leaks.

Ondas Holdings' American Robotics Announces Strategic Technology Partnership with Infrared Cameras Inc.

WALTHAM, MA / ACCESSWIRE / November 1, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), will hold a conference call on Monday, November 14, 2022, at 8:30 a.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022.

Ondas Holdings to Report Third Quarter 2022 Financial Results on November 14, 2022, at 8:30 a.m. ET

WALTHAM, MA / ACCESSWIRE / October 31, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), today announced the closing of its previously announced $34.5 million convertible note financing ($30.0 million following the deduction of an original issue discount). The Company estimates net proceeds from the offering to be approximately $27.8 million, after deducting placement agent fees and offering expenses.

Ondas Holdings Inc. Announces Closing of $34.5 Million Convertible Note Financing

WALTHAM, MA / ACCESSWIRE / October 26, 2022 / Ondas Holdings Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), announced today the signing of a securities purchase agreement for $34.5 million in aggregate principal amount of 3% senior convertible notes due 2023. The notes have an original issue discount of approximately 13% resulting in gross proceeds to the Company of $30.0 million.

Ondas Holdings Inc. Announces $34.5 Million Convertible Note Financing

Iron-Drone 's hostile drone interception technologies will be integrated with the Optimus System for monitoring and security applications PETAH TIKVAH, Israel , Oct. 19, 2022 /PRNewswire/ -- AIROBOTICS Ltd. (TASE: AIRO) ("Airobotics" or the "Company"), a leading provider of autonomous unmanned aircraft systems ("UAS") and automated data analysis and visualization platforms, announced today that it will acquire the intellectual property, technical systems, and operations of Iron-Drone Ltd.

Airobotics Ltd. to Acquire Iron-Drone Assets to Offer Counter-Drone Capabilities Via Its Optimus System

The company continues to expand its customer base in the oil and gas space bringing high resolution data and analytics to companies via its Scout System drone WALTHAM, MA / ACCESSWIRE / October 19, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless data, drone, and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc. ("American Robotics" or "AR"), announced today that American Robotics has received a new purchase order from a leading U.S. oil and gas company. Adding another high-level company to its customer base, American Robotics' autonomous drone technology continues to provide the nation's leading oil and gas companies with the technology needed to streamline monitoring and inspections.

Ondas Holdings' American Robotics Receives Purchase Order from Leading Oil & Gas Company

WALTHAM, MA / ACCESSWIRE / October 12, 2022 / Ondas Holdings Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), announced today that Ondas Networks has received a new order from a major defense contractor for its next generation wireless communications system to be integrated into a coastal surveillance system in Asia. This order was secured after Ondas' successful integration into a similar coastal surveillance system deployed by the defense contractor earlier this year in the Caribbean.

Ondas Networks Receives New Order for Integrated Coastal Surveillance System to be Deployed in Asia

Products to be sold and marketed by Siemens under the Airlink brand to both Canadian Freight and Transit Customers WALTHAM, MA / ACCESSWIRE / September 14, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), announced today that Ondas Networks has received authorization from the Canadian government to sell its 900 MHz Advanced Train Control System platform. The ATCS platform, which had previously been introduced to the U.S. market, is now available for deployment throughout the Canadian rail system.

Ondas Networks Receives Canadian Government Authorization for 900 MHz Advanced Train Control System (ATCS) Radios

WALTHAM, MA / ACCESSWIRE / September 8, 2022 / Ondas Holdings Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless data, drone and automated data solutions through its wholly-owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc., will be attending H.C. Wainwright's 24th Annual Global Investment Conference held September 12-14, 2022 at the Lotte New York Palace Hotel.

Ondas Holdings to Present at H.C. Wainwright's 24th Annual Global Investment Conference on September 13, 2022

Drones could soon be coming to your fleet. Drone systems operator American Robotics, a subsidiary of Ondas Holdings Inc. (NASDAQ: ONDS), on Wednesday announced that it received a new exemption from the Federal Aviation Administration that will allow it to operate commercial drone support services, like maintenance and inspections, with no limitations on use.

American Robotics receives new waiver and exemption from FAA

Through the Exemption, Ondas Holdings' American Robotics now has the regulatory approval to go beyond R&D deployments to full-scale commercial deployments WALTHAM, MA / ACCESSWIRE / August 31, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless data, drone, and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc. ("American Robotics" or "AR"), announced today that the Federal Aviation Administration (FAA) has issued American Robotics a new exemption (the "Exemption"), removing the Conditions and Limitations set on its previous exemption, which had restricted operations to "research and development, crew training, and market surveys." The new Exemption, along with American Robotics' Waiver for fully-automated beyond-visual-line-of-sight (BVLOS) operations, provides the company with the authority to operate its autonomous Scout System drone commercially without limitations on use.

Ondas Holdings' American Robotics Receives New FAA Exemption Approving the Company's Fully-Automated Drone System for Unlimited Commercial Operations

The waiver will enable the company's drone technology to operate autonomously over larger areas with the ability to customize range based on unique geographies of industrial sites WALTHAM, MA / ACCESSWIRE / August 24, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless data, drone, and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc. ("American Robotics" or "AR"), today announced that the FAA has granted American Robotics a Part 107 Waiver for expanded Automated Beyond-Visual-Line-of-Sight (BVLOS) operations. This approval is an amendment to American Robotics' original FAA waiver granted in 2021, which made American Robotics the first company authorized to operate its autonomous drone technology BVLOS with no pilots or visual observers on-site.

FAA Grants Ondas Holdings' American Robotics Part 107 Waiver for Expanded Automated BVLOS Operations

Ondas Holdings Inc. (NASDAQ:ONDS ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Eric Brock - Chairman and CEO Stewart Kantor - Co-Founder and President of Ondas Networks Reese Mozer - Co-Founder, CEO, President, Treasurer, Secretary and Director Conference Call Participants Operator Good day, and welcome to the Ondas Holdings' Second Quarter 2022 Earnings and Business Update Conference Call. [Operator Instructions] Please note that today's event is being recorded.

Ondas Holdings Inc. (ONDS) CEO Eric Brock on Q2 2022 Results - Earnings Call Transcript

Ondas Holdings Inc. (ONDS) delivered earnings and revenue surprises of 6.90% and 50.53%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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

Secured Initial Volume Order from Siemens Mobility for the Class I Rail 900 MHz Network Entered into Definitive Merger Agreement to Acquire Airobotics, a Leading Developer of Autonomous Drone Systems Conference Call Scheduled for Today at 8:30 a.m. ET WALTHAM, MA / ACCESSWIRE / August 9, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), reported financial and operating results for the second quarter ended June 30, 2022.

Ondas Holdings Reports Second Quarter 2022 Financial and Operational Results

B. Riley Financial

Acquisition Will Combine Market-Leading Automated Drone Platforms Conference Call Scheduled for August 9, 2022 at 8:30 Am ET WALTHAM, MA and PETAH TIKVA, ISRAEL / ACCESSWIRE / August 8, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics", or "AR"), announced today that it has entered into a definitive merger agreement to acquire AIROBOTICS Ltd. (AIRO) ("Airobotics"), a leading Israeli developer of autonomous unmanned aircraft systems ("UAS") and automated data analysis and visualization platforms.

Ondas Holdings Announces Definitive Merger Agreement to Acquire Airobotics

WALTHAM, MA / ACCESSWIRE / August 3, 2022 / Ondas Holdings Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless data, drone and automated data solutions through its wholly-owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc., will hold a conference call on Tuesday, August 9, 2022, at 8:30 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2022.

Ondas Holdings to Report Second Quarter 2022 Financial Results on August 9, 2022, at 8:30 a.m. ET

Jumia

Roku

Shopify

Snap

Trade Desk

Twilio

Unity Software

Stocks with 1,000% upside potential don't come around all that often. Or at least when they do, they may not seem all that obvious at first.

8 Stocks With 1,000% Upside Potential

WALTHAM, MA / ACCESSWIRE / July 27, 2022 / Ondas Holdings Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless data, drone and automated data solutions through its wholly-owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc., will be attending the Oppenheimer 25th Annual Technology, Internet & Communications Conference being held virtually August 9-10, 2022. Ondas is scheduled to present on Tuesday, August 9, 2022, at 2:55 p.m.

Ondas Holdings to Present at the Oppenheimer 25th Annual Technology, Internet & Communications Conference on August 9, 2022

New loss of containment capabilities will enable automatic detection of crude oil loss at oil and gas facilities WALTHAM, MA / ACCESSWIRE / July 26, 2022 / Ondas Holdings Inc. (Nasdaq:ONDS), a leading provider of private wireless data, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc. ("American Robotics" or "AR"), announced today that American Robotics is adding new artificial intelligence anomaly detection capabilities to its autonomous Scout System drone. Loss of containment capabilities will enable oil and gas customers to minimize environmental risks, clean-up costs, fines, and litigation expenses.

Ondas Holdings' American Robotics to Add New Artificial Intelligence Anomaly Detection Capabilities to its Scout System

All-new high-resolution RGB and high-resolution thermal cameras will enable O&G customers to automate visual inspection of oil and gas facilities and assets WALTHAM, MA / ACCESSWIRE / July 20, 2022 / Ondas Holdings Inc. (Nasdaq:ONDS), a leading provider of private wireless data, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc. ("American Robotics" or "AR"), announced today that American Robotics has added new capabilities to its autonomous Scout System drone to enable current and future oil and gas customers to automate visual inspection of oil and gas facilities and assets. The new high-resolution RGB and thermal camera payloads will facilitate frequent, high-value inspections of upstream and midstream oil and gas assets.

Ondas Holdings' American Robotics Announces New Capabilities Tailor Made for the Oil and Gas Industry

Acquisition expected to combine market-leading automated drone platforms Global reach further positions american robotics as a leader in the growing commercial drone space WALTHAM, MA and PETAH TIKVA, ISRAEL / ACCESSWIRE / July 5, 2022 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics", or "AR"), announced today that it has signed a term sheet to acquire through acquisition or merger AIROBOTICS Ltd. (TASE: AIRO) ("Airobotics"), a leading Israeli developer of autonomous unmanned aircraft systems ("UAS") and automated data analysis and visualization platforms, subject to the conditions described below.

News for Ondas Holdings Stock (ONDS)