Michael Toscano, Former President and CEO of the Association of Unmanned Vehicle Systems International (“AUVSI”), joins American Robotics as Senior Advisor

Rhea-AI Summary

Ondas Holdings Inc. (NASDAQ:ONDS) has appointed Michael Toscano as a Senior Advisor at American Robotics, focusing on strategy and business development. Toscano, with experience as former AUVSI President and insights in the unmanned systems market, aims to leverage AR's Scout platform for expansion in government and defense sectors. The leadership team emphasizes that Toscano's expertise and connections are vital at this critical growth phase, especially following important FAA approvals.

Positive

• Appointment of Michael Toscano as Senior Advisor strengthens leadership at American Robotics.
• Toscano's extensive experience in unmanned systems could enhance business development.
• AR poised for growth with important FAA approvals and first-mover advantage.

Negative

• None.

NANTUCKET, MA / ACCESSWIRE / October 18, 2021 / Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of private wireless data and drone solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), announced today that Michael Toscano has joined American Robotics as a Senior Advisor, focusing on strategy and supporting business development activities for AR.

Mr. Toscano brings a unique set of skills and experience to American Robotics. He has held prominent leadership roles in government and unmanned systems markets, which include his over five-year tenure as President and CEO of the Association of Unmanned Vehicle Systems International ("AUVSI"), the world's largest nonprofit organization dedicated to the advancement of unmanned systems and robotics. Prior to joining AUVSI, Mr. Toscano was the Program Manager for Research and Development for Nuclear Security in the Office of the Deputy Assistant to the Secretary of Defense for Nuclear Matters. He led the physical security equipment Research, Development, Test, and Evaluation (RDT&E) program that supports the protection of tactical, fixed, and nuclear weapons systems, as well as Department of Defense (DoD) personnel and facilities. Since January 2015, Mr. Toscano has served as a strategic advisor for a wide variety of clients engaged in the Unmanned Aerial Systems (UAS) community, including NASA, FAA, the State of New York and other private companies.

"We are thrilled to have Michael join American Robotics at such an important time in our growth," said Reese Mozer, CEO of American Robotics. "Michael brings a wealth of experience and important relationships in the UAS community. His leadership and network, combined with his unique understanding of the value of AR's Scout platform in the marketplace, will help us expand within government and defense markets."

"American Robotics has built a ground-breaking UAS technology platform and is poised to drive adoption across the large, targeted end markets," said Mr. Toscano. "I look forward to working with the entire AR and Ondas teams in helping to bring this important technology to government and military markets," continued Mr. Toscano.

Mr. Toscano joins American Robotics at a critical juncture as the company looks to leverage its first-mover advantage and important FAA approvals. "The addition of Michael to the leadership team at American Robotics is another marker of the value AR is bringing to the market," said Eric Brock, CEO of Ondas Holdings. "We look forward to working closely with Michael to broaden adoption of our Scout System and as we continue to build the ecosystem around our technology platforms," continued Mr. Brock.

About Ondas Holdings Inc.

Ondas Holdings Inc. ("Ondas") is a leading provider of private wireless data and drone solutions through its wholly owned subsidiaries Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"). Ondas Networks is a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets. Ondas Networks' standards-based (802.16s), multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today's legacy private licensed wireless networks. Ondas Networks' customer end markets include railroads, utilities, oil and gas, transportation, aviation (including ndrone operators) and government entities whose demands span a wide range of mission critical applications. American Robotics designs, develops, and markets industrial drone solutions for rugged, real-world environments. AR's Scout System™ is a highly automated, AI-powered drone system capable of continuous, remote operation and is marketed as a "drone-in-a-box" turnkey data solution service under a Robot-as-a-Service (RAAS) business model. The Scout System™ is the first drone system approved by the FAA for automated operation beyond-visual-line-of-sight (BVLOS) without a human operator on-site. Ondas Networks and American Robotics together provide users in rail, agriculture, utilities and critical infrastructure markets with improved connectivity and data collection capabilities.

For additional information on Ondas Networks and Ondas Holdings, visit www.ondas.com follow Ondas Networks on Twitter and LinkedIn. For additional information on American Robotics, visit www.american-robotics.com or follow American Robotics on Twitter and LinkedIn.

Information on our websites and social media platforms is not incorporated by reference in this release or in any of our filings with the U.S. Securities and Exchange Commission.

Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

Media Contacts for Ondas Holdings Inc. and Ondas Networks Inc.
Stewart Kantor, President and CFO
Ondas Holdings Inc.
888.350.9994 Ext. 1009
ir@ondas.com

Media Contacts for American Robotics, Inc.
Chelsea Higgins
BIGfish Communications
617.713.3800
americanrobotics@bigfishpr.com

SOURCE: Ondas Holdings Inc.

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FAQ

Who is the new Senior Advisor at American Robotics?

Michael Toscano has been appointed as the Senior Advisor at American Robotics.

What role will Michael Toscano play at American Robotics?

He will focus on strategy and business development activities.

What is Ondas Holdings Inc.'s stock symbol?

The stock symbol for Ondas Holdings Inc. is ONDS.

What is the significance of Michael Toscano's experience?

Toscano has held leadership positions in unmanned systems, which could benefit American Robotics in expanding its market presence.

Why is Michael Toscano's appointment timely for American Robotics?

His appointment comes as the company aims to leverage FAA approvals and expand into government and defense markets.