Ondas Networks and Siemens Mobility to Jointly Participate at Annual Railway System Supplier Show in Kansas City
Ondas Holdings Inc. (NASDAQ:ONDS) announced its joint participation with Siemens Mobility at the 61st Annual Railway System Supplier Show in Kansas City. They will showcase the Airlink product line and the jointly developed ATCS radio platform, demonstrating the integration of legacy and advanced MC-IoT connectivity in the new 900 MHz band. CEO Eric Brock highlighted engagement with railroad decision-makers and technology providers to expand the MC-IoT ecosystem. Additionally, Siemens and Ondas plan to launch the new Head-of-Train (HOT) radio technology in the second half of the year.
- Joint exhibition with Siemens Mobility enhances visibility and partnerships.
- Showcasing advanced MC-IoT solutions positions Ondas favorably in the evolving rail industry.
- Expected sales commencement of the HOT radio technology in H2 2022 indicates future revenue growth.
- None.
WALTHAM, MA / ACCESSWIRE / May 17, 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 and Siemens Mobility will be jointly exhibiting today and Wednesday the Siemens branded Airlink product line at this year's 61st Annual Railway System Supplier Show in Kansas City, Missouri.
Products to be showcased include the jointly developed ATCS radio platform, along with Siemens branded Airlink products based on Ondas Networks' MC-IoT FullMAX platform. The companies will demonstrate simultaneous operation of the legacy ATCS analog protocol and MC-IoT connectivity in the greenfield 900 MHz band. This capacity is viewed as a key feature as the rails transition from the legacy 900 MHz frequencies to the new band for muti-purpose, multi-application IP-based networks.
"We look forward to meeting with key decision makers from the railroads as we advance deployments in the 900 MHz greenfield spectrum and further coordinate roll out plans," stated Eric Brock, Ondas' Chairman and CEO. "We also expect to engage with a broad number of rail technology providers as we work to expand the MC-IoT ecosystem."
Additionally on display in the Siemens booth will be the new Head-of-Train (HOT) radio technology jointly developed by Siemens and Ondas Networks. The two companies continue to make significant progress on this new development program with sales expected to commence in the second half of the year.
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 drone 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 serviceunder 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 or 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.
Company Contact:
Derek Reisfield, President and CFO
Ondas Holdings Inc.
888-350-9994 x1019
ir@ondas.com
Investor Relations Contact:
Cody Cree and Matt Glover
Gateway Group, Inc.
949-574-3860
ONDS@gatewayir.com
SOURCE: Ondas Holdings Inc.
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