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Company Overview
Ondas Holdings Inc is a technology innovator specializing in the design, development, manufacture, sale, and support of advanced wireless data solutions and autonomous drone systems. The company operates through two distinct segments—Ondas Networks and Ondas Autonomous Systems—each addressing critical infrastructure and mission-critical applications across diversified markets including industrial, governmental, utility, transportation, and defense sectors.
Innovative Wireless Technology and FullMAX Platform
Central to the company’s expertise is its multi-patented FullMAX software defined radio (SDR) technology. This innovative platform empowers private wireless networks by facilitating the deployment of secure, scalable cellular data networks that offer ubiquitous connectivity over vast geographic areas. Employing a standards-based approach, including protocols derived from the 802.16 family, the FullMAX system overcomes traditional bandwidth constraints, making it a pivotal solution for mission-critical IoT applications in sectors such as rail transit, electric utilities, and public safety.
Autonomous Drone Solutions and AI Integration
Ondas Autonomous Systems pioneers in autonomous drone technology, delivering state-of-the-art systems that operate with minimal human intervention. The company’s portfolio encompasses AI-powered, automated drone platforms designed for aerial security, inspection, and data capture. Marketed as a "drone-in-a-box" turnkey solution, these platforms are engineered to provide continuous, remote-operated services that enhance situational awareness and support rapid decision-making in high-stakes environments.
Comprehensive Business Model and Market Strategy
Ondas Holdings Inc. generates revenue through a multifaceted business model that combines the sale of its proprietary technology platforms with value-added services such as support, maintenance, and ancillary offerings. The Ondas Networks segment delivers cutting-edge private gated networks that are tailored for large-scale, mission-critical operations, while the Ondas Autonomous Systems segment focuses on autonomous drone solutions that address both tactical defense requirements and industrial operational needs. This holistic approach not only reinforces the company’s market position but also ensures the delivery of robust, end-to-end solutions that are highly reliable and scalable.
Industry Leadership and Technological Differentiation
In a competitive landscape, Ondas distinguishes itself with its proprietary, full-spectrum wireless technology and an integrated suite of autonomous systems. The company’s continued innovation in FullMAX technology and its advanced drone solutions underscores its commitment to addressing complex connectivity and security challenges. By leveraging a blend of software-defined radio capabilities and AI-driven autonomous operations, Ondas offers superior functionality and resilience that enhance connectivity, situational awareness, and overall operational efficiency for its clients.
Key Industry Terminology
- FullMAX Wireless Technology
- Software Defined Radio (SDR)
- 802.16 Wireless Standard
- Mission-Critical IoT
- Autonomous Drone Systems
- Drone-in-a-Box
- Remote Operations
- Data-as-a-Service (DaaS)
Conclusion
Through its dual-focus strategy encompassing private wireless data solutions and autonomous drone operations, Ondas Holdings Inc. positions itself as a key technology provider in sectors demanding high security, connectivity, and operational continuity. Its comprehensive and integrated approach, backed by patented technologies and relentless innovation, ensures that the company remains a trusted partner for critical infrastructure and industrial applications worldwide.
Ondas Holdings (NASDAQ:ONDS) has announced a letter of intent with a partner to create a new on-board locomotive radio platform for the European rail market. This platform will enhance on-board communications and integrate with existing wayside base station networks. The technology leverages Ondas' software-defined radio capabilities, with anticipated project completion and delivery starting in 2023. This initiative marks Ondas' entry into the European market, complementing its existing programs in North America and Asia.
Ondas Holdings Inc. (NASDAQ:ONDS) will be included in the Russell 3000 Index as of June 27, 2022, following the annual reconstitution. This index captures the largest U.S. stocks ranked by market capitalization. Membership also leads to inclusion in the large-cap Russell 1000 and small-cap Russell 2000 indexes. CEO Eric Brock noted that this milestone reflects Ondas' progress and commitment to leveraging increased market awareness. The Russell indexes are essential benchmarks with approximately $12 trillion in assets tied to their performance.
Ondas Holdings Inc (NASDAQ:ONDS) will participate in two upcoming investor conferences: the B. Riley 22nd Annual Institutional Investor Conference on May 25-26, 2022, in Beverly Hills, California, where a presentation is scheduled for 10:10 a.m. PT on May 25, and the Stifel 2022 Cross Sector Insight Conference on June 7-8, 2022, in Boston, Massachusetts, which will feature 1x1 meetings only. For more information or to schedule meetings, contact Ondas’ investor relations team.
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.
Ondas Holdings (NASDAQ: ONDS) affirms its 2022 financial outlook, reporting Q1 revenues of $0.4 million, down from $1.2 million in Q1 2021. Despite a net loss of $9.9 million, the company is shifting focus towards the deployment of its FullMAX platform in the rail sector. Highlights include a second 900 MHz order from Siemens and acquisition of rail analytics platform Ardenna. Operating expenses rose to $10.1 million due to increased costs related to American Robotics. The company expects enhanced revenue growth in 2022 with a goal of $20 million in product bookings.
Ondas Holdings Inc. (NASDAQ:ONDS) announced that its subsidiary, American Robotics, received a purchase order from ScottsMiracle-Gro for its autonomous Scout Systems. This order aims to enhance data collection and analytics capabilities for ScottsMiracle-Gro, enabling efficient analysis of grass seed varietals' health and performance. The implementation at their Marysville, Ohio headquarters will commence in Q2 2022, facilitating multiple drone missions daily without human oversight, thus optimizing operational efficiency.
Ondas Holdings Inc. (NASDAQ:ONDS) will discuss its Q1 2022 financial results on May 11, 2022, at 8:30 a.m. ET, following a press release with the results. The conference call will be hosted by CEO Eric Brock and CFO Derek Reisfield, with a live webcast available. Ondas is a leading provider of private wireless data solutions through its subsidiaries, focused on markets such as railroads and utilities. Its American Robotics division is known for its AI-powered drone technology.
Ondas Holdings Inc. (Nasdaq:ONDS) announced the appointment of Gretchen West as Senior Advisor of Business Development for its subsidiary, American Robotics. With over 18 years of experience in the drone industry, including her role as President and CEO at Schiebel Aircraft, West aims to enhance business development and foster strategic partnerships in various sectors like oil, gas, and mining. CEO Reese Mozer emphasized the importance of her expertise in driving growth and strengthening customer relationships.
Ondas Holdings Inc. (NASDAQ:ONDS) announces that its subsidiary, American Robotics, has secured FAA approval for seven additional sites to operate its automated BVLOS drone technology, the Scout System™. This brings the total to ten operational sites across eight U.S. states, enhancing American Robotics' leading position in the commercial drone industry. The approval allows for scalable autonomous operations, enabling clients like Chevron and ConocoPhillips to benefit from improved data collection capabilities without human operators on-site. This milestone marks significant progress in the adoption of autonomous drones.
Ondas Holdings Inc. (Nasdaq: ONDS) has successfully acquired the assets of Ardenna, a leader in image processing and machine learning software for rail infrastructure monitoring. This acquisition positions Ondas and its subsidiary, American Robotics, to enhance their automated drone solutions with Ardenna's advanced analytics software. The integration aims to improve inspection services for rail customers, driving operational efficiency and safety. Ondas anticipates this strategic move will facilitate growth within the rail industry.
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