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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 Inc. (NASDAQ: ONDS) announced that its Mercury Radio has received authorization from the FCC for use in the licensed 450 MHz Air-Ground frequency band. This development follows a January 2021 FCC waiver allowing lower transmit power, making the frequency feasible for unmanned aerial systems and drones. The smaller size of the radio facilitates longer flight times and increased frequency reuse. CEO Eric Brock emphasized the innovation behind this technology, which enhances connectivity options in the drone ecosystem.
Ondas Holdings Inc. (NASDAQ:ONDS) reported Q3 2021 financial results, highlighting significant milestones in its subsidiaries, Ondas Networks and American Robotics. Ondas Networks received its first commercial 900 MHz Rail Order from Siemens Mobility, while American Robotics secured its first order from a Fortune 100 Oil & Gas company. Financially, revenue decreased by 54% year-over-year to $0.3 million, with a gross profit drop of 95%. Operating expenses rose by 36%, leading to a net loss of approximately $4.9 million. The company held $47.5 million in cash as of September 30, 2021.
Ondas Holdings Inc. (NASDAQ:ONDS) is set to release its third quarter 2021 financial results on November 15, 2021, before the market opens. A conference call will follow at 8:30 AM ET where the company will discuss its financial results and business outlook. The event will be accessible via a live webcast and participants can register in advance to facilitate immediate access. Ondas provides private wireless and drone solutions through its subsidiaries, focusing on sectors like railroads and utilities, with a patented technology addressing bandwidth limitations in critical applications.
Ondas Holdings Inc. (NASDAQ:ONDS) announced the appointment of Christopher Norman as Vice President of Engineering at American Robotics. With over 25 years in engineering and robotics, Norman previously held leadership roles at Accion Systems and CyPhy Works. His expertise will be vital in developing the Scout System, an automated drone solution. CEO Reese Mozer expressed enthusiasm for Norman's contributions to streamline operations and support the company's growth in industrial drone solutions.
Ondas Holdings Inc. (NASDAQ: ONDS) plans to relocate its headquarters to a new 18,000-square-foot facility in Waltham, MA, sharing the space with its subsidiary, American Robotics. The new site will support American Robotics' operations and R&D, enhancing its Scout System development. The move aims to leverage the region's robotic talent pool, with American Robotics expected to grow its workforce significantly, having already increased by 200% since January 2021. The transition is set for early 2022.
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.
Ondas Holdings Inc. (NASDAQ:ONDS) announced a strategic partnership with Dynam.AI on October 11, 2021. This collaboration aims to enhance the AI/ML capabilities of American Robotics by developing data analytics and platform tools. Ondas made a minority investment in Dynam, integrating advanced AI solutions to scale customer offerings. The partnership leverages Dynam's Vizlab™ platform to accelerate complex AI/ML project execution. This initiative is expected to strengthen Ondas' Robot-as-a-Service (RaaS) model, meeting increasing demand for advanced data solutions.
Ondas Holdings (NASDAQ: ONDS) announced that Guy Simpson, COO of Ondas Networks, will present innovative solutions for the rail industry at the Railway Systems Suppliers (RSSI) conference in Indianapolis on September 23, 2021. Ondas Holdings specializes in private wireless data and drone solutions, targeting various sectors including rail, utilities, and oil and gas. The company's FullMAX technology enhances Mission-Critical IoT applications by addressing bandwidth limitations in current wireless networks.
Ondas Holdings Inc. (NASDAQ:ONDS) announced a partnership with Siemens Mobility to showcase their new Airlink Wireless Radio System for the North American rail market.
The live DemoCast will occur on September 17, 2021, at 1:00 PM ET, highlighting capabilities in the newly allocated 900 MHz railroad band. The Airlink products aim to transition the rail industry from legacy networks to advanced, IP-enabled communication systems. Siemens and Ondas are focusing on increasing automation and digitalization in railroads, contributing to global market innovation.
Ondas Holdings Inc. (NASDAQ:ONDS) has announced upcoming investor events, including a tour of American Robotics facilities in Marlborough, Massachusetts, on September 27th from 2:00 - 4:00 pm ET. The tour will feature a demonstration of the Scout System™, the first FAA-approved drone for automated BVLOS operations. Additionally, a virtual presentation focused on AR's growth strategy will take place on September 28th from 10:00 am to Noon ET. Interested parties can register for both events via Ondas Investor Relations.
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