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Ondas Holdings Inc. - ONDS STOCK NEWS

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Ondas Holdings Inc. (NASDAQ: ONDS) stands as a leader in providing private industrial wireless networks and commercial drone and automated data solutions. The company operates two primary business segments: Ondas Networks and Ondas Autonomous Systems, each contributing significantly to the company's revenue and market presence.

Ondas Networks focuses on designing, developing, manufacturing, and supporting proprietary, software-based wireless broadband technology. Their flagship product, the FullMAX Software Defined Radio (SDR) platform, is used across various sectors, including railroads, utilities, oil and gas, transportation, and government entities. This technology enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of legacy private licensed wireless networks. The recent milestones include a $2.8 million agreement to upgrade on-locomotive radios and successful integration milestones in the 900 MHz frequency band with several railroad customers.

Ondas Autonomous Systems encompasses their commercial drone solutions, primarily through their subsidiaries American Robotics, Inc. and Airobotics Ltd.. Their flagship product, the Optimus System™, is the world's first FAA-certified small UAS developed for aerial security and data capture. It operates as a drone-in-a-box turnkey data solution service, focusing on critical industrial and government applications. The Optimus System has seen extensive use in Dubai, demonstrating faster emergency response times and significant interest from cities worldwide. Additionally, the Iron-Drone Raider™ platform, a counter-UAS system, has received initial purchase orders from defense companies, indicating a growing market for autonomous drone solutions.

Recent news highlights include a strategic partnership between American Robotics and ResilienX, Inc. to enhance the safety and reliability of autonomous systems, particularly for beyond visual line-of-sight (BVLOS) applications. Ondas has also achieved record revenues of $15.7 million in 2023, driven by the commercial adoption of the Optimus System and product revenues at Ondas Networks. The company is poised for significant growth in 2024, with ongoing projects and expanding customer bases in the U.S., Europe, and the Middle East.

For more information, visit www.ondas.com or follow Ondas Holdings on X (formerly Twitter) and LinkedIn.

Rhea-AI Summary
Ondas Holdings Inc. (NASDAQ:ONDS) announces a strategic partnership between its subsidiary American Robotics Inc. and ResilienX Inc. to enhance safety and reliability in autonomous systems, particularly for Beyond Visual Line of Sight (BVLOS) applications. The collaboration aims to integrate ResilienX's IASMS solution, FRAIHMWORK®, to monitor and assure the health, integrity, and performance of BVLOS ecosystems and fully autonomous solutions, including the Optimus System. American Robotics will also begin reselling ResilienX's software solutions, focusing on advancing autonomy assurance services for complex operational environments.
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Ondas Holdings Inc. (NASDAQ:ONDS) will discuss its financial results for Q4 and full year 2023 in a conference call on April 1, 2024. The call will include a Q&A session and encourage pre-registration for immediate access. The event will be broadcast live and available for replay on the company's website.
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Ondas Holdings Inc. (NASDAQ:ONDS) announces a strategic partnership between its subsidiary American Robotics Inc. and Senhive BV, enhancing autonomous drone operations across defense, government, and commercial sectors. The collaboration integrates Senhive's airspace security solutions into American Robotics' product portfolio, showcasing real-world operational success in a recent demonstration with MassDOT and Mass Maritime Academy.
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Ondas Holdings Inc. (ONDS) reported a significant increase in 2023 record revenue, reaching $15.7 million, with Q4 2023 revenue hitting $5 million. An investor group, including Charles & Potomac Capital, injected $8.6 million to fuel growth. Ondas Autonomous Holdings (OAH) was formed to oversee drone businesses.
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Ondas Holdings Inc. establishes Ondas Autonomous Holdings Inc., wholly owning American Robotics and Airobotics. OAH aims to leverage Ondas' drone technology leadership to drive growth and consolidation in the global market. OAS generated $9.0 million revenue in 2023, with a focus on Optimus and Iron Drone Raider platforms for industrial, government, and defense sectors.
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Ondas Holdings Inc. announced an upcoming demonstration event with American Robotics showcasing the Optimus System in critical infrastructure and maritime environments. The event, held in collaboration with MassDOT Aeronautics and MMA, aims to highlight the system's capabilities in unmanned aerial operations.
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Ondas Holdings Inc. announces American Robotics' receipt of a waiver from the FAA for remote drone operations Beyond Visual Line of Sight (BVLOS) in complex airspace. This milestone showcases American Robotics' leadership in autonomous drone technology, paving the way for enhanced safety and efficiency in aerial security and data services.
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Ondas Holdings Inc. (NASDAQ: ONDS) announced that its subsidiary Airobotics has received a purchase order from a semiconductor chip manufacturer to provide aerial security and data services using its Optimus drone infrastructure. The Optimus System has been deployed since 2016 and is integrated into industrial facility operations and the national airspace, offering real-time insights without human intervention. Airobotics has expanded its operations within the semiconductor chip manufacturing facility in Israel, providing 24/7 aerial operations for security, safety, and project management services.
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Ondas Holdings Inc. (NASDAQ:ONDS) announced that its subsidiary, American Robotics Inc., has enrolled the Optimus System in the Green UAS program, aiming to certify the drone's compliance with cybersecurity and supply chain requirements of the National Defense Authorization Act. The company expects this certification to accelerate acceptance by U.S. governmental entities for use in defense, homeland security, public safety, and municipal markets. The program also aims to provide a standardized route to the Blue UAS cleared list, making compliant drones eligible for purchase by the U.S. Department of Defense.
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Ondas Holdings Inc. (NASDAQ:ONDS) CEO Eric Brock to present at Oppenheimer 4th Annual 5G Summit: The Revolution Continues on December 11, 2023.
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FAQ

What is the current stock price of Ondas Holdings (ONDS)?

The current stock price of Ondas Holdings (ONDS) is $1.47 as of December 20, 2024.

What is the market cap of Ondas Holdings (ONDS)?

The market cap of Ondas Holdings (ONDS) is approximately 105.1M.

What does Ondas Holdings Inc. do?

Ondas Holdings Inc. designs, develops, manufactures, sells, and supports wireless broadband and commercial drone technology solutions through its segments: Ondas Networks and Ondas Autonomous Systems.

What is the FullMAX Software Defined Radio (SDR) platform?

The FullMAX SDR platform is a proprietary, software-based wireless broadband technology that enables Mission-Critical IoT (MC-IoT) applications by overcoming bandwidth limitations of legacy networks.

What is the Optimus System™?

The Optimus System™ is the world's first FAA-certified small UAS developed for aerial security and data capture. It operates as a drone-in-a-box turnkey data solution service for critical applications.

What recent achievements has Ondas Networks accomplished?

Ondas Networks recently secured a $2.8 million agreement for on-locomotive radio upgrades and achieved successful integration milestones in the 900 MHz frequency band with several railroad customers.

What partnerships has Ondas Autonomous Systems recently formed?

Ondas Autonomous Systems formed a strategic partnership with ResilienX, Inc. to enhance the safety and reliability of autonomous systems, particularly for beyond visual line-of-sight (BVLOS) applications.

Where is Ondas Holdings Inc. expanding its operations?

Ondas is expanding its operations in the U.S., Europe, and the Middle East, with significant deployments and customer base growth in regions like Dubai.

What are the financial highlights for Ondas Holdings Inc. in 2023?

Ondas Holdings Inc. reported record revenues of $15.7 million in 2023, a 638% increase over 2022, driven by the commercial adoption of the Optimus System and product revenues at Ondas Networks.

What is the Iron-Drone Raider™ platform?

The Iron-Drone Raider™ is a counter-UAS system designed to neutralize hostile drones. It utilizes AI technologies for autonomous interception and has received initial orders from defense companies.

What is the strategic focus of Ondas Autonomous Systems?

The strategic focus of Ondas Autonomous Systems includes expanding fleet sizes with existing customers, driving new customer adoption in the U.S. and Europe, and commercializing the Iron-Drone Raider platform.

How can I get more information about Ondas Holdings Inc.?

For more information, visit www.ondas.com or follow Ondas Holdings on X (formerly Twitter) and LinkedIn.

Ondas Holdings Inc.

Nasdaq:ONDS

ONDS Rankings

ONDS Stock Data

105.10M
70.36M
14.56%
14.14%
2.31%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
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United States of America
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