Welcome to our dedicated page for Ondas Holdings news (Ticker: ONDS), a resource for investors and traders seeking the latest updates and insights on Ondas Holdings stock.
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.
FAQ
What is the current stock price of Ondas Holdings (ONDS)?
The current stock price of Ondas Holdings (ONDS) is $1.69 as of January 30, 2025.
What is the market cap of Ondas Holdings (ONDS)?
The market cap of Ondas Holdings (ONDS) is approximately 166.4M.
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.