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Ondas Holdings Inc. - ONDS STOCK NEWS

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.

News

American Robotics CEO, Timothy Tenne to Lead Panel Discussion on Drone Law at Upcoming Administrative Law Conference Sponsored by the American Bar Association

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Ondas Holdings Inc. (NASDAQ:ONDS) announced that Timothy Tenne, CEO of its subsidiary American Robotics and Deputy Chairman of the ABA's Administrative and Regulatory Transportation Section, will be speaking at the ABA's annual Administrative Law Conference on aviation and UAS-drone law.
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Ondas Holdings’ American Robotics and MassDOT Aeronautics to Start a Pilot Program of the Optimus-1EX: the First FAA-Certified Data Capturing Drone System in the U.S.

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Ondas Holdings Inc. (ONDS) announced a pilot program with the Massachusetts Department of Transportation Aeronautics Division to deploy the Optimus-1EX system for rail inspections, emergency response, and environmental monitoring. The program will showcase the capabilities of the Optimus System, which has received a Type Certification from the FAA and a beyond visual line of sight waiver. The program aims to improve data collection for enhanced safety and cost reduction by MassDOT Aeronautics, marking a significant step in introducing autonomous drone technology to the U.S.
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Ondas Holdings Reports Third Quarter 2023 Financial Results

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Ondas Holdings Inc. (NASDAQ: ONDS) reported $10.7 million in year-to-date revenues, putting them on track to meet their prior revenue target of $15 million for the full year 2023. The company achieved record product shipments to Siemens, driving a 60% Q-over-Q growth for Ondas Networks. Ondas Autonomous Systems (OAS) reported a $2.6 million order for fleet expansion in Dubai, reflecting increased demand in security and public safety markets. The company's financial results for Q3 2023 showed a significant increase in revenue and gross profit, with a narrowed net loss compared to the same period in 2022.
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Ondas Holdings' Airobotics Accelerates Development of its Defensive Counter-UAS System, the Iron Drone Raider, to Meet Israel Defense Forces Requirements

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Ondas Holdings Inc. (NASDAQ:ONDS): Airobotics, a subsidiary of Ondas, is accelerating upgrades to its Iron Drone Raider to address the needs of the Israeli Defense and homeland security forces during the conflict in Gaza. The Iron Drone Raider system uses AI technologies to identify and intercept hostile drones, and can be integrated into various drone detection systems. The market for spending on counter-UAS systems is estimated to grow from $1.0 billion in 2023 to over $4.7 billion by 2030, representing a 24.7% compound annual growth rate.
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Ondas Holdings Expands Into North African Market Through a Strategic Partnership with Morocco-Based Maghrebnet

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Ondas Holdings Inc. (NASDAQ:ONDS) and Maghrebnet sign MOU to offer advanced drone infrastructure in North Africa, manufacture Optimus Drone-In-a-Box systems in Morocco and Senegal, and establish a Joint R&D & Training Center in Morocco. The agreement is part of Ondas' global expansion strategy, following a similar deal with the Kingdom of Saudi Arabia. The drones market in the Middle East and Africa is valued at $3.5 billion in 2023 and estimated to grow at a CAGR of 8.14% to $4.94 billion by 2028, according to Mordor Intelligence.
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Ondas Holdings to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023, at 8:30 a.m. ET

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Ondas Holdings Inc. will hold a conference call on November 14, 2023, at 8:30 a.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023. The call will be hosted by Ondas management and will include a question-and-answer period.
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Ondas Holdings' Airobotics Receives $2.6 Million Order for Optimus Drone Systems in Dubai, UAE

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Ondas Holdings Inc. subsidiary, Airobotics, has received a $2.6 million order for immediate delivery of additional Optimus Systems from a local governmental entity in Dubai for public safety and emergency response operations. The Optimus System has been extensively utilized by the entity, carrying out thousands of operational drone flights without human intervention under challenging environmental conditions and in densely populated areas. Ondas continues to provide Optimus Systems as the entity expands its fleet of installed infrastructure in Dubai.
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Ondas Holdings Appoints Industry Veteran Timothy "T3" Tenne as CEO of American Robotics

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Ondas Holdings appoints Timothy Tenne as CEO of American Robotics
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Ondas Holdings' Airobotics Completes Optimus Drone Infrastructure Proof-of-Concept at Major Seaport in Israel

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Ondas Holdings Inc. (NASDAQ:ONDS) announced the successful completion of a proof-of-concept (PoC) of the Optimus Drone Infrastructure in the Haifa port area. The PoC was conducted with the Israel Port Company (IPC), and the Optimus System demonstrated its capabilities in improving port security efforts. Ondas plans to offer its solutions to other seaports globally. The Israel Ports Company will continue to promote the use of drones for securing Israeli seaports. The Optimus System is in the advanced stages of completing a rigorous U.S. Federal Aviation Authority (FAA) Type Certification process.
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Ondas Holdings Promotes Yishay Curelaru, Seasoned Technology Executive, to Chief Financial Officer

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Ondas Holdings announces promotion of Yishay Curelaru to CFO, Treasurer, and Secretary
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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.

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Ondas Holdings Inc.

Nasdaq:ONDS

ONDS Rankings

#4365 Ranked by Market Cap
N/A Ranked by Dividends

ONDS Stock Data

105.10M
70.36M
14.56%
14.14%
2.31%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
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