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Ondas Hldgs Inc - ONDS STOCK NEWS

Welcome to our dedicated page for Ondas Hldgs news (Ticker: ONDS), a resource for investors and traders seeking the latest updates and insights on Ondas Hldgs stock.

Ondas Holdings Inc. (ONDS) delivers innovative wireless data solutions and autonomous drone systems for mission-critical industries. This page provides official company updates, including press releases and strategic developments across its Ondas Networks and Ondas Autonomous Systems divisions.

Investors and industry professionals will find curated news about product launches, financial results, and technology partnerships. Our repository includes updates on FullMAX wireless networks, autonomous drone deployments, and regulatory milestones—all essential for understanding the company’s position in industrial IoT and defense markets.

Key content categories include quarterly earnings announcements, strategic acquisitions, new patent filings, and major contract awards. Bookmark this page for streamlined access to verified information about ONDS’ advancements in software-defined radio and AI-driven drone solutions.

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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 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 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 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 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 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 Timothy Tenne as CEO of American Robotics
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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 announces promotion of Yishay Curelaru to CFO, Treasurer, and Secretary
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Airobotics' Optimus-1EX drone granted Type Certificate by FAA, becoming the first 'Drone-in-a-Box' solution with this certification
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Ondas Hldgs Inc

Nasdaq:ONDS

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Communication Equipment
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