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1.65Events Calendar
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Apr 01, 2025Recent quarterly earnings:
Nov 12, 2024Recent annual earnings:
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Nov 16, 2020Analyst ratings
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Investment to support the growth of the Ondas Autonomous Systems (OAS) business which has experienced substantial demand including $14.4 million in orders in Q3 2024 This represents the third investment in Ondas Holdings convertible notes,with aggregate principal of $50.1 million, since October of 2022 from this single institutional investor BOSTON, MA / ACCESSWIRE / November 29, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas Holdings" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that a note holder has elected to purchase $4.1 million in aggregate principal amount of 3% senior convertible notes due 2026 (the "Offering"). Oppenheimer & Co. Inc. will act as placement agent in connection with the Offering.
Purchase order to facilitate future orders and deployments of the system with new defense and homeland security customers As a unique AI-integrated interception drone system, the Iron Drone Raider offers a new method for neutralizing hostile drones while minimizing collateral damage Commercially launched last year, the Raider system has been enhanced to meet specific military requirements and has already received orders from leading military and defense organizations BOSTON, MA / ACCESSWIRE / November 22, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its Ondas Autonomous Systems Inc. ("OAS") business unit's Airobotics subsidiary has received a purchase order for its Iron Drone Raider counter-uncrewed aircraft system (C-UAS) from an Israeli defense company. This order, which was placed as part of an integration process between the companies, aims to expand the distribution of the system for additional military and homeland security governmental end users.
BOSTON, MA / ACCESSWIRE / November 19, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today it has received a notification letter from Nasdaq Stock Market LLC ("Nasdaq") that the Company has been granted an additional 180-day compliance period to regain compliance with Nasdaq's minimum bid price of $1.00. Ondas was granted the extension for the minimum bid price requirement based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the extended compliance period.
Ondas Holdings Inc. (NASDAQ:ONDS ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Eric Brock - Chairman and CEO Neil Laird - Interim CFO Guy Simpson - President & COO, Ondas Networks Meir Kliner - President, Autonomous Systems Conference Call Participants Mike Latimore - Northland Capital Markets Glenn Mattson - Ladenburg Thalmann Matthew Galinko - Maxim Group Timothy Horan - Oppenheimer Carter Mansbach - Forte Capitol Group Operator Welcome to the Ondas Holdings Inc., Third Quarter 2024 Conference Call. All participants will be in listen-only mode.
Ondas Holdings Inc. (ONDS) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago.
Q3 marks the largest bookings in Ondas' history $14.4 million in purchase orders were from a major military customer for the Iron Drone Raider and Optimus System autonomous drone platforms Iron Drone Raider is emerging as a best-in-class 'hard kill' counter drone solution addressing the urgent need for protection from hostile drones Order from Metra, Chicago's primary commuter rail system, for system-wide 900 MHz upgrade secured by partner Siemens Railroads communicate plans for general purpose 900 MHz network architecture to be deployed to support resilient rail operations Conference Call Scheduled for Today at 8:30 a.m. ET BOSTON, MA / ACCESSWIRE / November 12, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions through its Ondas Networks and Ondas Autonomous Systems (OAS) business units, reported financial and operating results for the three months ended September 30, 2024.
Direct investment in Ondas Autonomous Systems (OAS) backed by investment companies of Joe Popolo, Board Member of Ondas, and Eric Brock, CEO and Chairman of Ondas and OAS Initial investment to support OAS' substantial growth opportunity in providing unmanned aerial security and intelligence to defense, security and critical infrastructure and industrial markets BOSTON, MA / ACCESSWIRE / October 14, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas", "Ondas Holdings" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary Ondas Autonomous Systems Inc. ("OAS") has entered into an investment agreement with a private investor group, including Charles & Potomac Capital, LLC ("Charles & Potomac") and Privet Ventures LLC ("Privet Ventures"), for an investment of $3.5 million in convertible notes of OAS. The investment in OAS will support OAS' business expansion plan and deliver on the substantial growth opportunity in the defense, security, and critical infrastructure and industrial markets targeted by OAS' Optimus and Iron Drone autonomous drone platforms.
Nottelmann has extensive experience introducing new technology into railroad markets and an accomplished background as a strategic financial and operating executive Nottelmann will assist in accelerating Ondas Networks' commercial activities with railroad customers and partners, as well as strategic financial matters BOSTON, MA / ACCESSWIRE / October 8, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that Markus Nottelmann has joined the Company as Senior Advisor, focusing on commercial development and strategic activity for Ondas' wholly-owned subsidiary Ondas Networks Inc. ("Ondas Networks"), where he will also serve as a board member. Mr. Nottelmann is an accomplished executive and brings a wealth of experience through holding various financial and operating roles including leadership positions with Sperry Rail Service and Acuren Inspections, both subsidiaries of Rockwood Holdings, LP, as well as Furmanite Inc. and DMA S.r.l.
Ondas' purchase orders received during third quarter 2024 now total $14.4 million, including $9.0 million in orders for the Iron Drone Raider Optimus Systems will be deployed by a major defense customer to assist in critical asset protection and aerial border security Order signifies the further adoption of Ondas' portfolio of autonomous drone platforms in the global defense sector, with the Optimus System joining the Iron Drone Raider for deployment in military security operations The Optimus System is a military grade autonomous platform uniquely capable of persistent remote operations in harsh complex aerial environments including with limited access to GPS and wireless connectivity MARLBOROUGH, MA / ACCESSWIRE / September 30, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary, Airobotics LTD ("Airobotics"), has received a $5.4 million order for the delivery of multiple Optimus Systems from a major defense customer intended for critical asset protection and border security. The Optimus System has been extensively utilized by various governmental and commercial customers worldwide, carrying out thousands of operational drone flights without human intervention under challenging environmental conditions and in densely populated areas.
Marks largest order ever for the Iron Drone Raider systems and a significant milestone in Ondas Autonomous Systems Inc (OAS) business unit's expansion Anticipating further growth with military and security customers worldwide, as Iron Drone's capabilities are utilized and demonstrated in live security operations through this purchase order Ondas believes the Iron Drone Raider system is one of the most innovative and promising technologies in the counter-drone market, featuring autonomous capabilities and cost-effective interception with minimal collateral damage MARLBOROUGH, MA / ACCESSWIRE / September 9, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today the receipt of an $8.0 million purchase order directly from a major military customer to supply multiple Iron Drone Raider systems. The order includes Raider systems, associated elements and infrastructure, and supporting services for aerial protection against hostile drones.
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