Ondas Holdings Inc. (ONDS) Q4 2024 Earnings Conference Call Transcript
Ondas Holdings Inc. (NASDAQ:ONDS ) Q4 2024 Earnings Conference Call March 12, 2025 8:30 AM ET Company Participants Eric Brock - Chairman and CEO Neil Laird - Interim CFO Meir Kliner - President, Autonomous Systems Oshri Lugasi - Co-CEO, Autonomous Systems Markus Nottelmann - CEO, Ondas Networks Conference Call Participants Glenn Mattson - Ladenburg Thalmann Matthew Galinko - Maxim Group Carter Mansbach - Forte Capital Group Operator Welcome to the Ondas Holdings Inc., Fourth Quarter and Full Year 2024 Conference Call. All participants will be in listen-only mode.
Ondas Holdings Inc. (ONDS) Reports Q4 Loss, Lags Revenue Estimates
Ondas Holdings Inc. (ONDS) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.26 per share a year ago.
Ron Stern Appointed to the Board of Directors of Ondas Holdings to Support Expanded Growth Plan
Mr. Stern has over 20 years of experience in growth equity and venture capital, with leadership roles at OurCrowd and Shamrock Holdings Mr. Stern has expertise in supporting emerging technology companies including via board service for multiple organizations Mr.
Ondas Receives Order from Major Defense Company for Integration of New Applications to its AI-Driven Iron Drone Raider System
The purchase order includes integration and testing of new features and capabilities for protecting against additional ground threats, expected to further increase total addressable market (TAM) Ondas will continue expanding the applications of its unique AI-integrated drone platform, making it relevant to additional applications in the Defense and Homeland Security markets BOSTON, MA / ACCESSWIRE / January 8, 2025 / 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 from a major defense company. The order includes the integration and testing of new features required for defending from additional ground threats.
Overlooked Stock: ONDS
Ondas Holdings (ONDS) rallied to highs it hasn't seen in two years after its robotics unit was awarded an FAA drone waiver. It allows the company to expand its drone operations over people and moving vehicles.
Ondas' American Robotics Secures its Latest FAA BVLOS Waiver for Expanded Drone Operations Over People and Moving Vehicles from a Remote Operations Center
Significant progress for the industry and American Robotics as the Optimus System-th e only FAA Type Certified uncrewed aerial vehicle (UAV) developed for security and inspection - integrated with Kestrel airspace management and C-UAS solution, enables expanded BVLOS operations at Ondas' Baltimore Global Operations Control Center Ondas prepares for FAA Part 108 framework, scaling industry operations American Robotics is hosting a Drone as First Responder (DFR) event at its Baltimore Headquarters on January 16th SPARKS, MD / ACCESSWIRE / January 3, 2025 / 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 American Robotics subsidiary has secured an additional Federal Aviation Administration (FAA) Beyond Visual Line of Sight (BVLOS) waiver. Securing this additional FAA BVLOS waiver reflects the safety and strength of American Robotics' technology platforms, reinforcing its position at the forefront of autonomous drone operations and its positive partnering with the FAA.
Ondas Note Holder Purchases $18.9 Million More in Convertible Notes as Company Enters 2025 with Significant Momentum Supported by Robust Cash Position
Gearing up to meet demand at Ondas Autonomous Systems (OAS) for Optimus and Iron Drone platforms Ondas Holdings has raised $30 million in net proceeds from this single investor since December 3rd and achieved the funding targets set at the OAS Investor Day in September 2024 BOSTON, MASSACHUSETTS / ACCESSWIRE / December 30, 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 $18.9 million in aggregate principal amount of 3% senior convertible notes due 2026 (the "Offering"). This marks the third investment from the investor in Ondas Holdings convertible notes since December 3rd, resulting in $30 million in net cash proceeds to the Company, before placement fees and expenses.
Ondas Holdings Regains Full Nasdaq Compliance
BOSTON, MASSACHUSETTS / ACCESSWIRE / December 27, 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") confirming that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) ("Rule"). To regain compliance with the Rule, the Company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on December 24, 2024.
One of the World's Largest Semiconductor Manufacturers Renews Its Contract with Ondas' Airobotics for Drone Aerial Security and Data Services
The Optimus System is deployed as automated aerial infrastructure providing data services to multiple end-users on site, overseeing security and the progress of large-scale construction BOSTON, MA / ACCESSWIRE / December 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 that its Ondas Autonomous Systems Inc. ("OAS") business unit's subsidiary Airobotics has received a purchase order from one of the world's largest semiconductor manufacturers to renew ongoing aerial security and data services. As part of this purchase order, Airobotics offers aerial security and data services using its Optimus drone infrastructure, which includes docking stations and drones capable of capturing diverse aerial data types.
Ondas Note Holder Purchases Additional $11.5 million of Convertible Notes: Funds to Drive Accelerated Expansion of Drone Business Including Focus on Defense Markets
Investment to support the growth of Ondas Autonomous Systems (OAS) which has experienced substantial demand including $14.4 million in orders in Q3 2024 This represents the note holder's fourth investment in Ondas Holdings convertible notes, demonstrating their confidence in the Company's drone technologies and its ability to execute on substantial market opportunity BOSTON, MASSACHUSETTS / ACCESSWIRE / December 16, 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 $11.5 million in aggregate principal amount of 3% senior convertible notes due 2026 (the "Offering"). Also, if elected by the note holder, Ondas Holdings may complete additional closings of up to an additional $18.9 million in aggregate principal amount.
Intelligent Infrastructure Economic Zone Enables Drone Operational Zones: Initial Design in Texas for 10 Drone Zones
Ondas Holdings selected as lead commercial partner for Intelligent Infrastructure Economic Zone (IIEZ) on Texas State Highway 130 Ondas' platform to provide resilient, scaled remote drone operations; Over 100 drone use cases identified by the City of Austin Texas has been a national leader in the adoption and operationalization of drones for public safety and disaster response AUSTIN, TX / ACCESSWIRE / December 10, 2024 / The Autonomy Institute today announced Ondas Holdings Inc. (NASDAQ:ONDS) as a lead commercial partner within the Intelligent Infrastructure Economic Zone (IIEZ) on Texas State Highway 130 (SH130). The initial design will enable ten drone zones to support high-traffic regions between the Circuit of the Americas and Georgetown, Texas.
Ondas Note Holder Purchases $4.1 million of Convertible Notes: Funds Primarily to Support Drone Business Expansion and Build Inventory to Meet Growing Demand
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.
