Drone stocks are giving back a meaningful chunk of their August advance at midday Friday, even as broad equities push higher.
The drone complex is snapping back this morning after Monday's bruising session, and the ordering of the bounce mirrors the ordering of the selloff almost exactly. Higher-beta names are leading.
Ondas delivered a huge second quarter. Revenue rose more than thirteen times from a year ago, while pro forma backlog reached $757 million. The opportunity is real. Ondas has meaningful defense orders, exposure to a major United States drone procurement cycle, and a much broader product lineup after several acquisitions. My concern is what all of that growth will be worth per share. The share count has climbed quickly, adjusted EBITDA losses widened, and another 45 million DZYNE shares are due in Jan 2027.
| Communications Equipment Industry | Information Technology Sector | Eric Ashley Brock CEO | XDUS Exchange | US68236H2040 ISIN |
| US Country | 477 Employees | - Last Dividend | 16 Nov 2020 Last Split | - IPO Date |
Ondas Holdings Inc. operates through its subsidiaries to deliver a range of proprietary solutions centered on private wireless, drones, and automated data systems. The company is divided into two primary segments: Ondas Networks, which focuses on the provision of secure, industrial-grade wireless connectivity, and Ondas Autonomous Systems, dedicated to advancing drone technology and data automation. Ondas Holdings caters to the critical requirements of diverse sectors, including rail, energy, mining, agriculture, public safety, critical infrastructure, and government, offering its cutting-edge technologies both domestically and internationally. With its headquarters set in Waltham, Massachusetts, the corporation stands as an epitome of innovation, delivering software-defined radio platforms and AI-powered drones designed for mission-critical applications across the globe.
A flagship software-defined radio (SDR) platform, FullMAX, enables the creation of wide-area broadband networks that are both secure and reliable. Tailored for mission-critical connectivity, this system finds applications in various industrial settings, offering a versatile solution for robust data transmission.
The Optimus drone, enhanced with AI capabilities, is designed with imaging payloads to conduct sophisticated aerial surveys and operations. This drone serves a multitude of sectors by providing enhanced data collection and situational awareness from above.
A ruggedized, weatherproof base station, the Airbase, is constructed for housing drones, processing data, and facilitating data transfer to the cloud. Its durable design ensures reliable operation in various environmental conditions, making it an essential component of any drone-based data collection system.
Insightful is a secure web portal and API suite that enables users to remotely interact with the system, access data, and leverage analytics from any part of the world. This platform ensures that actionable insights are readily available, promoting efficient decision-making processes.
The Raider is a counter-drone system developed to safeguard critical infrastructure, assets, and personnel against the threat posed by hostile drones. By neutralizing these threats, the Raider plays a crucial role in maintaining the security and integrity of high-risk areas.