Ondas Holdings Inc. (ONDS)
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.
Ondas Receives its Latest Purchase Order for the Iron Drone Raider Counter-Drone System from a Major Defense Company
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.
Ondas Holdings Receives Extension to Regain Compliance with Nasdaq's Minimum Bid Requirement
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. (ONDS) Q3 2024 Earnings Conference Call Transcript
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) Reports Q3 Loss, Tops Revenue Estimates
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.
Ondas Holdings Reports Third Quarter 2024 Financial Results: Secures $14.4 Million in Drone Platform Purchase Orders in Q3
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.
Ondas Holdings' Airobotics Secures $1 Million Grant from Israel Innovation Authority to Further Enhance Its AI-Driven Irone Drone Raider Counter-Drone System
Funding accelerates development of new features for the Iron Drone Raider, an advanced drone interception system Need for effective defensive counter-drone solutions has never been greater Grant highlights Airobotics' innovation and valuable contributions to Israel's advanced aerospace sector, recognized globally for leadership in drone and interception technologies BOSTON, MA / ACCESSWIRE / November 7, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone solutions, today announced that the Israel Innovation Authority (IIA) has awarded a NIS 3.8 million (approximately $1 million) grant to support further development of its Iron Drone Raider counter-uncrewed aircraft system (UAS) owned by its wholly-owned subsidiary, Airobotics LTD.("Airobotics").
Ondas Holdings to Report Third Quarter 2024 Financial Results on Tuesday, November 12, 2024, at 8:30 a.m. ET
BOSTON, MA / ACCESSWIRE / November 5, 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, will hold a conference call on Tuesday, November 12, 2024, at 8:30 a.m. Eastern Time to discuss its financial results for the third quarter ended September 30, 2024.
