Ondas Holdings Inc. (ONDS)
Ondas Secures $3.5 million Investment in Ondas Autonomous Systems in Transaction Led by Ondas Chairman and CEO Eric Brock and Board Member Joe Popolo
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.
Markus Nottelmann Joins Ondas Holdings as a Senior Advisor Focused on Ondas Networks Initiatives
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 Holdings' Airobotics Secures $5.4 Million Purchase Order from a Major Defense Customer for the Optimus System, a Fully Autonomous Unmanned Aerial Surveillance Platform
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.
Ondas Receives $8.0 Million Purchase Order for Iron Drone Raider Systems from Major Military Customer for Aerial Protection Against Hostile Drones
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.
Ondas Holdings Announces Closing of $4.0 Million Registered Direct Offering
MARLBOROUGH, MA / ACCESSWIRE / August 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 through our Ondas Networks and Ondas Autonomous Systems (OAS) business units, today announced that it has closed its previously announced offering of 5,333,334 units of the Company, with each unit consisting of one share of common stock, one Series A warrant to purchase one share of common stock, and one Series B warrant to purchase one share of common stock. Each unit was sold at a public offering price of $0.75, for gross proceeds of $4.0 million (the "Offering"), before deducting commissions and offering expenses.
Ondas Autonomous Systems to Hold Investor Day at American Robotics' Maryland Headquarters Featuring Drone Systems Demonstrations and Webinar
BALTIMORE, MD / ACCESSWIRE / August 29, 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 host an Investor Day and webinar on Thursday, September 12, 2024. The events will focus on the Company's Ondas Autonomous Systems (OAS) business unit.
Ondas Holdings Announces Pricing of $4.0 Million Registered Direct Offering
MARLBOROUGH, MA / ACCESSWIRE / August 28, 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 our Ondas Networks and Ondas Autonomous Systems (OAS) business units, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 5,333,334 units of the Company, with each unit consisting of one share of common stock, one Series A warrant to purchase one share of common stock, and one Series B warrant to purchase one share of common stock. Each unit was sold at a public offering price of $0.75, for gross proceeds of $4.0 million (the "Offering"), before deducting commissions and offering expenses.
Ondas Holdings Inc. (ONDS) Q2 2024 Earnings Call Transcript
Ondas Holdings Inc. (NASDAQ:ONDS ) Q2 2024 Earnings Conference Call August 14, 2024 8:30 AM ET Company Participants Eric Brock - Chairman & CEO Neil Laird - Interim CFO Guy Simpson - President & COO, Ondas Networks Meir Kliner - President, Autonomous Systems Tim Tenne - CEO, American Robotics Conference Call Participants Glenn Mattson - Ladenburg Thalmann Matthew Galinko - Maxim Group Operator Welcome to the Ondas Holdings, Inc. Second Quarter 2024 Conference Call. All participants will be in listen-only mode.
Ondas Holdings Inc. (ONDS) Reports Q2 Loss, Tops 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 $0.17. This compares to loss of $0.18 per share a year ago.
Ondas Holdings Reports Second Quarter 2024 Financial Results
Ondas secures initial purchase orders for Iron Drone Raider from a global defense company and a major military customer Major military customer places additional purchase order to expand the initial Iron Drone program, as announced earlier today American Robotics secures key contract with United States Coast Guard for maritime emissions monitoring to support EPA Clean Ports initiatives Iron Drone Raider is emerging as a best-in-class 'hard kill' counter drone solution addressing the urgent need for protection from hostile drones Ondas Networks' distribution partner secures initial purchase order for deployment on 900 MHZ from transit operator in Southwest Conference Call Scheduled for Today at 8:30 a.m. ET MARLBOROUGH, MA / ACCESSWIRE / August 14, 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 our Ondas Networks and Ondas Autonomous Systems (OAS) business units, reported financial and operating results for the second quarter ended June 30, 2024.
Ondas Secures Expansion of its Initial Purchase Order of Iron Drone Raider Systems Received from a Major Military Customer for Immediate Deployment
Expansion of initial purchase order received from a government military customer reflects the urgent need for Ondas' innovative counter-drone system Iron Drone Raider system Additional volume orders are expected in the second half of 2024 based upon combat success MARLBOROUGH, MA / ACCESSWIRE / August 14, 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, updated today that it has received an expansion of the initial purchase order received from a military customer for several Iron Drone Raider (the "Raider") counter-drone systems. The expansion includes additional features and support services for the systems that will be deployed and operated as part of military defense activities to protect from hostile drones threatening borders, critical locations, populations and defense forces.
Ondas Holdings to Report Second Quarter 2024 Financial Results on August 14, 2024 at 8:30 a.m. ET
MARLBOROUGH, MA / ACCESSWIRE / August 7, 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 Wednesday, August 14, 2024, at 8:30 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024.
