Bond Signs Definitive Citywide Agreement to Protect 10,000 Jerusalem Municipal Workers
Rhea-AI Summary
Bond (NASDAQ: OBAI) announced a definitive citywide agreement with the City of Jerusalem to provide its AI-powered preventative personal security services to approximately 10,000 municipal employees. The contract follows a successful pilot with residents and staff, and onboarding has already begun across multiple departments, including social workers, drivers, security and administrative personnel.
According to Bond, Jerusalem is a key proof point for its B2G2C strategy, targeting a global municipal worker market it estimates at about $40 billion. The company highlights over $100 million invested in its platform and references another recent city deployment where a municipality funds Bond for roughly 270,000 residents and its workforce.
Positive
- Jerusalem citywide agreement covering approximately 10,000 municipal employees
- Onboarding already underway across multiple Jerusalem municipal departments
- Municipal worker market estimated at $40 billion addressable opportunity
- Platform development supported by over $100 million of prior investment
- Additional secured city deployment funding services for about 270,000 residents plus workforce
- Recognized as a “sole supplier” in Jerusalem, avoiding competitive tender process
Negative
- None.
News Explained
The agreement’s procurement path is that Jerusalem recognized Bond as a “sole supplier,” so the city did not require a competitive tender; this explains how the citywide deal was awarded, not its financial size.
Market reaction after Jerusalem municipal partnership: OBAI +20.40%
Following this news, OBAI has gained 20.40%, reflecting a significant positive market reaction. Argus tracked a peak move of +39.5% during the session. Argus tracked a trough of -9.5% from its starting point during tracking. Our momentum scanner has triggered 67 alerts so far, indicating high trading interest and price volatility. The stock is currently trading at $0.39. Trading volume is exceptionally heavy at 539.7x the average, suggesting very strong buying interest.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 24 | Investor webinar | Neutral | +2.4% | CEO webinar scheduled to discuss recent announcements and company developments |
| Aug 20 | Market expansion | Positive | +8.9% | Agreement expanded Bond’s preventative security services into residential real estate |
| Aug 14 | Quarterly earnings | Negative | -23.8% | Revenue declined year over year despite lower expenses and higher cash |
| Aug 05 | Earnings scheduling | Neutral | -2.0% | Company scheduled release of second-quarter financial results and business update |
| Jul 29 | Economic impact study | Positive | +3.8% | EY-Parthenon study quantified annual economic benefits per employee from Bond’s platform |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Positive commercial announcements generally aligned with positive reactions, while the earnings update aligned with a negative reaction.
Key Terms
b2g2c financial
addressable market financial
sole supplier regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Jerusalem Agreement Expands Bond’s B2G2C Strategy Following Successful Pilot and Builds Momentum in an Estimated
Bond Has Begun Onboarding Municipal Employees Across Departments, Demonstrating the Scalability of Its AI-Powered Preventative Personal Security Platform
NEW YORK, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Our Bond, Inc. (“Bond”) (NASDAQ: OBAI), the creator of the world’s first AI-powered Preventative Personal Security platform adopted by leading multinational companies, today announced that it has entered into an agreement with the City of Jerusalem to provide Bond’s personal security services to approximately 10,000 municipal employees, representing another significant citywide deployment and further validation of Bond’s government-to-consumer (“B2G2C”) growth strategy.
The agreement follows a successful pilot of Bond’s platform with both Jerusalem residents and municipal employees. Following the pilot, the City elected to begin its initial deployment with its approximately 10,000-person municipal workforce. The agreement was signed by Jerusalem Mayor Moshe Lion, and Bond has already begun onboarding city employees, including social workers, administrative personnel, drivers, security personnel and employees across other municipal departments. The signing concludes the citywide agreement Bond had previously secured, but not yet signed, with a major international city of more than one million residents, which Bond is now able to identify by name.
Bond believes Jerusalem represents an important proof point for its strategy of working with cities as an efficient channel to reach large populations, especially since as in other cities Bond was recognized as a “sole supplier” and was not required to participate in a competitive tender process due to the uniqueness of Bond’s preventative personal security services. The Company estimates that there are hundreds of millions of municipal workers globally, representing an estimated
“We are beginning to see the results of the investments we made to drive growth following our public listing,” said Doron Kempel, Founder and Chief Executive Officer of Bond. “The municipal market represents a particularly promising and efficient route to market for Bond. In Jerusalem, we are beginning with approximately 10,000 city employees, but see significant room for growth by expanding the deal to include residents. In another recently secured city deployment, the municipality is funding Bond for approximately 270,000 residents and its municipal workforce. In both cases, the city serves as a highly efficient channel for bringing Bond’s preventative personal security services to large populations.”
Mr. Kempel continued, “Our objective is straightforward: to make professional personal security accessible to as many people as possible. Cities, much like large corporations, can provide Bond with a direct path to thousands, or potentially hundreds of thousands, of end users through a single relationship. Importantly, these recent wins are in markets where Bond is already operational, allowing us to scale without significant additional infrastructure investment. As utilization grows, we expect to add Bond Personal Security Agents at ratios to the number of end users protected that allow for very compelling economics, supporting what we are confident will be a highly scalable and increasingly profitable operating model.”
Bond’s technology platform combines artificial intelligence, advanced mobile capabilities and professionally trained Personal Security Agents to deliver proactive, real-time personal security support. Unlike traditional emergency-response solutions that primarily react after an incident has occurred, Bond is designed to help prevent, deter and de-escalate potentially dangerous situations before they become emergencies.
The Company believes its differentiated platform, the product of over
Bond intends to continue pursuing municipal opportunities, initially focusing on international markets where its infrastructure and operations are already established. By leveraging its existing capabilities, the Company believes it can onboard substantial new populations while maintaining operating efficiency and limiting incremental infrastructure requirements.
About Bond
Bond is an international company headquartered in New York City — with command centers around the world — that is redefining personal security through its AI-powered Preventative Personal Security platform. The company has invested more than
Bond offers personal security to more people than any other company globally. Bond is trusted by leading corporations, cities, and universities, and has already supported more than 1.25 million security service requests, including over 10,000 emergencies and life-saving interventions. Bond operates in 28 countries and growing, positioning itself as a new global standard for personal security and peace of mind. Additional information about the Company is available at: www.ourbond.com.
Forward-Looking Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading “Risk Factors” in our most recent Registration Statement on Form S-1, under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K, or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC, copies of which are available on the SEC's website at www.sec.gov. Our Bond, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise that occur after the date of this release, except as required by law.
Contact:
Crescendo Communications, LLC
212-671-1020
OBAI@crescendo-ir.com
