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Ondas Holdings Inc. - $ONDS STOCK NEWS

Welcome to our dedicated page for Ondas Holdings news (Ticker: $ONDS), a resource for investors and traders seeking the latest updates and insights on Ondas Holdings stock.

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Rhea-AI Summary

Ondas Holdings Inc. (NASDAQ: ONDS) announced a reseller partnership with C-Astral Aerospace , expanding Airobotics' market reach into Europe, specifically targeting southeast European countries. Airobotics' Optimus Systems will be marketed by C-Astral to provide commercial drone solutions to customers in Europe. C-Astral's diverse customer base includes commercial UAS operators, government entities, and scientific users across over 70 countries. Airobotics' Optimus System, already deployed in the UAE and Israel, offers autonomous drones capable of various missions without on-the-ground human intervention.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
partnership
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Rhea-AI Summary

Ondas Holdings Inc. (NASDAQ: ONDS) secured an initial purchase order for its Iron-Drone Raider counter-drone system from a major defense company in Israel. The system utilizes AI technology to neutralize hostile drones, with additional orders expected. The platform was enhanced to meet military requirements, offering a cost-effective solution to protect borders and critical infrastructure assets worldwide.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
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none
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Rhea-AI Summary

Ondas Holdings Inc. (NASDAQ: ONDS) subsidiary, Airobotics, secures a service agreement for additional Optimus Drone Systems from a local government entity in Dubai, UAE. The Optimus System fleet has been extensively utilized, with potential growth to over 20 systems in Dubai alone. The agreement covers ongoing maintenance and support services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
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none
Rhea-AI Summary
Ondas Holdings appoints Joe Popolo, its largest shareholder with 19% ownership, to the Board of Directors. Popolo's strategic leadership and investment align with the company's growth in industrial wireless networks and commercial drones.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.84%
Tags
management
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Rhea-AI Summary
Ondas Holdings Inc. (ONDS) reported a record 2023 revenue of $15.7 million, a 638% increase over 2022, driven by the Optimus System's commercial adoption. Q4 2023 revenues were $5.0 million, a 10-fold increase over 2022. Continued growth is expected in 2024, with a focus on Ondas Networks and Ondas Autonomous Systems. The Company aims to scale its technologies, drive shareholder value, and expects significant revenue growth for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.84%
Tags
-
Rhea-AI Summary
Ondas Holdings Inc. (NASDAQ:ONDS) announces a strategic partnership between its subsidiary American Robotics Inc. and ResilienX Inc. to enhance safety and reliability in autonomous systems, particularly for Beyond Visual Line of Sight (BVLOS) applications. The collaboration aims to integrate ResilienX's IASMS solution, FRAIHMWORK®, to monitor and assure the health, integrity, and performance of BVLOS ecosystems and fully autonomous solutions, including the Optimus System. American Robotics will also begin reselling ResilienX's software solutions, focusing on advancing autonomy assurance services for complex operational environments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.01%
Tags
partnership
Rhea-AI Summary
Ondas Holdings Inc. (NASDAQ:ONDS) will discuss its financial results for Q4 and full year 2023 in a conference call on April 1, 2024. The call will include a Q&A session and encourage pre-registration for immediate access. The event will be broadcast live and available for replay on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
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conferences earnings
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Rhea-AI Summary
Ondas Holdings Inc. (NASDAQ:ONDS) announces a strategic partnership between its subsidiary American Robotics Inc. and Senhive BV, enhancing autonomous drone operations across defense, government, and commercial sectors. The collaboration integrates Senhive's airspace security solutions into American Robotics' product portfolio, showcasing real-world operational success in a recent demonstration with MassDOT and Mass Maritime Academy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
partnership
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Rhea-AI Summary
Ondas Holdings Inc. (ONDS) reported a significant increase in 2023 record revenue, reaching $15.7 million, with Q4 2023 revenue hitting $5 million. An investor group, including Charles & Potomac Capital, injected $8.6 million to fuel growth. Ondas Autonomous Holdings (OAH) was formed to oversee drone businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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none
Rhea-AI Summary
Ondas Holdings Inc. establishes Ondas Autonomous Holdings Inc., wholly owning American Robotics and Airobotics. OAH aims to leverage Ondas' drone technology leadership to drive growth and consolidation in the global market. OAS generated $9.0 million revenue in 2023, with a focus on Optimus and Iron Drone Raider platforms for industrial, government, and defense sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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none
Ondas Holdings Inc.

Nasdaq:ONDS

ONDS Rankings

ONDS Stock Data

53.83M
48.21M
18.13%
13.36%
2.72%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
United States of America
MARLBOROUGH

About ONDS

full spectrum designs, develops, manufactures, sells and supports its multi-patented fullmax wireless technology. fullmax base station and remote radios are used by its electric utility customers to create private licensed cellular data networks providing ubiquitous data coverage across 100,000s of square miles.