Ondas Hldgs Inc Stock Price, News & Analysis

Ondas Holdings Inc. (Nasdaq:ONDS) announced the appointment of Gretchen West as Senior Advisor of Business Development for its subsidiary, American Robotics. With over 18 years of experience in the drone industry, including her role as President and CEO at Schiebel Aircraft, West aims to enhance business development and foster strategic partnerships in various sectors like oil, gas, and mining. CEO Reese Mozer emphasized the importance of her expertise in driving growth and strengthening customer relationships.

Ondas Holdings Inc. (NASDAQ:ONDS) announces that its subsidiary, American Robotics, has secured FAA approval for seven additional sites to operate its automated BVLOS drone technology, the Scout System™. This brings the total to ten operational sites across eight U.S. states, enhancing American Robotics' leading position in the commercial drone industry. The approval allows for scalable autonomous operations, enabling clients like Chevron and ConocoPhillips to benefit from improved data collection capabilities without human operators on-site. This milestone marks significant progress in the adoption of autonomous drones.

Ondas Holdings Inc. (Nasdaq: ONDS) has successfully acquired the assets of Ardenna, a leader in image processing and machine learning software for rail infrastructure monitoring. This acquisition positions Ondas and its subsidiary, American Robotics, to enhance their automated drone solutions with Ardenna's advanced analytics software. The integration aims to improve inspection services for rail customers, driving operational efficiency and safety. Ondas anticipates this strategic move will facilitate growth within the rail industry.

Ondas Holdings reported a transformational year in 2021, driven by successful orders in the rail sector and the acquisition of American Robotics. Ondas Networks secured its first commercial 900 MHz rail order and additional orders from Siemens for Class I railroads. American Robotics expanded its drone technology with significant customers including Chevron. The company ended 2021 with over $40 million in cash and aims for $20 million in product bookings in 2022. A definitive agreement to acquire rail inspection analytics firm Ardenna was also announced, enhancing its market position.

Ondas Holdings Inc. (NASDAQ:ONDS) has announced its definitive agreement to acquire Ardenna, a leader in image processing and machine learning for rail infrastructure monitoring. This strategic acquisition will enhance American Robotics' automated drone platform, integrating Ardenna's advanced analytics software to improve operational efficiency and safety in the rail industry. The acquisition is expected to close in Q2 2022 and aims to provide scalable ROI through enhanced data solutions, collaborating with major rail companies across North America.

Ondas Holdings Inc. (Nasdaq:ONDS) will hold a conference call on March 22, 2022, at 8:30 a.m. ET to discuss its financial results for Q4 and full year ended December 31, 2021. CEO Eric Brock and CFO Derek Reisfield will lead the call, followed by a Q&A session. Key details include:

• Date: March 22, 2022
• Time: 8:30 a.m. ET
• Toll-free dial-in: 844-883-3907
• International dial-in: 412-317-5798

Listeners are encouraged to pre-register for immediate access. Replay available post-call.

Ondas Holdings (NASDAQ: ONDS) has appointed Gateway Group to enhance its investor relations efforts. This collaboration aims to refine company messaging, provide strategic advisory services, and foster connections with institutional investors. Following a successful public offering and acquisition of American Robotics, Ondas is focused on growth opportunities. The company will participate in the 34th Annual ROTH Conference from March 13-15, 2022, with one-on-one meetings scheduled for March 15, aimed at expanding its shareholder base and improving market understanding of its potential.

Ondas Holdings Inc. (NASDAQ:ONDS) announced the appointment of Tracy Lamb as the Senior Advisor of Regulatory Affairs & Safety for its subsidiary, American Robotics. With over 25 years of experience in advanced aviation and unmanned aircraft systems, Lamb aims to enhance the company's regulatory policies in the U.S. and internationally. Previously, she held leadership roles in regulatory safety initiatives and has been integral in developing industry certification programs. Lamb will collaborate with the executive team to bolster American Robotics' regulatory and safety measures.

Ondas Holdings Inc. (ONDS) announces that Reese Mozer, CEO of American Robotics, has been appointed to the board of the Commercial Drone Alliance (CDA). This organization advocates for policies supporting innovation in the commercial drone sector. Mozer aims to address regulatory challenges hindering drone industry growth, such as BVLOS approvals and multi-drone operations. CDA's mission includes promoting the economic benefits of UAS technology, enhancing safety in the national airspace, and ensuring the U.S. maintains its leadership in aviation.