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.
News about Ondas Holdings Inc. (Nasdaq: ONDS) centers on its activities in autonomous systems, private wireless connectivity and defense and security technology. Company press releases highlight developments across its business units Ondas Autonomous Systems (OAS), Ondas Networks and Ondas Capital, giving investors and observers insight into how the platform is evolving.
OAS-related news often covers new orders and program wins for autonomous aerial and ground systems, counter‑UAS platforms and multi‑domain defense solutions. Recent announcements describe purchase orders for counter‑UAS solutions for critical infrastructure operators, integrated autonomous drone systems and robotic ground platforms for government security customers. Updates also discuss pilot programs, such as AI‑powered demining initiatives conducted with partners, and cooperation agreements aimed at expanding engineering, manufacturing and deployment capacity in regions like Europe.
Corporate and capital markets news includes disclosures about registered direct offerings of common stock and warrants, with stated uses of proceeds for corporate development, acquisitions, joint ventures and investments. Filings and releases also report on acquisitions such as Roboteam Ltd., a provider of rugged tactical unmanned ground vehicles, and strategic investments in defense‑technology companies.
Governance and organizational updates appear in both news releases and SEC filings, including executive appointments, changes in board composition, stock incentive plan amendments and planned corporate name and headquarters changes. Event‑driven items, such as participation in investor conferences and dedicated investor days, provide additional context on management’s business plan and strategic priorities.
By following the ONDS news feed on Stock Titan, readers can review these company‑issued announcements and related coverage in one place, tracking developments in Ondas’ autonomous systems portfolio, private wireless activities, capital formation efforts and corporate governance over time.
Ondas Holdings Inc. (NASDAQ:ONDS) reported fourth quarter and full-year financial results for 2022, reaffirming its outlook for 2023. Revenues for Q4 2022 were approximately $0.5 million, a decline from $0.6 million in Q4 2021, while full-year revenues decreased by 28% to $2.1 million. The company experienced an operating loss of approximately $34.5 million in Q4 and $69.4 million for the year, impacted by a $19.4 million goodwill impairment charge. Despite these losses, Ondas anticipates significant revenue growth in 2023, projecting between $26 million and $30 million, supported by commercial adoption of its FullMAX and Optimus systems.
Ondas Holdings Inc. (NASDAQ: ONDS) announced that the IEEE 802.16 industrial wireless open standard, 802.16t, has advanced toward formal ratification. This standard includes significant contributions from Ondas Networks and addresses the specific needs of the Railroad Industry. The new standard is software upgradable for existing equipment. The initiative aligns with the FCC's 2020 grant of new frequencies to enhance railroad safety and efficiency.
Partnerships with Siemens Mobility and industry stakeholders were crucial for this progress, aiming to create a nationwide rail-owned data network.
Ondas Holdings Inc. (NASDAQ: ONDS) has signed a Memorandum of Understanding (MOU) with Dubai Police during the World Police Summit. This partnership aims to enhance aerial solutions against potential threats through Airobotics' Optimus Solution and Iron Drone systems. Dubai Police intends to purchase these counter-drone solutions and collaborate on integrating advanced AI technologies to optimize the systems for public safety. The collaboration builds on a two-year relationship that has already led to the creation of a drone infrastructure for urban environments, showcasing the ongoing commitment to safety and innovation.
Ondas Holdings Inc. (NASDAQ: ONDS) will hold a conference call on March 14, 2023, at 8:30 a.m. ET to discuss its fourth quarter and full year financial results for 2022. The call will be accessible via toll-free and international dial-in numbers, with pre-registration encouraged for ease of access. Ondas provides industrial wireless networks and automated drone solutions through its subsidiaries, focusing on enhancing connectivity in critical infrastructure sectors. The conference aims to address financial outcomes and future strategies, providing a platform for investor engagement.
Ondas Holdings Inc. has acquired the assets of Iron Drone Ltd., enhancing its offerings in homeland security and public safety. Effective March 6, 2023, this acquisition positions Ondas in the expanding markets of counter-drone technology. The Iron Drone system will be showcased at the World Police Summit in Dubai from March 7-9.
The integration of Iron Drone's technology into Ondas' Optimus System™ aims to create a comprehensive solution for critical infrastructure protection. Initial interest from potential customers highlights the demand for non-weaponized drone defense solutions, addressing recent concerns about drone-related threats.
Ondas Holdings Inc. (NASDAQ: ONDS) announced that its subsidiary, Airobotics, received a new order for services from a leading semiconductor chip manufacturer. The Optimus System, an aerial data platform, has been operational since 2016 at a major chip fabrication facility in Israel, ensuring project safety and security. This technology will extend to construction management, offering progress monitoring and data analytics. The continued partnership with a Fortune 100 company showcases the reliability of Airobotics' autonomous drone technology, presenting opportunities for expansion in the construction management sector.
Ondas Holdings Inc. (NASDAQ:ONDS) has announced preliminary financial results for 2022, projecting total revenue of approximately $2.1 million and an Adjusted EBITDA loss of $39.5-$40.5 million. The company ended the year with $29.8 million in cash and outstanding convertible notes. A new business segment, Ondas Autonomous Systems, has been formed to manage drone operations. Key appointments include Reese Mozer as President of Ondas and Meir Kliner as President of Ondas Autonomous Systems. Looking ahead, Ondas expects preliminary revenue guidance for 2023 between $26 million and $30 million.
Ondas Holdings Inc. (NASDAQ: ONDS) announced a multi-system purchase order worth $3.5 million from SkyGo, a UAE-based company, for the deployment of aerial drone services in Abu Dhabi. This partnership, formalized in a Term Sheet for a Joint Venture (SkyGo JV), aims to utilize Airobotics’ Optimus System for various commercial applications. The initial deployment will include over 20 Optimus Systems to enhance public services and infrastructure monitoring. This venture is expected to begin commercial operations in Q1 2023, marking a significant step forward in the usage of autonomous drone technology in urban settings.
Ondas Holdings Inc. (Nasdaq: ONDS) will host a Virtual Investor Event on February 14, 2023, at 10:00 a.m. ET, led by Chairman and CEO Eric Brock. The event will discuss the 2023 business outlook and integration of the drone segment following the Airobotics acquisition. Attendees can access the webcast via the company's investor relations website. A toll-free dial-in number (1-844-883-3907) and international number (1-412-317-5798) will be available. The presentation will cover Ondas Networks and its drone solutions, emphasizing advancements in AI-powered autonomous drone capabilities.
Ondas Holdings has completed its acquisition of Airobotics effective January 23, 2023. This strategic move enhances Ondas' market position in the drone industry by adding advanced autonomous unmanned aircraft systems and data visualization platforms to its portfolio. The acquisition is expected to drive significant revenue growth in 2023, leveraging Airobotics' capabilities and proven technology. Additionally, Ondas will be dual-listed on Nasdaq and the Tel Aviv Stock Exchange starting January 26, 2023. A virtual investor event is scheduled for February 14, 2023, to detail integration efforts and discuss the company's outlook.