Ondas Hldgs Inc Stock Price, News & Analysis

Ondas Holdings (NASDAQ: ONDS) announced that Guy Simpson, COO of Ondas Networks, will present innovative solutions for the rail industry at the Railway Systems Suppliers (RSSI) conference in Indianapolis on September 23, 2021. Ondas Holdings specializes in private wireless data and drone solutions, targeting various sectors including rail, utilities, and oil and gas. The company's FullMAX technology enhances Mission-Critical IoT applications by addressing bandwidth limitations in current wireless networks.

Ondas Holdings Inc. (NASDAQ:ONDS) announced a partnership with Siemens Mobility to showcase their new Airlink Wireless Radio System for the North American rail market.

The live DemoCast will occur on September 17, 2021, at 1:00 PM ET, highlighting capabilities in the newly allocated 900 MHz railroad band. The Airlink products aim to transition the rail industry from legacy networks to advanced, IP-enabled communication systems. Siemens and Ondas are focusing on increasing automation and digitalization in railroads, contributing to global market innovation.

Ondas Holdings Inc. (NASDAQ:ONDS) has announced upcoming investor events, including a tour of American Robotics facilities in Marlborough, Massachusetts, on September 27th from 2:00 - 4:00 pm ET. The tour will feature a demonstration of the Scout System™, the first FAA-approved drone for automated BVLOS operations. Additionally, a virtual presentation focused on AR's growth strategy will take place on September 28th from 10:00 am to Noon ET. Interested parties can register for both events via Ondas Investor Relations.

Ondas Holdings Inc. (NASDAQ: ONDS) announced its Q2 2021 financial results, reporting a 25% decrease in revenue to approximately $0.9 million compared to Q2 2020. Despite this, revenues grew by 51% year-to-date. The company's acquisition of American Robotics closed on August 5, 2021, enhancing its position in the drone solutions market. Ondas raised $51.5 million in an equity offering, strengthening its balance sheet. The net loss narrowed to approximately $2.8 million. Future growth is anticipated through partnerships with Siemens and AURA and ongoing drone deployments.

American Robotics, a subsidiary of Ondas Holdings (NASDAQ: ONDS), has appointed Michael Clatworthy as Vice President of Operations. Previously Head of Operations at Avitas, Clatworthy will oversee corporate and flight operations at American Robotics. His extensive experience in the drone industry includes enhancing UAS inspection operations significantly. Clatworthy expressed excitement about joining at a pivotal growth stage, especially following Ondas' recent acquisition, which will support development and deployment of the Scout System, an advanced automated drone solution.

Ondas Holdings Inc. (NASDAQ: ONDS) is set to release its first quarter financial results on August 16, 2021, prior to market opening. The company will conduct a conference call and webcast to discuss these results and its business outlook at 8:30 AM ET. Ondas focuses on proprietary wireless broadband technology and industrial drone solutions, enabling mission-critical IoT applications across various sectors, including utilities and transportation.

Ondas Holdings (NASDAQ:ONDS) has successfully acquired American Robotics, a pioneer in automated commercial drone systems. This acquisition, supported by 99.7% of Ondas shareholders, aims to enhance connectivity and data collection in critical sectors such as rail and agriculture. American Robotics’ Scout System™ boasts unparalleled autonomy and FAA approvals for beyond-visual-line-of-sight operations. With a $2 million loan from Ondas to scale its operations, American Robotics is positioned to tap into a $100 billion commercial drone market, leveraging its recent contracts with major industries.

Ondas Holdings Inc. (NASDAQ: ONDS) will present at Oppenheimer’s 24th Annual Technology, Internet & Communications Conference on August 9th, hosting one-on-one meetings and a general presentation at 3:45 PM ET. The event will be available via webcast at this link. The company specializes in proprietary wireless broadband technology through its subsidiary, Ondas Networks, catering to industries like railroads, utilities, and aviation. Their FullMAX platform supports mission-critical IoT applications, ensuring reliable communications over extensive areas.

Ondas Holdings Inc. (NASDAQ: ONDS) has announced a special meeting for shareholders on August 5, 2021, to vote on the proposed acquisition of American Robotics, Inc. The definitive proxy statement regarding this transaction was filed on July 6, 2021, and sent to shareholders as of June 28, 2021. The meeting will be held at The Nantucket Hotel in Massachusetts. Investors are encouraged to read the proxy statement, particularly the risk factors included within, as they contain crucial information about Ondas and American Robotics.