Ondas Holdings Inc. Stock Price, News & Analysis

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.

Ondas Holdings Inc. (NASDAQ:ONDS) has announced a new purchase order from Chevron for its autonomous drone technology, specifically the Scout Systems. This marks a significant milestone as it is American Robotics' second Fortune 100 customer in the oil and gas industry. The Scout System will enhance asset management efficiency through automated monitoring, reducing costs and improving safety. The oil and gas sector is projected to invest $15.6 billion in digital transformations by 2030, indicating strong growth potential in autonomous technology.

Ondas Holdings Inc. (NASDAQ: ONDS) has launched a new rail communications research project at Penn State Altoona's Rail Transportation Engineering program. This initiative aims to utilize Ondas Networks' 802.16 standards-based platform to enhance railroad communication capabilities through advanced frequency, capacity, and modulation schemes. The project will benefit students and the rail industry, fostering next-generation communication systems. Ondas Networks addresses critical connectivity issues for multiple industries, including railroads, utility, and transportation, with its proprietary wireless technology.

Ondas Holdings (NASDAQ: ONDS) announced an order for a radio system to establish the North American Rail Lab at its headquarters in Sunnyvale, CA. This lab will facilitate interoperability testing of 802.16 compliant wireless systems and optimize rail network configurations. CEO Eric Brock emphasized the lab's importance for clients integrating Ondas' wireless platform across operational areas. Ondas specializes in private wireless and automated data solutions through its subsidiaries, Ondas Networks and American Robotics, targeting critical infrastructure sectors.

Ondas Holdings Inc. has appointed Derek Reisfield as President, CFO, Treasurer, and Secretary, succeeding Stewart Kantor, who remains President of Ondas Networks. Reisfield, a board member since 2018, brings extensive financial and strategic experience. His leadership aims to support the company's growth in private wireless and automated data solutions through subsidiaries Ondas Networks and American Robotics. This management change is expected to enhance strategic operations and focus on emerging market opportunities.

Ondas Holdings Inc. (NASDAQ: ONDS) announced that its Mercury Radio has received authorization from the FCC for use in the licensed 450 MHz Air-Ground frequency band. This development follows a January 2021 FCC waiver allowing lower transmit power, making the frequency feasible for unmanned aerial systems and drones. The smaller size of the radio facilitates longer flight times and increased frequency reuse. CEO Eric Brock emphasized the innovation behind this technology, which enhances connectivity options in the drone ecosystem.

Ondas Holdings Inc. (NASDAQ:ONDS) reported Q3 2021 financial results, highlighting significant milestones in its subsidiaries, Ondas Networks and American Robotics. Ondas Networks received its first commercial 900 MHz Rail Order from Siemens Mobility, while American Robotics secured its first order from a Fortune 100 Oil & Gas company. Financially, revenue decreased by 54% year-over-year to $0.3 million, with a gross profit drop of 95%. Operating expenses rose by 36%, leading to a net loss of approximately $4.9 million. The company held $47.5 million in cash as of September 30, 2021.