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) 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.
Ondas Holdings Inc. (NASDAQ: ONDS) announced its first purchase order from a major European rail customer for its FullMAX MC-IoT private wireless network technology. CEO Eric Brock highlighted the company's focus on expanding into industrial and government markets, leveraging success in North America to enter Europe. The FullMAX technology aims to address the need for reliable data links in European rail systems, which current legacy networks cannot meet. The market is shifting towards more reliable wireless networks as data-intensive applications grow.
Ondas Holdings Inc. (NASDAQ: ONDS) has successfully closed a public offering of 7,360,000 shares of common stock at $7.00 per share, netting approximately $47.4 million after expenses. The offering included 960,000 shares from an over-allotment option exercised by underwriters. The company plans to utilize the funds for working capital and general corporate purposes. Oppenheimer & Co. acted as the sole book-running manager, with B. Riley Securities leading the offering. A shelf registration statement related to the shares was filed with the SEC.
Ondas Holdings Inc. (NASDAQ: ONDS) has priced its public offering of 6,400,000 shares at $7.00 each, anticipating gross proceeds of $44.8 million, before expenses. The funds will support working capital and general corporate purposes. Additionally, Ondas has granted underwriters a 30-day option to purchase up to 960,000 more shares. The offering is scheduled to close around June 11, 2021, subject to customary conditions. Oppenheimer & Co. Inc. is the sole book-running manager for this offering.
Ondas Holdings Inc. (NASDAQ: ONDS) announced plans for an underwritten public offering of its common stock, which may include an option for underwriters to purchase additional shares. The offering is subject to market conditions, and Ondas intends to use the net proceeds for working capital and general corporate purposes. Oppenheimer & Co. Inc. is the sole book-running manager, with B. Riley Securities, Inc. as the lead manager. A shelf registration statement is effective, and the final offering terms will be disclosed in a prospectus supplement filed with the SEC.
Ondas Holdings Inc. (NASDAQ: ONDS) has been selected for inclusion in the Russell Microcap® Index, effective June 28, 2021. This membership is significant, as it automatically includes the company in various growth and value style indexes utilized by investment managers. FTSE Russell’s indexes benchmark approximately $10.6 trillion in assets.
CEO Eric Brock stated that this selection is a crucial milestone for Ondas as it positions the company as a leader in industrial automation, particularly with its FullMAX wireless platform.
Ondas Holdings Inc. (NASDAQ: ONDS) is set to hold a business update call on May 27, 2021, at 8:30 AM ET, focusing on the ongoing acquisition of American Robotics, Inc.. This event will provide investors with essential updates regarding the merger and future business strategies. The live webcast can be accessed on the company's Investor Relations website. Ondas is a developer of wireless broadband technology aimed at industrial markets, offering solutions that meet the increasing demand for reliable communication in challenging environments.
Ondas Holdings Inc. (NASDAQ: ONDS) has entered into a definitive agreement to acquire American Robotics for $70.6 million. American Robotics is known for its fully-automated commercial drone systems and is the first FAA-approved company to operate its drones beyond-visual-line-of-sight (BVLOS). This acquisition aims to integrate both companies’ technologies, enhancing automation and AI analytics in industrial markets, thus potentially tapping into the $100 billion commercial drone market. The transaction is expected to close in Q3 2021, pending stockholder approval.
Ondas Holdings Inc. (NASDAQ: ONDS) reported record revenue growth of 480% year-over-year for Q1 2021, achieving approximately $1.2 million in revenues driven by partnerships with Siemens and AURA. Gross profit increased to $0.6 million. Operating expenses rose to $3.5 million primarily due to stock-based compensation. The company incurred a net loss of $3.1 million. Looking forward, Ondas anticipates Q2 2021 revenues between $1.0 and $1.5 million and aims for commercial bookings in the second half of 2021 from its Rail and UAS initiatives.
Ondas Holdings Inc. (NASDAQ: ONDS) will host online meetings at the Oppenheimer 6th Annual Emerging Growth Conference on May 11th. The company, through its subsidiary Ondas Networks, specializes in software-based wireless broadband technology aimed at industrial markets. Its FullMAX platform supports Mission-Critical IoT applications, addressing bandwidth issues in legacy networks. Key sectors include railroads, utilities, and government entities requiring reliable communications over extensive areas. For more details, visit www.ondas.com.
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