Latest news with #EricBrock
Associated Press
3 days ago
- Business
- Associated Press
Ondas Secures $14.3 Million Order from a Leading Defense Customer for Optimus Drone Systems
Order Represents Largest Optimus System Order to Date, Reinforcing Expansion in Global Defense and Security Markets Increases Ondas' Backlog to $28.7 Million, Up from $10.0 Million at Start of 2025 BOSTON, MASSACHUSETTS / ACCESS Newswire / June 9, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) ('Ondas' or the 'Company'), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, today announced that its subsidiary, Airobotics Ltd., has secured a $14.3 million purchase order from a major defense customer for multiple units of its Optimus System, the Company's advanced autonomous drone platform. The Optimus System enables fully autonomous data captured across a variety of applications, and we believe the system stands out as one of the most advanced platforms available on the market. This order represents Ondas' largest single purchase order for the Optimus System. 'We're proud to expand our partnership with a key defense customer through this strategic order,' said Eric Brock, Chairman and CEO of Ondas Holdings. 'Our Optimus platform is proving to be a critical enabler for modern security operations, particularly in military applications requiring autonomous, round-the-clock coverage to secure borders and strategic facilities under complex and constrained conditions.' The purchase order marks a significant milestone in Ondas Holdings' strategic roadmap, underscoring its accelerated expansion into the global defense and homeland security markets. Building on its commitment to deliver advanced autonomous drone solutions, Ondas is focused on leveraging cutting-edge technology to enhance critical infrastructure protection, border security, and strategic surveillance capabilities. This deal validates the competitive strengths and operational maturity of the Optimus System and also reinforces Ondas' position as a trusted provider of sophisticated, autonomous platforms capable of performing in complex, high-stakes military environments. Moving forward, the Company intends to further deepen its relationships with defense customers globally, which should drive revenue growth and expand its market presence through continued innovation and strategic partnerships. 'We believe our Optimus System represents the pinnacle of drone-in-a-box technology, providing unmatched autonomy and operational reliability for governmental entities worldwide,' said Oshri Lugassy, Co-CEO of Ondas Autonomous Systems. 'We see significant potential for further adoption across global defense and public safety sectors, as more agencies recognize the compelling advantages of deploying a robust, fully autonomous aerial platform capable of persistent, real-time monitoring and data collection in demanding operational environments.' This purchase order significantly increases Ondas' current revenue backlog to $28.7 million, net of VAT impacts on orders - from $10 million at the start of 2025. The increasing order book and an expanding customer pipeline for Ondas' drone business underscores the growing market adoption of the Company's Optimus and Iron Drone Raider systems and supports the Company's optimistic outlook for sustained growth through 2025 and beyond. About Ondas Holdings Inc. Ondas Holdings Inc. ('Ondas') is a leading provider of private wireless data solutions via Ondas Networks Inc. ('Ondas Networks') and commercial drone solutions through Ondas Autonomous Systems Inc. via its wholly-owned subsidiaries American Robotics, Inc. ('American Robotics' or 'AR') and Airobotics LTD ('Airobotics'), which we operate as a separate business unit called Ondas Autonomous Systems. Ondas Networks is a developer of proprietary, software-based wireless broadband technology for large established and emerging commercial and government markets. Ondas Networks' standards-based (802.16t), multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today's legacy private licensed wireless networks. Ondas Networks' customer end markets include railroads, utilities, oil and gas, transportation, aviation (including drone operators), and government entities whose demands span a wide range of mission critical applications. Ondas Autonomous Systems Inc. (OAS) specializes in designing, developing, and marketing autonomous drone solutions via its two advanced drone platforms: the Optimus System, the world's first FAA-certified small UAS (sUAS) for aerial security and data capture, and the Iron Drone Raider, a counter-drone system designed to combat hostile drones. Both platforms are highly automated, AI-powered, and capable of continuous, remote operation for critical defense, infrastructure, industrial, and government applications. American Robotics and Airobotics have achieved industry-leading regulatory milestones, including the first-ever FAA Type Certification for the Optimus System and the first drone system approved by the FAA for automated beyond-visual-line-of-sight (BVLOS) operations without an on-site human operator. Ondas Networks, American Robotics and Airobotics together provide users in defense, homeland security, public safety and other critical industrial and government security and infrastructure markets with improved connectivity, situational awareness and data collection and information processing capabilities. For additional information on Ondas Holdings, visit or follow Ondas Holdings on X and LinkedIn. For additional information on Ondas Networks, visit or follow Ondas Networks on X and LinkedIn. For additional information on American Robotics, visit or follow American Robotics on X and LinkedIn. For additional information on Airobotics, visit or follow Airobotics on X and LinkedIn. For additional information on Ondas Autonomous Systems, follow us on LinkedIn. Information on our websites and social media platforms is not incorporated by reference in this release or in any of our filings with the U.S. Securities and Exchange Commission. Forward-Looking Statements Statements made in this release that are not statements of historical or current facts are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law. Contacts IR Contact for Ondas Holdings Inc. 888-657-2377 [email protected] Media Contact for Ondas Escalate PR [email protected] Preston Grimes Marketing Manager, Ondas Holdings Inc. [email protected] SOURCE: Ondas Holdings Inc. press release
Edinburgh Live
3 days ago
- Entertainment
- Edinburgh Live
Edinburgh Hive nightclub looks to create new image as 'reputable music venue'
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info A mainstay Edinburgh nightclub is seeking to establish itself as a "reputable music venue" in an effort to foster the capital's struggling music scene. Staff at the Hive Nightclub & Venue in Edinburgh's Cowgate area issued a callout to local artists to perform at the venue, seeking "local bands and artist to play live gigs at The Hive." The Hive is known as a clubbing destination, but the team is working to rebrand, with an announcement from the nightclub reading: "Whether you're indie, rock, punk, metal, alt, or something totally unique, we want to hear from you." Edinburgh Live spoke to Eric Brock, 34, who hopes to provide a new space at The Hive for up and coming artists in Edinburgh to make a name for themselves. Eric has been a part of the capital's music scene since 2016 with his band Earl of Hell and claims the scene has been in a state of "steady decline" for years. He said: "Being in a band from Edinburgh, I know how difficult it is for up and coming bands to get on a show. It's different for Glasgow [but for] Scotland as a whole, it's tough. We played the majority of our shows down south because there are more places to play, more venues, bigger crowds." As the city loses venues like Studio 24, he sees it as more important than ever to welcome fresh acts to the stage. Eric added: "After Covid, it took a big hit. All the cities in Scotland need to have more music venues and also think about getting people back out to gigs. It's a difficult market." "We're trying to bring live music into the Hive as well as it being a club. Hive is a mainstay club in Edinburgh and has been there for years. It's one of the most popular clubs in Edinburgh, but most people don't know it has music. "We're trying to create an identity as a reputable music venue. It's something that Edinburgh lacks. "We don't want to pigeonhole ourselves for certain genre, any genre is welcome. It is a really solid space for music. It's just about trying to get it out there." Faune Reid, events manager at The Hive, said: "We've always been passionate about supporting grassroots music and local talent. Our call-out for live acts is a chance to give emerging artists a platform in one of Edinburgh's most iconic venues." Join Edinburgh Live's Whatsapp Community here and get the latest news sent straight to your messages.
Yahoo
3 days ago
- Entertainment
- Yahoo
Edinburgh Hive nightclub looks to create new image as 'reputable music venue'
A mainstay Edinburgh nightclub is seeking to establish itself as a "reputable music venue" in an effort to foster the capital's struggling music scene. Staff at the Hive Nightclub & Venue in Edinburgh's Cowgate area issued a callout to local artists to perform at the venue, seeking "local bands and artist to play live gigs at The Hive." The Hive is known as a clubbing destination, but the team is working to rebrand, with an announcement from the nightclub reading: "Whether you're indie, rock, punk, metal, alt, or something totally unique, we want to hear from you." READ MORE: Tragedy as West Lothian man dies in crash after air ambulance lands on busy road READ MORE: Plans for former Edinburgh Fountain Park club and lounge to become restaurant Edinburgh Live spoke to Eric Brock, 34, who hopes to provide a new space at The Hive for up and coming artists in Edinburgh to make a name for themselves. Eric has been a part of the capital's music scene since 2016 with his band Earl of Hell and claims the scene has been in a state of "steady decline" for years. He said: "Being in a band from Edinburgh, I know how difficult it is for up and coming bands to get on a show. It's different for Glasgow [but for] Scotland as a whole, it's tough. We played the majority of our shows down south because there are more places to play, more venues, bigger crowds." As the city loses venues like Studio 24, he sees it as more important than ever to welcome fresh acts to the stage. Eric added: "After Covid, it took a big hit. All the cities in Scotland need to have more music venues and also think about getting people back out to gigs. It's a difficult market." "We're trying to bring live music into the Hive as well as it being a club. Hive is a mainstay club in Edinburgh and has been there for years. It's one of the most popular clubs in Edinburgh, but most people don't know it has music. "We're trying to create an identity as a reputable music venue. It's something that Edinburgh lacks. "We don't want to pigeonhole ourselves for certain genre, any genre is welcome. It is a really solid space for music. It's just about trying to get it out there." Faune Reid, events manager at The Hive, said: "We've always been passionate about supporting grassroots music and local talent. Our call-out for live acts is a chance to give emerging artists a platform in one of Edinburgh's most iconic venues." Join Edinburgh Live's Whatsapp Community here and get the latest news sent straight to your messages.
Associated Press
15-05-2025
- Business
- Associated Press
Ondas Holdings Reports First Quarter 2025 Financial Results-On Track for Record Year
Q1 Revenue of $4.2 Million Driven by OAS Growth and Global Demand for Autonomous Drone Systems Over 500% Year-over-Year Revenue Growth Reflects Execution on Backlog that has Increased to $16.8 M Driven by Strong Order Momentum; Reaffirms Outlook for at least $25 Million in Revenue for 2025 Ended First Quarter with Over $25 Million of Cash to Support Growth Plan New Orders Across Europe, the Middle East and the United States Position OAS for Global Expansion in 2025 dot16 Wireless Platform Gains Traction with AAR Selection for NGHE Rail Communications Upgrade; Ondas Networks Now Positioned to Convert this Market Validation into Commercial Adoption Conference Call Scheduled for Today at 8:30 a.m. ET BOSTON, MA / ACCESS Newswire / May 15, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) ('Ondas' or the 'Company'), a leading provider of private industrial wireless networks and commercial drone and automated data solutions through its Ondas Networks and Ondas Autonomous Systems (OAS) business units, reported financial and operating results for the first quarter ended March 31, 2025. In addition, the Company announced that Joe Popolo will be stepping down from his role as a director in connection with his public service commitments as the nominee to be the U.S. Ambassador to the Kingdom of The Netherlands. 'Ondas is entering 2025 with strong momentum, led by the outstanding performance of our Ondas Autonomous Systems business unit,' said Eric Brock, Chairman and CEO of Ondas Holdings. 'OAS is executing effectively on existing programs while expanding its reach with new defense and homeland security customers in Europe and other regions. We ended Q1 with over $25 million in cash and are actively fulfilling our $10 million backlog from 2024. In addition, we are seeing strong demand growth, with $9.3 million in new OAS orders, and we believe visibility on a robust pipeline that now totals $16.8 million positions us to meet or exceed our $25 million revenue goal for the year. These early results justify our investments in scaling our operating platform and reaffirm our confidence in the long-term growth trajectory of our business outlook.' 'Our team at OAS is advancing key programs in Israel and the UAE with successful deployments of our Iron Drone Raider and Optimus platforms that are now opening new markets in Europe and other regions. These field operations are validating the systems' effectiveness and demonstrating their combat-readiness in live security environments, while helping establish the Raider as the category leader in low-kinetic counter-UAS solutions. In fact, we recently secured our third Iron Drone customer, a governmental entity that will use the Raider for border security. At the same time, we are investing in global scalability by expanding our production capacity, building regional support capabilities, and reinforcing our supply chain to meet growing customer demand. With both Optimus and Raider gaining traction, OAS is transitioning from early customer adoption to attack the large, rapidly growing global defense and security end markets.' 'At Ondas Networks, we continue to strengthen our position as a key technology provider for next-generation rail communications. The recent selection of our dot16 wireless protocol by the Association of American Railroads for the NGHE system represents a major milestone and validates years of focused development. With dot16 now positioned across 900 MHz, 220 MHz, and 450 MHz networks, we are strategically aligned with the industry's long-term modernization plans. Our priority now is to convert this market validation into commercial adoption and build a scalable, high-value business serving critical infrastructure operators across North America.' 'Lastly, on behalf of the Board and the entire Ondas team, I want to thank Joe Popolo for his dedicated service and strategic guidance during a pivotal period of growth for our company. Joe brought thoughtful leadership to the boardroom, and we are grateful for his many contributions. We congratulate him on his appointment as U.S. Ambassador to the Kingdom of The Netherlands and wish him great success in this important public service role,' Brock concluded. 'It has been a privilege to serve on the Ondas Board of Directors and support the Company's mission to deliver transformative technology solutions in critical infrastructure and defense markets. I remain highly confident in the Company's leadership, its strategic direction, and its potential to create meaningful long-term value for shareholders. I look forward to following Ondas' continued progress with great optimism,' Joe Popolo added. First Quarter 2025 and Recent Highlights - Ondas Autonomous Systems (OAS) 'We are seeing momentum build across both the Optimus and Iron Drone platforms as we demonstrate combat readiness of our systems for scaled field deployments,' said Oshri Lugassy, Co-CEO of Ondas Autonomous Systems. 'Since the start of 2025, we secured new orders from both existing and new customers in defense and public safety verticals, reflecting the strength of our portfolio, and the growing demand for autonomous drone capabilities. The Raider platform, in particular, is gaining recognition as a highly effective, combat-ready counter-UAS solution which is driving global demand. We remain focused on expanding our operational capabilities so that OAS can respond to increased demand for the protection and security of critical locations and populations from the threat of hostile drones.' 'Our team is executing on a clear strategy-scaling production, strengthening our service delivery infrastructure, and forming strategic partnerships with industry leaders like Palantir and Volatus Aerospace. With a strong backlog and a robust pipeline of both near and long-term program opportunities, we believe OAS is well-positioned for record performance in 2025 and to lead the global adoption of autonomous aerial systems deployed in critical security environments,' Lugassy concluded. First Quarter 2025 and Recent Highlights - Ondas Networks 'Ondas Networks is making important progress in driving adoption of our dot16 wireless technology across critical rail infrastructure,' said Markus Nottelmann, CEO of Ondas Networks. 'The Association of American Railroads' selection of dot16 as the standard for the NGHE system is a significant validation of our platform and a key milestone in our strategy. Combined with our ongoing work to integrate ITCM over the 900 MHz A-block, we're demonstrating how dot16 can enhance the performance, safety, and efficiency of modern freight rail operations.' 'These advancements reflect years of collaboration with MxV and other industry leaders and position Ondas Networks at the center of next-generation rail communications. The flexibility and robustness of our FullMAX platform is expanding our market opportunity across the 900 MHz, 220 MHz, and now 450 MHz networks. We are working closely with vendors to bring NGHE-compliant systems to market and remain focused on scaling commercial deployments through 2025 and beyond,' Nottelmann concluded. First Quarter 2025 Financial Summary Ondas reported revenues of $4.2 million for the quarter ended March 31, 2025, a significant increase from $0.6 million in Q1 2024. This 7-fold increase in revenue was driven by the initial delivery of Iron Drone and Optimus systems under contracts secured in 2024 and early 2025 with military and public safety customers. Gross profit rose to $1.5 million, compared to a loss of $0.4 million in Q1 2024, resulting in a gross margin of 35% versus a loss of 63% in Q1 2024. The improvement is the result of increased product revenue at OAS, which has higher gross margins as compared to the service and subscriptions revenue recognized in Q1 2024. Margins may vary between quarters due to revenue mix across systems sales, development programs, and services. Operating expenses increased to $11.8 million, up from $8.7 million in Q1 2024, while cash operating expenses rose to $9.0 million from $7.3 million, primarily due to investments in scaling operations to support the growth in revenue and customer activity at OAS. A reconciliation of cash operating expenses, a non-GAAP measure, is provided in the attached financial tables. The operating loss widened modestly to $10.3 million, compared to $9.1 million in Q1 2024. Net loss was $14.1 million, compared to $9.9 million in the prior year period, driven primarily by non-cash interest expense of $3.9 million, compared to $0.8 million in the prior year period. The increase in interest expense reflects the amortization of debt discount and issuance costs tied to the repayment of a larger debt balance during the quarter. Adjusted EBITDA improved slightly to a loss of $7.5 million, versus $7.7 million in Q1 2024. A reconciliation of Adjusted EBITDA, a non-GAAP measure, is provided in the attached financial tables. Ondas ended the quarter with $25.4 million in cash, compared to $30.0 million at year-end 2024. Cash used in operations declined to $6.7 million, down from $7.5 million in Q1 2024 and the Company raised an aggregate of $2.3 million from warrant exercises, Israeli government grants, and other financing. Operational and Financial Outlook The Company expects to generate strong growth and maintains a revenue target of at least $25 million for 2025. This would be a record year and represent nearly 250% growth year-over-year from 2024. Growth will be led by our OAS business unit which we expect to generate at least $20 million in revenue. This outlook is supported by $10 million in backlog from 2024 and what we believe is a conservative view of the likely orders we expect to secure and fulfil during the year given current customer pipeline visibility. Revenue expectations for Ondas Networks currently are primarily related to existing and expected development programs and modest system sales due to the current lack of firm commitments on rail network buildout timelines. Bookings and revenue growth are expected to fluctuate from quarter-to-quarter given the variability around both expected orders associated with program expansion with existing customers, as well as the timing of the addition of new customers at OAS, and the timing of rail network buildouts for Ondas Networks. Earnings Conference Call & Audio Webcast Details An earnings conference call is scheduled for today, May 15, 2025, at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time). The conference call will also be broadcast live and available for replay here and via the investor relations section of the Company's website at A replay will be accessible from the investor relations website after completion of the event. Date: Thursday, May 15, 2025 Time: 8:30 a.m. Eastern time Toll-free dial-in number: 844-883-3907 International dial-in number: 412-317-5798 Call participant pre-registration link: here The Company encourages listeners to pre-register, which allows callers to gain immediate access and bypass the live operator. Please note that you can register at any time during the call. For those who choose not to pre-register, please call the conference telephone number 10-15 minutes prior to the start time, at which time an operator will register your name and organization. About Ondas Holdings Inc. Ondas Holdings Inc. ('Ondas') is a leading provider of private wireless data solutions via Ondas Networks Inc. ('Ondas Networks') and commercial drone solutions through Ondas Autonomous Systems Inc. via its wholly-owned subsidiaries American Robotics, Inc. ('American Robotics' or 'AR') and Airobotics LTD ('Airobotics'), which we operate as a separate business unit called Ondas Autonomous Systems. Ondas Networks is a developer of proprietary, software-based wireless broadband technology for large established and emerging commercial and government markets. Ondas Networks' standards-based (802.16t), multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today's legacy private licensed wireless networks. Ondas Networks' customer end markets include railroads, utilities, oil and gas, transportation, aviation (including drone operators) and government entities whose demands span a wide range of mission critical applications. Ondas Autonomous Systems Inc. (OAS) specializes in designing, developing, and marketing autonomous drone solutions via its two advanced drone platforms: the Optimus System, the world's first FAA-certified small UAS (sUAS) for aerial security and data capture, and the Iron Drone Raider, a counter-drone system designed to combat hostile drones. Both platforms are highly automated, AI-powered, and capable of continuous, remote operation for critical defense, infrastructure, industrial, and government applications. American Robotics and Airobotics have achieved industry-leading regulatory milestones, including the first-ever FAA Type Certification for the Optimus System and the first drone system approved by the FAA for automated beyond-visual-line-of-sight (BVLOS) operations without an on-site human operator. Ondas Networks, American Robotics and Airobotics together provide users in defense, homeland security, public safety and other critical industrial and government security and infrastructure markets with improved connectivity, situational awareness and data collection and information processing capabilities. For additional information on Ondas Holdings, visit or follow Ondas Holdings on X and LinkedIn. For additional information on Ondas Networks, visit or follow Ondas Networks on X and LinkedIn. For additional information on American Robotics, visit or follow American Robotics on X and LinkedIn. For additional information on Airobotics, visit or follow Airobotics on X and LinkedIn. For additional information on Ondas Autonomous Systems, follow us on LinkedIn. Information on our websites and social media platforms is not incorporated by reference in this release or in any of our filings with the U.S. Securities and Exchange Commission. Non-GAAP Financial Measure As required by the rules of the Securities and Exchange Commission ('SEC'), we provide a reconciliation of Adjusted EBITDA and cash operating expenses, the non-GAAP financial measures, contained in this press release to the most directly comparable measures under GAAP, which reconciliations are set forth in the tables below. We believe that Adjusted EBITDA and cash operating expenses facilitate analysis of our ongoing business operations because such measures exclude items that may not be reflective of, or are unrelated to, the Company's core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying businesses. Other companies may calculate Adjusted EBITDA and cash operating expenses differently, and therefore our measures may not be comparable to similarly titled measures used by other companies. Adjusted EBITDA and cash operating expenses should only be used as supplemental measures of our operating performance. We believe that Adjusted EBITDA improves comparability from period to period by removing the impact of our capital structure (interest and financing expenses), asset base (depreciation and amortization), tax impacts and other adjustments as set out in the table below, which management has determined are not reflective of core operating activities and thereby assist investors with assessing trends in our underlying businesses. We believe that cash operating expenses improve comparability from period to period by removing the impact of depreciation, amortization and stock-based compensation as set out in the tables below, which management has determined are not reflective of core operating expenses and thereby assist investor with assessing trend in our underlying business. Management uses Adjusted EBITDA and cash operating expenses in making financial, operating, and planning decisions and evaluating the Company's ongoing performance. Forward-Looking Statements Statements made in this release that are not statements of historical or current facts are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law. Contacts IR Contact for Ondas Holdings Inc. 888.350.9994 [email protected] Media Contact for Ondas Escalate PR [email protected] Preston Grimes Marketing Manager, Ondas Holdings Inc. [email protected] ONDAS HOLDINGS INC. CONDENSED CONSOLIDATED BALANCE SHEETS ONDAS HOLDINGS INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) ONDAS HOLDINGS INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) ONDAS HOLDINGS INC. RECONCILIATIONS OF ADJUSTED EBITDA (Unaudited) ONDAS HOLDINGS INC. RECONCILIATIONS OF CASH OPERATING EXPENSES (Unaudited) SOURCE: Ondas Holdings Inc. press release
Yahoo
14-05-2025
- Business
- Yahoo
Ondas Holdings to Participate in Ladenburg Thalmann Innovation EXPO25 on May 21, 2025
BOSTON, MA - May 14, 2025 (NEWMEDIAWIRE) - Ondas Holdings Inc. (NASDAQ: ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, today announced its participation in the Ladenburg Thalmann Innovation EXPO25, to be held on Wednesday, May 21, 2025, at Convene, 101 Park Avenue, New York, NY. Ondas Holdings CEO, Eric Brock will be presenting at 9:30AM ET. The presentation livestream will be broadcasted here. "At Ondas we are increasingly integrating AI-enabled capabilities into our drone solutions to optimize drone operations in the most challenging environments, as well as throughout our production workflows and supply chain," stated Eric Brock, Chairman and CEO of Ondas. "We look forward to participating in the Ladenburg Innovation EXPO25, which provides an opportunity to showcase our progress and connect directly with the investment community." The Ladenburg Thalmann Innovation EXPO25 is a premier event bringing together a diverse group of innovative companies and institutional investors for a full day of presentations, one-on-one meetings, and networking opportunities. The conference will feature approximately 50 technology companies that leverage AI in innovative and breakthrough ways. Participating companies will present their business strategies and innovations through three dedicated presentation tracks and demonstrate their products live in the "Ladenburg Expo format." Organized by Ladenburg Thalmann with marketing support from B2i Digital, Inc., the EXPO25 provides a unique platform for companies to engage directly with institutional and high-net-worth investors, public company executives, and industry professionals. "Ladenburg Thalmann is committed to building valuable connections between innovative companies and discerning investors," said Mark Green, Managing Director, Investment Banking at Ladenburg Thalmann. "As the Marketing Partner, B2i Digital is focused on helping companies participating in the Ladenburg EXPO25 maximize their exposure to the investment community before, during and after the event," said David Shapiro, CEO of B2i Digital, Inc. "Ladenburg Thalmann has carefully curated the presenting companies to include only the highest caliber disruptors in the technology and AI space. Our investors will value the insights they share." The Ladenburg Innovation EXPO25 will include presentations, product demonstrations, and one-on-one meetings. Attendees will have multiple opportunities to connect throughout the day, with breakfast, a buffet lunch, and all-day refreshments provided. For more information about the Ladenburg Thalmann Innovation EXPO25, visit: About Ondas Holdings Inc. Ondas Holdings Inc. ("Ondas") is a leading provider of private wireless data solutions via Ondas Networks Inc. ("Ondas Networks") and commercial drone solutions through Ondas Autonomous Systems Inc. via its wholly-owned subsidiaries American Robotics, Inc. ("American Robotics" or "AR") and Airobotics LTD ("Airobotics"), which we operate as a separate business unit called Ondas Autonomous Systems. Ondas Networks is a developer of proprietary, software-based wireless broadband technology for large established and emerging commercial and government markets. Ondas Networks' standards-based (802.16t), multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today's legacy private licensed wireless networks. Ondas Networks' customer end markets include railroads, utilities, oil and gas, transportation, aviation (including drone operators) and government entities whose demands span a wide range of mission critical applications. Ondas Autonomous Systems Inc. (OAS) specializes in designing, developing, and marketing autonomous drone solutions via its two advanced drone platforms: the Optimus System, the world's first FAA-certified small UAS (sUAS) for aerial security and data capture, and the Iron Drone Raider, a counter-drone system designed to combat hostile drones. Both platforms are highly automated, AI-powered, and capable of continuous, remote operation for critical defense, infrastructure, industrial, and government applications. American Robotics and Airobotics have achieved industry-leading regulatory milestones, including the first-ever FAA Type Certification for the Optimus System and the first drone system approved by the FAA for automated beyond-visual-line-of-sight (BVLOS) operations without an on-site human operator. Ondas Networks, American Robotics and Airobotics together provide users in defense, homeland security, public safety and other critical industrial and government security and infrastructure markets with improved connectivity, situational awareness and data collection and information processing capabilities. For additional information on Ondas Holdings, visit or follow Ondas Holdings on X and LinkedIn. For additional information on Ondas Networks, visit or follow Ondas Networks on X and LinkedIn. For additional information on American Robotics, visit or follow American Robotics on X and LinkedIn. For additional information on Airobotics, visit or follow Airobotics on X and LinkedIn. For additional information on Ondas Autonomous Systems, follow us on LinkedIn. Information on our websites and social media platforms is not incorporated by reference in this release or in any of our filings with the U.S. Securities and Exchange Commission. Preston GrimesMarketing Manager, Ondas Holdings Forward-Looking Statements Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law. About Ladenburg Thalmann Ladenburg Thalmann is a US middle market diversified financial services firm headquartered in New York and engaged in investment banking, focusing on fundraising, buyside & sellside M&A, high-yield debt, and private equity access for public and private companies. The firm also provides equity research, institutional sales and trading, independent brokerage, advisory services, trust services, and asset management. Together with its parent, Osaic, Ladenburg Thalmann has over 12,000 financial advisors in the US, managing over $650 billion in client assets. Ladenburg is a member of NYSE, NYSE American, FINRA, all other principal exchanges, and SIPC. Securities are offered through Ladenburg Thalmann & Co. Inc. broker-dealer, and advisory services are offered through Ladenburg Thalmann Asset Management ("LTAM"), an SEC registered investment advisor. Ladenburg Thalmann Contact:Mark Greenmgreen@ About B2i Digital, Inc. B2i Digital, Inc. leverages the latest digital marketing technologies to tell a company's story to retail investors, institutional investors, and research analysts. B2i Digital creates robust profiles for companies on its platform, and launches targeted digital marketing campaigns to bring the most relevant investors to each company based on its sector, stage, and overall company story. B2i Digital was founded in 2021 by David Shapiro, previously the Chief Marketing Officer and an investment banker at Maxim Group LLC. David was also one of the founders of Maxim's investor awareness platform, B2i Digital Contact Information: David ShapiroChief Executive OfficerB2i Digital, Officedavid@ View the original release on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
