Latest news with #Ondas
Yahoo
10 hours ago
- Business
- Yahoo
Ondas Holdings Inc. Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants
BOSTON, MA / / 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 through its Ondas Networks and Ondas Autonomous Systems business units, today announced that it intends to offer and sell shares of its common stock and in lieu of common stock, pre-funded warrants to purchase shares of its common stock. Ondas also expects to grant the underwriter a 30-day option to purchase additional shares of common stock offered in the public offering. All of the securities in the proposed offering are to be sold by Ondas. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Ondas intends to use the net proceeds from the proposed offering for general corporate purposes, including funding capital expenditures and providing working capital. Oppenheimer & Co. Inc. is acting as the sole underwriter for the offering. A shelf registration statement on Form S-3 (File No. 333-286642) relating to the securities to be issued in the proposed offering was filed with the Securities and Exchange Commission ("SEC") on April 18, 2025 and was declared effective on April 25, 2025. A preliminary prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC. The securities may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the securities being offered may also be obtained from Oppenheimer & Co. Inc. Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by telephone at (212) 667-8055, or by email at EquityProspectus@ Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the SEC's website at The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. 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, including, but not limited to, statements regarding the completion and anticipated use of proceeds of the proposed offering. 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. These risks and uncertainties relate, among other things, to fluctuations in our stock price, changes in market conditions and satisfaction of customary closing conditions related to the proposed public offering. Our actual results, performance, or achievements, including our ability to conduct and complete a public offering of our common stock on terms acceptable to us or at all, 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. ContactsIR Contact for Ondas Holdings Inc.888.350.9994ir@ Media Contact for OndasEscalate PRondas@ Preston GrimesMarketing Manager, Ondas Holdings SOURCE: Ondas Holdings Inc. View the original press release on ACCESS Newswire
Yahoo
15-05-2025
- Business
- Yahoo
Ondas Holdings Inc. (ONDS) Reports Q1 Loss, Tops Revenue Estimates
Ondas Holdings Inc. (ONDS) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -36.36%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.14, delivering a surprise of -55.56%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Ondas , which belongs to the Zacks Communication - Network Software industry, posted revenues of $4.25 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.43%. This compares to year-ago revenues of $0.63 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Ondas shares have lost about 65.8% since the beginning of the year versus the S&P 500's gain of 0.2%. While Ondas has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Ondas: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.11 on $5.15 million in revenues for the coming quarter and -$0.40 on $22.37 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Communication - Network Software is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. UiPath (PATH), another stock in the broader Zacks Computer and Technology sector, has yet to report results for the quarter ended April 2025. The results are expected to be released on May 29. This enterprise automation software developer is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents a year-over-year change of -23.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. UiPath's revenues are expected to be $332.33 million, down 0.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ondas Holdings Inc. (ONDS) : Free Stock Analysis Report UiPath, Inc. (PATH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
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
Associated Press
14-05-2025
- Business
- Associated Press
Ondas Holdings to Participate in Ladenburg Thalmann Innovation EXPO25 on May 21, 2025
Presentation Livestream Will be Broadcast at 9:30 AM ETHERE 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 Grimes Marketing Manager, Ondas Holdings Inc. [email protected] 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 Green [email protected] 800.995.5267 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 Shapiro Chief Executive Officer B2i Digital, Inc. 212.579.4844 Office [email protected] View the original release on
Associated Press
04-03-2025
- Business
- Associated Press
Ondas Appoints Oshri Lugasi as a Co-CEO of Ondas Autonomous Systems to Drive Defense Technology Business Expansion
Brigadier General (Res.) Oshri Lugasi led the negotiation and execution of over $20 billion worth of defense contract sales at Rafael Advanced Defense Systems, Israel's premier defense contractor As Chief of Engineering with the Israeli Defense Forces (IDF), Mr. Lugasi commanded over 30,0000 personnel including active-duty soldiers, building decades of leadership experience including implementation of advanced robotic systems By appointing Mr. Lugasi, Ondas expects to accelerate business expansion with American-Israeli allies in defense and homeland security markets BOSTON, MA / ACCESS Newswire / March 4, 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 the appointment of Brigadier General (Res.) Oshri Lugasi, as Co-Chief Executive Officer of the Company's Ondas Autonomous Systems (OAS) business unit. With decades of experience in military operations, autonomous systems, and global defense technology, Mr. Lugasi is uniquely positioned to lead OAS' expansion in the defense and homeland security sectors as Co-CEO alongside Eric Brock. Prior to joining OAS, Oshri Lugasi served as VP of Marketing in Israel at Rafael Advanced Defense Systems (Rafael), one of Israel's leading defense technology companies and a key supplier of cutting-edge military solutions to global defense forces. Mr. Lugasi successfully led the negotiation and execution of government-to-government (G2G) defense contracts exceeding $20 billion. His expertise in strategic defense sales enabled Rafael to expand its global footprint, securing major contracts for world-renowned defense solutions, including the Iron Dome, David's Sling, and Trophy active protection systems. His deep industry connections with defense ministries, armed forces, and intelligence agencies worldwide have been instrumental in forging high-value, long-term partnerships. Mr. Lugasi's expertise in G2G negotiations and defense contracting makes him an invaluable asset as Ondas expands its presence in the global defense market. Mr. Lugasi will lead OAS in advancing its industry-leading autonomous drone and robotic solutions, leveraging his extensive expertise in defense sales and military leadership to drive adoption among global defense agencies and military organizations. The appointment reinforces Ondas' commitment to scaling its autonomous systems business and driving innovation in commercial and defense applications. Recently, Ondas reported significant bookings in the defense sector, securing new contracts for its AI-powered drone solutions. These agreements highlight the increasing demand for autonomous defense technologies and position Ondas as a leading player in this emerging growth market. Notably, in the third quarter of 2024, OAS secured initial orders including two programs of record with a major military customer totaling approximately $14.4 million. This includes multiple purchase orders amounting to $9.0 million for the Iron Drone Raider system and $5.4 million for the Optimus System. These bookings underscore the growing demand for Ondas' advanced AI-powered drone solutions and highlight the Company's strategic expansion within the defense sector, reflecting strong momentum and growing interest in its advanced drone solutions from military and government clients. 'Oshri Lugasi is an accomplished leader with an exceptional track record in defense sales and securing G2G military programs. His leadership in securing multi-billion-dollar contracts at Rafael has demonstrated his ability to drive strategic growth in the defense sector. Mr. Lugasi's deep industry relationships with defense ministries, military forces, and security agencies worldwide provide Ondas with a unique opportunity to expand its presence in the defense market. Under his leadership, we believe that Ondas Autonomous Systems will strengthen its position as a premier provider of cutting-edge autonomous solutions for defense and homeland security applications,' said Eric Brock, Chairman and CEO of Ondas Holdings. Mr. Lugasi's distinguished military background includes leading the IDF Combat Engineering Corps as the IDF's Chief of Engineering, where he commanded over 30,000 personnel, including active-duty soldiers and reservists. Under his leadership, the Corps played a crucial role in combat operations, integration of robotic solutions, infrastructure development, and defensive strategy implementation. His expertise in managing large-scale military units and coordinating high-stakes defense projects provides Ondas with a leadership perspective uniquely suited for scaling autonomous defense technologies globally. We believe his expertise in military robotics, tunnel warfare, explosives handling, and battlefield engineering provides Ondas with a strategic advantage in the evolving defense landscape. 'I am thrilled to join Ondas Autonomous Systems at this pivotal moment,' said Oshri Lugasi, co-CEO of Ondas Autonomous Systems. 'Our Optimus and Iron Drone platforms are precisely aligned with the evolving requirements of defense and homeland security markets. I am confident that our innovative solutions will continue to lead the industry, and I am eager to collaborate with our talented team and partners to drive growth and innovation.' OAS, a subsidiary of Ondas Holdings, is a pioneer in autonomous drone and robotic systems, offering fully automated, AI-driven solutions designed for mission-critical operations. With Mr. Lugasi's extensive background in military engineering and defense sales, Ondas is strategically positioning itself as a key player in the defense technology market, leveraging AI-powered drone and robotics solutions to support military and homeland security applications. With expanding global demand for counter-drone and data automation technologies, OAS is positioned to redefine autonomy across multiple sectors, including defense, critical infrastructure, and public safety. With ongoing global conflicts and rising demand for advanced defense technologies, we believe now is the right time for Ondas to expand into the defense market. As traditional defense contractors are struggling to adapt to the rapidly evolving landscape, Ondas is aiming to build strong alliances with defense ministries, military forces, and homeland security agencies worldwide, accelerating the deployment of AI-powered autonomous solutions in critical defense operations. Ondas remains committed to enhancing its technology portfolio and expanding market reach to meet this growing demand, particularly in defense and homeland security, driving new strategic partnerships and opportunities. 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 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. 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 (802.16s), 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 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 formerly known as Twitter 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 Escalate PR Preston Grimes Marketing Manager, Ondas Holdings Inc.
