Annonce • 23h
Ondas Inc. (NasdaqCM:ONDS) entered into definitive agreement to acquire Cyberhawk Innovations Limited from Magnesium Capital LLP for approximately $125 million. Ondas Inc. (NasdaqCM:ONDS) entered into definitive agreement to acquire Cyberhawk Innovations Limited from Magnesium Capital LLP for approximately $125 million on June 18, 2026. Under the terms of the agreement, the transaction is valued at approximately $125 million. Approximately 95% of the purchase price will be funded in cash, with certain members of the Cyberhawk leadership team electing to roll approximately $5 million of proceeds into Ondas common stock, with a one-year lock-up, subject to certain exceptions. The consideration will be financed thorough cash on hand and Ondas common stock.
The transaction is subject subject to customary closing conditions and regulatory approvals. The expected completion of the transaction is third quarter of 2026.
Lincoln International LLP acted as a financial advisor for Cyberhawk Innovations Limited. Andy Houghton, Harrison Stimson, Ian Sherwin, Ron Scharnberg and Katie Geddes of Reed Smith LLP acted as a legal advisor for Cyberhawk Innovations Limited, Reed Smith LLP acted as legal advisor for Magnesium Capital LLP. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €8.40, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Communications industry in Europe. Total returns to shareholders of 753% over the past three years. Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €8.04, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Communications industry in Europe. Total returns to shareholders of 924% over the past three years. Reported Earnings • May 20
First quarter 2026 earnings released: EPS: US$0.77 (vs US$0.15 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.77 (up from US$0.15 loss in 1Q 2025). Revenue: US$50.1m (up US$45.9m from 1Q 2025). Net income: US$361.3m (up US$376.6m from 1Q 2025). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 117% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 19
Ondas Inc. (NasdaqCM:ONDS) entered into a Share Purchase Agreement to acquire Omnisys for approximately $259 million Ondas Inc. (NasdaqCM:ONDS) entered into a Share Purchase Agreement to acquire Omnisys for approximately $259 million on May 16, 2026. At the closing of the Acquisition, upon the terms and subject to the conditions set forth in the Agreement, the Company shall pay an aggregate amount of $199,000,000 of shares of the Company's common stock, par value $0.0001 per share subject to certain adjustments set forth in the Agreement of which (i) $29,000,000 of Common Stock shall be paid on the closing of the Acquisition, (ii) $142,500,000 of Common Stock shall be paid in five equal installments within twenty days following the closing of the Acquisition, and (iii) the balance of the Purchase Price shall be paid in Common Stock on the twenty-forth Trading Day (as defined in the Agreement) following the closing of the Acquisition.
Additionally, pursuant to the terms of the Agreement, for three years after the closing of the Acquisition, the Company Shareholders have an opportunity to earn an additional aggregate amount of up to $60,000,000 in contingent earn-out payments, subject to certain milestones as set forth in the Agreement, payable in Common Stock
The expected completion of the transaction is April 1, 2026 to June 30, 2026. Annonce • Apr 30
Ondas Inc. to Report Q1, 2026 Results on May 14, 2026 Ondas Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 14, 2026 Annonce • Apr 25
Ondas Inc. (NasdaqCM:ONDS) completed the acquisition of Mistral, Inc. from Shoshana Banai. Ondas Inc. (NasdaqCM:ONDS) agreed to acquire Mistral, Inc. for approximately $180 million from Shoshana Banai on March 8, 2026. The consideration consists of common equity of Ondas Inc. having a value of $122.5 million to be issued for common equity of Mistral, Inc. Remaining $52.5 million common equity shall be deposited into an escrow account and released as follows: $26.25 million on the first anniversary of the closing of the Merger, $13.125 million on the second anniversary of the closing of the Merger, and $13.125 million on the third anniversary of the closing of the Merger.
Eyal Banai shall be employed as the Chief Executive Officer of the Surviving Entity
The transaction is subject to approval under subject HSR Act and approval of offer by acquirer shareholders. The Merger is expected to close in the second quarter of 2026.
Christina Russo of Akerman LLP acted as legal advisor for Ondas Inc. Allison Alexander and Eric Kronman of Fluet & Associates, PLLC acted as legal advisor for Shoshana Banai. Kathleen Connelly of U.S. Bank National Association acted as agent in the transaction.
Ondas Inc. (NasdaqCM:ONDS) completed the acquisition of Mistral, Inc. from Shoshana Banai on April 24, 2026. Annonce • Apr 13
Ondas Inc., Annual General Meeting, May 28, 2026 Ondas Inc., Annual General Meeting, May 28, 2026. Location: akerman llp at 777 south flagler drive, suite 1100 west tower, west palm beach, florida 33401., United States Annonce • Apr 03
Ondas Inc. (NasdaqCM:ONDS) completed the acquisition of World View Enterprises, Inc. for $140 million. Ondas Inc. (NasdaqCM:ONDS) agreed to acquire World View Enterprises, Inc. for $150 million on March 23, 2026. A cash consideration of $20.5 million will be paid by Ondas Inc. As part of consideration, $150 million is paid towards common equity of World View Enterprises, Inc.
Devin J. Heckman, Robert Goedert, Joshua Greenblatt, and Mary T. Reale of Kirkland & Ellis LLP acted as legal advisor to Accel Management Co, Inc. Christina Russo, David Birke, and Matthew Hendy of Akerman LLP acted as legal advisor for Ondas Inc. Milson Yu and Rishab Kumar of Cooley LLP acted as legal advisor for World View Enterprises, Inc
Ondas Inc. (NasdaqCM:ONDS) completed the acquisition of World View Enterprises, Inc. for $140 million on April 1, 2026. The consideration consists of up to 12,775,219 shares of Ondas common stock of which 99,233 Shares were deposited into an escrow account, and approximately $7.3 million cash towards outstanding obligations. Annonce • Mar 24
Ondas Inc. (NasdaqCM:ONDS) agreed to acquire World View Enterprises, Inc. for $150 Million. Ondas Inc. (NasdaqCM:ONDS) agreed to acquire World View Enterprises, Inc. for $150 Million on March 23, 2026.A cash consideration of $20.5 million will be paid by Ondas Inc. As part of consideration, $150 million is paid towards common equity of World View Enterprises, Inc. Annonce • Mar 12
Ondas Inc. (NasdaqCM:ONDS) acquired Bird Aerosystems Ltd for approximately $110 million. Ondas Inc. (NasdaqCM:ONDS) entered into a Share Purchase Agreement to acquire Bird Aerosystems Ltd for approximately $110 million on March 11, 2026. A cash consideration of $5.17 million will be paid by Ondas Inc. and and the issuance of 6,933,110 shares of common stock. A second payment phase is scheduled for seven days after closing, requiring Ondas to provide an additional $37.88 million in value; while this is primarily structured as common stock, the company maintains the sole discretion to settle any portion of this additional amount in cash. As part of consideration, $112.45 million is paid towards common equity of Bird Aerosystems Ltd. Following its integration with Ondas, BIRD Aerosystems will also expand its technologies into the rapidly growing market of unmanned aerial platform protection, enabling advanced missile protection solutions designed for next-generation unmanned aircraft systems.
Snell & Wilmer, L.L.P. acted as legal advisor for Ondas Inc.
Ondas Inc. (NasdaqCM:ONDS) completed the acquisition of Bird Aerosystems Ltd on March 11, 2026. Annonce • Mar 10
Ondas Inc. (NasdaqCM:ONDS) agreed to acquire Mistral, Inc. for approximately $180 million from Shoshana Banai. Ondas Inc. (NasdaqCM:ONDS) agreed to acquire Mistral, Inc. for approximately $180 million from Shoshana Banai on March 8, 2026. The consideration consists of common equity of Ondas Inc. having a value of $122.5 million to be issued for common equity of Mistral, Inc. Remaining $52.5 million common equity shall be deposited into an escrow account and released as follows: $26.25 million on the first anniversary of the closing of the Merger, $13.125 million on the second anniversary of the closing of the Merger, and $13.125 million on the third anniversary of the closing of the Merger.
Eyal Banai shall be employed as the Chief Executive Officer of the Surviving Entity
The transaction is subject to approval under subject HSR Act and approval of offer by acquirer shareholders. The Merger is expected to close in the second quarter of 2026.
Christina Russo of Akerman LLP acted as legal advisor for Ondas Inc. Allison Alexander and Eric Kronman of Fluet & Associates, PLLC acted as legal advisor for Shoshana Banai. Kathleen Connelly of U.S. Bank National Association acted as agent in the transaction. Annonce • Mar 09
Ondas Inc. to Report Q4, 2025 Results on Mar 25, 2026 Ondas Inc. announced that they will report Q4, 2025 results on Mar 25, 2026 Annonce • Jan 13
Ondas Holdings Inc. has completed a Follow-on Equity Offering in the amount of $999.995828 million. Ondas Holdings Inc. has completed a Follow-on Equity Offering in the amount of $999.995828 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 19,000,000
Price\Range: $16.45
Discount Per Security: $0.658
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 41,790,274
Price\Range: $16.4499
Discount Per Security: $0.658
Transaction Features: Registered Direct Offering Annonce • Jan 10
Ondas Holdings Inc. has completed a Follow-on Equity Offering in the amount of $999.995828 million. Ondas Holdings Inc. has completed a Follow-on Equity Offering in the amount of $999.995828 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 19,000,000
Price\Range: $16.45
Discount Per Security: $0.658
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 41,790,274
Price\Range: $16.4499
Discount Per Security: $0.658
Transaction Features: Registered Direct Offering Annonce • Jan 09
Ondas Holdings Inc. has filed a Follow-on Equity Offering. Ondas Holdings Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Transaction Features: Registered Direct Offering Recent Insider Transactions • Jan 03
Chairman recently sold €3.9m worth of stock On the 31st of December, Eric Brock sold around 475k shares on-market at roughly €8.27 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Eric's only on-market trade for the last 12 months. Annonce • Oct 28
Ondas Holdings Inc. (NasdaqCM : ONDS) entered into a share purchase agreement to acquire 70% stake in 4M Defense Ltd. from Itzik Malka and Nir Cohen for $8.4 million. Ondas Holdings Inc. (NasdaqCM : ONDS) entered into a share purchase agreement to acquire 70% stake in 4M Defense Ltd. from Itzik Malka and Nir Cohen for $8.4 million on October 24, 2025. At the closing of the Acquisition, Ondas Holdings Inc shall pay $2.4 million in cash and issue 801,068 shares of Ondas Holdings Inc’s common stock. Pursuant to the Agreement, Itzik Malka has agreed, subject to certain customary exceptions, not to sell, transfer or dispose of 480,641 shares of Common Stock for a period of twelve (12) months after the closing of the Acquisition. Itzik shall sell his entire portion of the Share Capital, comprising 60 ordinary shares, constituting 60% of the Share Capital, and Nir will sell 10 ordinary shares constituting 10% of the Share Capital of 4M Defense. Pursuant to the Agreement, between January 1, 2026 and December 31, 2027, Ondas Holdings Inc shall have an irrevocable right, exercisable in whole, at Ondas Holdings Inc’s sole discretion to acquire from Nir Cohen 100% of Nir’s remaining share capital in 4M Defense following the closing of the Acquisition.
The completion of the Acquisition is subject to various closing conditions, including (a) the requisite corporate, governmental, regulatory, third party, and other approvals, consents and/or waivers being obtained; (b) the requisite consents and approvals being obtained by 4M. The Agreement may be terminated upon (i) the written agreement of Ondas Holdings Inc, 4M and the Shareholders or (ii) the written notice by Ondas Holdings Inc, 4M or the Shareholders if the closing of the Acquisition has not occurred on or before December 8, 2025.
Christina Russo of Akerman LLP and Einat Weidberg and Amir S. Iliescu of Shibolet & Co. acted as legal advisor for Ondas Holdings Inc. Erez Mizrachi and Nir Sadeh of Furth, Wilensky, Mizrachi, Knaani -Law Offices acted as legal advisor for 4M Defense Ltd. Annonce • Sep 10
Ondas Holdings Inc. has completed a Follow-on Equity Offering in the amount of $200 million. Ondas Holdings Inc. has completed a Follow-on Equity Offering in the amount of $200 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: $5
Discount Per Security: $0.275 Annonce • Aug 19
Ondas Holdings Inc. (NasdaqCM:ONDS) entered into a definitive agreement to acquire Apeiro Motion in a transaction valued at $12 million. Ondas Holdings Inc. (NasdaqCM:ONDS) entered into a definitive agreement to acquire Apeiro Motion in a transaction valued at $12 million on August 18, 2025. The consideration will be structured as a mix of cash and/or equity at Ondas’ discretion. As part of the acquisition, Apeiro Motion will be operated under the Ondas Autonomous Systems business unit.
The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2025. Reported Earnings • Aug 18
Second quarter 2025 earnings released: US$0.08 loss per share (vs US$0.14 loss in 2Q 2024) Second quarter 2025 results: US$0.08 loss per share. Revenue: US$6.27m (up US$5.32m from 2Q 2024). Net loss: US$12.0m (loss widened 28% from 2Q 2024). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Communications industry in Europe. Annonce • Jul 09
Ondas Holdings Inc. to Report Q2, 2025 Results on Jul 09, 2025 Ondas Holdings Inc. announced that they will report Q2, 2025 results at 9:30 AM, US Eastern Standard Time on Jul 09, 2025 Annonce • May 17
Ondas Holdings Receives Notice of Nasdaq Delisting Due to Minimum Bid Price Deficiency On May 16, 2025, Ondas Holdings Inc. (the ‘Company’) received a letter (the ‘Nasdaq Staff Deficiency Letter’) from The Nasdaq Stock Market LLC (‘Nasdaq’) indicating that, for the last thirty (30) consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the ‘Minimum Bid Price Requirement’). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until November 12, 2025, to regain compliance. The Nasdaq Staff Deficiency Letter states that the Nasdaq staff will provide written notification that the Company has achieved compliance with Rule 5550(a)(2) if at any time before November 12, 2025 (the ‘Compliance Period’), the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of ten (10) consecutive business days. The Nasdaq Staff Deficiency Letter has no immediate effect on the listing or trading of the Company’s common stock. The Company intends to continue actively monitoring the bid price for its shares of common stock between now and the expiration of the Compliance Period and will consider all available options to resolve the deficiency with every intention to regain compliance with the Minimum Bid Price Requirement. If the Company does not regain compliance with Rule 5550(a)(2) within the Compliance Period, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq, with the exception of the bid price requirement, and would need to provide written notice of its intention to cure the deficiency during the second compliance period, for example, by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq would notify the Company that its securities would be subject to delisting. In the event of such a notification, the Company may appeal the Nasdaq staff’s determination to delist its securities. There can be no assurance that the Company will be eligible for the additional 180 calendar day compliance period, if applicable, or that the Nasdaq staff would grant the Company’s request for continued listing subsequent to any delisting notification. Annonce • May 07
Ondas Holdings Inc. to Report Q1, 2025 Results on May 15, 2025 Ondas Holdings Inc. announced that they will report Q1, 2025 results Pre-Market on May 15, 2025 Annonce • Apr 01
Ondas Holdings Inc., Annual General Meeting, May 12, 2025 Ondas Holdings Inc., Annual General Meeting, May 12, 2025. Annonce • Mar 13
Ondas Holdings Inc. Provides Revenue Guidance for the Year 2025 Ondas Holdings Inc. provided revenue guidance for the year 2025. The company expects to generate strong growth in 2025 with a revenue target of $25 million, which would be a record year and represent nearly 250% growth year over year from 2024. Growth will be led by its OAS business unit which The company expects to generate at least $20 million in revenue as compared to its previous expectation of $15 – 18 million shared at the OAS Investor Day in September 2024. Annonce • Mar 05
Ondas Appoints Oshri Lugasi as A CO-CEO of Ondas Autonomous Systems Ondas Holdings Inc. 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 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. 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. The company believes his expertise in military robotics, tunnel warfare, explosives handling, and battlefield engineering provides Ondas with a strategic advantage in the evolving defense landscape. Annonce • Mar 04
Ondas Holdings Inc. to Report Q4, 2024 Results on Mar 12, 2025 Ondas Holdings Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 12, 2025 Annonce • Jan 17
Ondas Holdings Inc. announced that it expects to receive $2.93 million in funding Ondas Holdings Inc. entered into that certain Securities Purchase Agreement to issue 10% secured convertible promissory notes for gross proceeds of $2.93 million on January 15, 2025. maturity date of notes September 30, 2025 Annonce • Jan 13
Ondas Holdings Inc. Appoints Ron Stern to its Board of Directors Ondas Holdings Inc. announced that Ron Stern has been appointed to the Board of Directors of Ondas. At Ondas, Mr. Stern is expected to take an active role in supporting the accelerated growth of the Company's Ondas Autonomous Systems (OAS) business unit. Mr. Stern is an accomplished executive and brings a wealth of financial and operating experience to Ondas through his work with emerging technology companies. He has over 20 years' experience working in Growth Equity and Venture Capitalinvesting. Mr. Stern is a General Partner and Head of Portfolio at OurCrowd, which is considered the most active venture fundingfirm in Israel, a position he has held since 2017. In his role at OurCrowd, he was responsible for increasing the value of OurCrowd's 250+ active portfolio companies. This included nominating directors and observers to over 100 companies and leading or participating in over 400 rounds of financing, including over 40 exits and IPOs. During his tenure at OurCrowd, Mr. Stern was appointed to the board of directors of Airobotics Ltd. in November 2019 and later became Chairman of Airobotics Ltd. in January 2021. In this capacity, Mr. Stern led the initial public offering of Airobotics Ltd. on the Tel Aviv Stock Exchange, ultimately leading to the sale of Airobotics Ltd. to Ondas in January 2023. Mr. Stern was previously a partner with Shamrock Holdings where he built the Israeli investing team and facilitated multiple IPOs of Shamrock's portfolio companies. He later served as a scout to several US marque venture capital firms and family offices. Mr. Stern currently serves as Chairman of Blue Green Water Technology. Annonce • Dec 29
Ondas Regains Full Nasdaq Compliance Ondas Holdings Inc. announced it has received a notification letter from Nasdaq Stock Market LLC ("Nasdaq") confirming that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) ("Rule"). To regain compliance with the Rule, the Company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on December 24, 2024. Therefore, the Nasdaq Listing Qualifications Staff considers the prior bid price deficiency matter now closed. Ondas is now in full compliance with all Nasdaq continued listing requirements and will continue to be listed and traded on The Nasdaq Capital Market. Annonce • Dec 17
Ondas Holdings Inc. announced that it expects to receive $11.5 million in funding Ondas Holdings Inc. announced a private placement to issue senior convertible notes for gross proceeds $11,500,000 on December 16, 2024. Interest rate of bonds is 3% and matures on 2026. Annonce • Nov 20
Ondas Holdings Receives Extension to Regain Compliance with Nasdaq’s Minimum Bid Requirement As previously disclosed by Ondas Holdings Inc. (the Company") in a Current Report on Form 8-K filed on May 24, 2024, the Company received a letter from The Nasdaq Stock Market LLC (Nasdaq") indicating that, for the last thirty (30) consecutive business days, the bid price for the Company's common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Requirement"). On November 19, 2024, the Company received a letter from Nasdaq notifying the Company that it had been granted an additional 180 days to regain compliance with the Minimum Bid Price Requirement based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market with the exception of the Minimum Bid Price Requirement, and the Company's written notice of its intention to cure the deficiency during the extended compliance period. Nasdaq's notice has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market. The Company can regain compliance with the Minimum Bid Price Requirement if the closing bid price of its common stock is at least $1.00 per share for a minimum of ten (10) consecutive business days during the additional 180-day compliance period. If the Company is not able to cure the deficiency during the second compliance period, Nasdaq will provide written notice to the Company that the Company's common stock will be subject to delisting. In the event of such notification, the Company may appeal Nasdaq's determination to delist its securities, but there can be no assurance that Nasdaq would grant the Company's request for continued listing. The Company intends to actively monitor the minimum bid price of its common stock and may, as appropriate, consider available options to regain compliance with the Minimum Bid Price Requirement. There can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq continued listing criteria. Reported Earnings • Nov 14
Third quarter 2024 earnings released: US$0.14 loss per share (vs US$0.15 loss in 3Q 2023) Third quarter 2024 results: US$0.14 loss per share. Revenue: US$1.48m (down 44% from 3Q 2023). Net loss: US$9.53m (loss widened 20% from 3Q 2023). Revenue is forecast to grow 94% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Communications industry in Europe. Annonce • Nov 05
Ondas Holdings Inc. to Report Q3, 2024 Results on Nov 12, 2024 Ondas Holdings Inc. announced that they will report Q3, 2024 results on Nov 12, 2024 Annonce • Oct 21
Ondas Holdings Inc., Annual General Meeting, Nov 18, 2024 Ondas Holdings Inc., Annual General Meeting, Nov 18, 2024. Location: one marina park drive, suite 1410, boston, ma 02210, United States Annonce • Aug 31
Ondas Holdings Inc. has completed a Follow-on Equity Offering. Ondas Holdings Inc. has completed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 5,333,334
Price\Range: $0.75
Discount Per Security: $0.0525
Security Name: Series A warrant
Security Type: Equity Warrant
Securities Offered: 5,333,334
Security Name: Series B warrant
Security Type: Equity Warrant
Securities Offered: 5,333,334
Transaction Features: Registered Direct Offering Annonce • Aug 29
Ondas Holdings Inc. has filed a Follow-on Equity Offering. Ondas Holdings Inc. has filed a Follow-on Equity Offering.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 5,333,334
Price\Range: $0.75
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 5,333,334
Security Name: Series A warrant
Security Type: Equity Warrant
Securities Offered: 5,333,334
Security Name: Series B warrant
Security Type: Equity Warrant
Securities Offered: 5,333,334
Transaction Features: Registered Direct Offering Reported Earnings • Aug 15
Second quarter 2024 earnings released: US$0.14 loss per share (vs US$0.17 loss in 2Q 2023) Second quarter 2024 results: US$0.14 loss per share. Revenue: US$957.9k (down 83% from 2Q 2023). Net loss: US$9.38m (loss widened 4.7% from 2Q 2023). Revenue is forecast to grow 135% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Communications industry in Europe. Annonce • Aug 07
Ondas Holdings Inc. to Report Q2, 2024 Results on Aug 14, 2024 Ondas Holdings Inc. announced that they will report Q2, 2024 results on Aug 14, 2024 Recent Insider Transactions • May 27
Independent Director recently bought €72k worth of stock On the 23rd of May, Joseph Popolo bought around 100k shares on-market at roughly €0.72 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €940k more in shares than they have sold in the last 12 months. Annonce • May 25
Ondas Holdings Inc. Receives A Letter from Nasdaq Regarding Minimum Bid Price Requirement On May 22, 2024, Ondas Holdings Inc. (the Company") received a letter (the Nasdaq Staff Deficiency Letter") from The Nasdaq Stock Market LLC (Nasdaq") indicating that, for the last thirty (30) consecutive business days, the bid price for the Company's common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Requirement"). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until November 18, 2024, to regain compliance. The Nasdaq Staff Deficiency Letter states that the Nasdaq staff will provide written notification that the Company has achieved compliance with Rule 5550(a)(2) if at any time before November 18, 2024 (the Compliance Period"), the bid price of the Company's common stock closes at $1.00 per share or more for a minimum of ten (10) consecutive business days. The Nasdaq Staff Deficiency Letter has no immediate effect on the listing or trading of the Company's common stock. The Company intends to continue actively monitoring the bid price for its shares of common stock between now and the expiration of the Compliance Period and will consider all available options to resolve the deficiency with every intention to regain compliance with the Minimum Bid Price Requirement. If the Company does not regain compliance with Rule 5550(a)(2) within the Compliance Period, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq, with the exception of the bid price requirement, and would need to provide written notice of its intention to cure the deficiency during the second compliance period, for example, by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq would notify the Company that its securities would be subject to delisting. In the event of such a notification, the Company may appeal the Nasdaq staff's determination to delist its securities. There can be no assurance that the Company will be eligible for the additional 180 calendar day compliance period, if applicable, or that the Nasdaq staff would grant the Company's request for continued listing subsequent to any delisting notification. Reported Earnings • May 17
First quarter 2024 earnings released: US$0.16 loss per share (vs US$0.30 loss in 1Q 2023) First quarter 2024 results: US$0.16 loss per share (improved from US$0.30 loss in 1Q 2023). Revenue: US$625.0k (down 76% from 1Q 2023). Net loss: US$9.88m (loss narrowed 32% from 1Q 2023). Revenue is forecast to grow 93% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Annonce • May 16
Ondas Holdings Inc. Provides Revenue Guidance for the Second Half and Full Year of 2024 Ondas Holdings Inc. provided revenue guidance for the second half and full year of 2024. For the second half, the company expects revenue visibility to improve as Ondas Networks advances systems integration efforts with the Class I railroads in the 900 MHz rail network, Optimus System inventory availability improves and Iron-Drone commercial bookings and production advance. Bookings and revenue growth are expected to fluctuate from quarter-to-quarter given the uncertainty around the timing of customer activity in front of the targeted commercial rollout for the 900 MHz rail network, the development programs underway with Siemens and MxV Rail, in addition to the timing of OAS's deliveries of the Optimus and Iron-Drone systems to the UAE, Israel and its growing roster of customers globally.For the full year, the company expects to generate significant revenue growth, driven by growing customer activity in both business units with orders and backlog increasing in the second half of 2024. Annonce • Apr 03
Ondas Holdings Inc. Provides Revenue Guidance for the Full Year 2024 Ondas Holdings Inc. provided revenue guidance for the full year 2024. For the year, the company expected to generate significant revenue growth for the full year 2024 driven by growing customer activity in both business units with orders and backlog increasing throughout the year. Reported Earnings • Apr 03
Full year 2023 earnings released: US$0.88 loss per share (vs US$1.73 loss in FY 2022) Full year 2023 results: US$0.88 loss per share (improved from US$1.73 loss in FY 2022). Revenue: US$15.7m (up US$13.6m from FY 2022). Net loss: US$46.4m (loss narrowed 37% from FY 2022). Revenue is forecast to grow 76% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Annonce • Apr 02
Ondas Holdings Inc. Appoints Joseph Popolo as an Independent Director, Effective March 27, 2024 On March 27, 2024, the Board of Directors of Ondas Holdings Inc. appointed Joseph Popolo as an independent director, effective March 27, 2024. Mr. Popolo, 57, serves as the CEO of Charles & Potomac Capital, LLC, a private investment firm he founded in 2014 to focus on investments intechnology, healthcare, media, energy, and real estate. From 1997 to 2019, Mr. Popolo helped transform the Freeman Company into the world'sleading live event and brand experience company. As its President for eight years and CEO for 11 years, he and his team transformed Freeman and tripled it in size to $3 billion in revenue, expanding Freeman into new services and geographic markets, while leading 7,500 employees in 25 cities on four continents. Responsible for over $1.5 billion in M&A activity over his career, in 2019, Mr. Popolo led the team that marketed and sold Freeman's Encore Event Technology subsidiary to Blackstone, creating the world's largest-venue-based audio-visual company. Currently, Mr. Popolo is Chairman of the board of Pinnacle Live, LLC and a board member of Ondas Networks, and sits on the advisory boards of the Jordan Edmiston Group Inc., Samesurf Inc., and Advisory Research Inc. Mr. Popolo graduated from Boston College with a BS in Finance and from the University of Chicago Booth School of Business with an MBA in Finance and Economics, subsequently receiving a Dean's Award of Distinction from the Booth School of Business in 1997. Mr. Popolo is active with other charitable and philanthropic organizations. Mr. Popolo's experience in senior leadership positions at companies and his board experience makes him well-qualified to serve on board of directors. Information regarding any transactions between Mr. Popolo and the Company subject to disclosure under Item 404(a) of Regulation S-K are disclosed in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on April 1, 2024. Annonce • Mar 14
Ondas Holdings Inc. to Report Q4, 2023 Results on Apr 01, 2024 Ondas Holdings Inc. announced that they will report Q4, 2023 results at 12:30 PM, US Eastern Standard Time on Apr 01, 2024 Annonce • Feb 26
Ondas Holdings Inc. has filed a Follow-on Equity Offering in the amount of $4.05 million. Ondas Holdings Inc. has filed a Follow-on Equity Offering in the amount of $4.05 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,616,071
Price\Range: $1.12 Buy Or Sell Opportunity • Feb 15
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 104% to €1.46. The fair value is estimated to be €1.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 54% over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 600% in 2 years. Earnings are forecast to grow by 87% in the next 2 years. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Jas Sood was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annonce • Jan 25
Ondas Holdings Inc. Announces Chief Financial Officer Changes As previously reported on Ondas Holdings Inc.'s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 10, 2023, Yishay Curelaru, the Company's Chief Financial Officer, was drafted to the Israeli army and temporarily stepped down from his position as the Company's Chief Financial Officer. As a result, Eric Brock, Chairman, Chief Executive Officer and President of the Company, was appointed Interim Chief Financial Officer of the Company, on and effective October 9, 2023. On January 22, 2024, Mr. Curelaru was re-appointed as the Company's Chief Financial Officer of the Company, effective immediately. Mr. Curelaru continues to serve as the Company's Treasurer and Secretary. In connection with the re-appointment of Mr. Curelaru as the Company's Chief Financial Officer, Mr. Brock resigned as Interim Chief Financial Officer of the Company, on and effective January 22, 2024. Mr. Brock continues to serve as the Company's Chairman, Chief Executive Officer, and President. Buy Or Sell Opportunity • Jan 25
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 331% to €1.25. The fair value is estimated to be €1.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 54% over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 600% in 2 years. Earnings are forecast to grow by 87% in the next 2 years. New Risk • Nov 17
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$39m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$39m). Currently unprofitable and not forecast to become profitable over next 2 years (US$10.0m net loss in 2 years). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (€39.8m market cap, or US$43.3m). Reported Earnings • Nov 17
Third quarter 2023 earnings released: US$0.15 loss per share (vs US$0.32 loss in 3Q 2022) Third quarter 2023 results: US$0.15 loss per share (improved from US$0.32 loss in 3Q 2022). Revenue: US$2.67m (up 321% from 3Q 2022). Net loss: US$7.91m (loss narrowed 42% from 3Q 2022). Revenue is forecast to grow 86% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Communications industry in Europe. Annonce • Nov 17
Ondas Holdings Inc. Provides Earnings Guidance for Fourth Quarter 2023 and Full Year 2023 Ondas Holdings Inc. provided earnings guidance for fourth quarter 2023 and full year 2023. Revenue for the fourth quarter 2023 is expected to be $4.2 million– $4.4 million.For full year 2023 revenue target of $15 million, a more than 6-fold increase over full year 2022 revenues of $2.2 million. Annonce • Nov 08
Ondas Holdings Inc. to Report Q3, 2023 Results on Nov 14, 2023 Ondas Holdings Inc. announced that they will report Q3, 2023 results on Nov 14, 2023 Annonce • Oct 11
Ondas Holdings Inc. Announces Executive Changes Ondas Holdings Inc. reported that amidst the widely reported hostilities and conflict in Israel, its Israel-based operations are open and serving customers and all of its Israel-based personnel are accounted for and safe. In addition, the business operations in Israel and the Middle East are being supported by its U.S. teams. Yishay Curelaru, Chief Financial Officer of the Company, was drafted to the Israeli army. As a result, Mr. Curelaru has temporarily stepped down from his position as the Chief Financial Officer of the Company, on and effective October 9, 2023. Eric Brock, President and Chief Executive Officer of the Company, has been appointed Interim Chief Financial Officer of the Company, on and effective October 9, 2023. The Company expects Mr. Curelaru to resume full duties as Chief Financial Officer in the near future. Annonce • Oct 08
Ondas Holdings Receives a Letter from the Nasdaq Stock Market On October 3, 2023, Ondas Holdings Inc. received a letter from The Nasdaq Stock Market LLC indicating that, for the last thirty (30) consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until April 1, 2024, to regain compliance. The Nasdaq Staff Deficiency Letter states that the Nasdaq staff will provide written notification that the Company has achieved compliance with Rule 5550(a)(2) if at any time before April 1, 2024, the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of ten (10) consecutive business days. The Nasdaq Staff Deficiency Letter has no immediate effect on the listing or trading of the Company’s common stock. The Company intends to continue actively monitoring the bid price for its shares of common stock between now and the expiration of the Compliance Period and will consider all available options to resolve the deficiency with every intention to regain compliance with the Minimum Bid Price Requirement. If the Company does not regain compliance with Rule 5550(a)(2) within the Compliance Period, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq, with the exception of the bid price requirement, and would need to provide written notice of its intention to cure the deficiency during the second compliance period, for example, by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq would notify the Company that its securities would be subject to delisting. In the event of such a notification, the Company may appeal the Nasdaq staff’s determination to delist its securities. There can be no assurance that the Company will be eligible for the additional 180 calendar day compliance period, if applicable, or that the Nasdaq staff would grant the Company’s request for continued listing subsequent to any delisting notification. Annonce • Oct 06
Ondas Holdings Inc., Annual General Meeting, Oct 31, 2023 Ondas Holdings Inc., Annual General Meeting, Oct 31, 2023, at 10:00 US Eastern Standard Time. Location: Marriott Boston Newton Hotel, 2345 Commonwealth Ave Newton Massachusetts United States Agenda: To consider to elect four directors, each for a term expiring at the next annual meeting or until their successors are duly elected and qualified; to ratify the selection of Rosenberg Rich Baker Berman, P.A. as the Company’s independent certified public accountants for the fiscal year ending December 31, 2023; to obtain advisory approval of the Company’s executive compensation; to approve, for purposes of complying with Nasdaq Listing Rule 5635(d), of the Floor Price (as described in this Proxy Statement) and the shares of Common Stock issuable pursuant to the Additional $11.5 million Notes Closing (as described in this Proxy Statement); to approve an amendment to the 2021 Stock Incentive Plan (the “2021 Plan”) to increase the number of shares of Common Stock authorized for issuance under the 2021 Plan; and to transact any other business that is properly presented at the Annual Meeting or any adjournments or postponements of the Annual Meeting. Annonce • Sep 24
Ondas Holdings Inc. Announces Chief Financial Officer Changes Ondas Holdings Inc. announced that Yishay Curelaru has been promoted to Chief Financial Officer (CFO), effective September 19, 2023. Mr. Curelaru, 41, will report directly to Eric Brock, Ondas' Chief Executive Officer. In addition to his responsibilities at Ondas Holdings, Mr. Curelaru will continue to serve as CFO of Ondas' wholly owned subsidiary, Airobotics LTD, and lead the financial management of the Ondas Autonomous Systems (OAS) business unit. Mr. Curelaru has held CFO responsibilities at OAS since the acquisition of Airobotics, which closed in January 2023. He joined Airobotics in 2018 and has served as CFO since February 2021. At Airobotics, Mr. Curelaru led multiple financings which included an initial public offering in Tel Aviv in September 2021. Prior to that, he served as CFO of On Track Innovations, from 2015 to 2022, when it was acquired by Nayax Ltd. He previously served as Senior Controller and Deputy CFO of OTI from 2013 to 2015. Prior to that, he was a Senior CPA at PricewarwehouseCoopers Israel where he began his career, from 2011 to 2013. Mr. Curelaru graduated from Ben-Gurion University with a B.A. in Economics, with a major in Accounting. Mr. Curelaru replaces Derek Reisfield. Derek Reisfield’s service as the Company’s Chief Financial Officer terminated effective September 18, 2023. Annonce • Sep 23
Ondas Holdings Inc. Announces Management Changes Ondas Holdings Inc. announced that Yishay Curelaru has been promoted to Treasurer and Secretary, effective September 19, 2023. Mr. Curelaru, 41, will report directly to Eric Brock, Ondas' Chief Executive Officer. In addition to his responsibilities at Ondas Holdings, Mr. Curelaru will continue to serve as CFO of Ondas' wholly owned subsidiary, Airobotics LTD, and lead the financial management of the Ondas Autonomous Systems (OAS) business unit. Mr. Curelaru has held CFO responsibilities at OAS since the acquisition of Airobotics, which closed in January 2023. He joined Airobotics in 2018 and has served as CFO since February 2021. At Airobotics, Mr. Curelaru led multiple financings which included an initial public offering in Tel Aviv in September 2021. Prior to that, he served as CFO of On Track Innovations, from 2015 to 2022, when it was acquired by Nayax Ltd. He previously served as Senior Controller and Deputy CFO of OTI from 2013 to 2015. Prior to that, he was a Senior CPA at PricewarwehouseCoopers Israel where he began his career, from 2011 to 2013. Mr. Curelaru graduated from Ben-Gurion University with a B.A. in Economics, with a major in Accounting. Mr. Curelaru replaces Derek Reisfield. Derek Reisfield’s service as the Company’s Treasurer and Secretary terminated effective September 18, 2023. Also, effective September 18, 2023, Mr. Reisfield resigned as a director of the Company pursuant to the terms of the Employment Agreement. Annonce • Sep 09
Ondas Holdings’ Airobotics Optimus 1-Ex Drone Receives Historic U.S. FAA Type Certification Ondas Holdings Inc. announced that the U.S. Federal Aviation Administration (FAA) has granted the Optimus-1EX system a Type Certificate that will streamline operational approvals for broad flight operations over people and infrastructure. The certification verifies the compliance of the system’s design with the required FAA airworthiness and noise standards, ensuring safe operation within the National Airspace System (NAS) thereby significantly broadening the range of operational scenarios and scaling up of operations for automated Uncrewed Aircraft (UAs). David Boulter, the FAA’s Associate Administrator for Aviation Safety, is expected to announce the Type Certificate award during the keynote session Wednesday morning at the Commercial UAV Expo being held in Las Vegas. The first-of-its-kind certification for a non-air carrier UA was achieved after four years of intensive engineering and operational review processes conducted by the FAA. The Optimus System is already operating regularly in urban environments in the United Arab Emirates (UAE). Ondas plans to leverage their experience in the UAE, and their newly type-certificated vehicle, to conduct similar operations in urban environments across the U.S., aligning with the Company’s vision of deploying fleets of Optimus Systems as a permanent drone infrastructure. This infrastructure aims to provide Smart City solutions, enhance public safety, enable Drone as a First Responder (DFR) capabilities, and offer various commercial and industrial aerial data services. Type Certificates hold significant importance and value in the aviation industry. The certification process is designed to ensure that aircraft and components meet specific airworthiness standards set by the regulatory authority. The FAA initially began working with leading commercial drone manufacturers, including Airobotics, on the type certification process in 2019. Airobotics, focused on data capturing in urban environments, stands as the first non-air carrier vehicle to achieve it among numerous companies pursuing UAS type certification with the FAA. The Optimus System ranks among the most mature automated drone platforms in the market in terms of proven reliability, safety, and value. Ondas believes the Type Certificate presents a game-changing solution for local governments and commercial entities seeking to streamline aerial data capture using a safe and certified airworthy UAS. Already deployed in the UAE and Israel, the Optimus System relies on fleets of automated drones that operate without on-the-ground human intervention. These drones function as a task force, simultaneously collecting and providing critical information for various customer requirements. Each Optimus System, networked as fleet infrastructure, includes a smart airbase enabling automated battery changes for 24/7 operations. It also facilitates automated loading and installation of sensors suited for each specified mission. Optimus drones cover a perimeter of up to 30 square miles surrounding an airbase. Drone flights can be tasked with specific sensors, enabling diverse tasks within the fleet. Complex, longer-term operations can be activated, overseen by remote operators in a command-and-control center. Reported Earnings • Aug 15
Second quarter 2023 earnings released: US$0.17 loss per share (vs US$0.27 loss in 2Q 2022) Second quarter 2023 results: US$0.17 loss per share (improved from US$0.27 loss in 2Q 2022). Revenue: US$5.47m (up US$4.86m from 2Q 2022). Net loss: US$8.96m (loss narrowed 21% from 2Q 2022). Revenue is forecast to grow 78% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Communications industry in Europe. Annonce • Aug 04
Ondas Holdings Inc. to Report Q2, 2023 Results on Aug 14, 2023 Ondas Holdings Inc. announced that they will report Q2, 2023 results on Aug 14, 2023 Annonce • Jul 25
Ondas Holdings Inc. announced that it expects to receive $10 million in funding Ondas Holdings Inc. announced a private placement of 3% senior convertible notes due 2025 at an aggregate principal amount of $11,500,000 for gross proceeds of $10,000,000 on July 24, 2023. Annonce • Jun 11
Ondas Holdings Inc. Announces Executive Changes On June 9, 2023, the Board of Directors of Ondas Holdings Inc. appointed Eric Brock, the Company’s Chairman and Chief Executive Officer, President of the Company, effective June 9, 2023. Mr. Brock will continue to serve as Chairman and Chief Executive of the Company. On June 8, 2023, Reese Mozer resigned from his role as President of the Company, effective June 8, 2023. Reported Earnings • May 17
First quarter 2023 earnings released: US$0.30 loss per share (vs US$0.24 loss in 1Q 2022) First quarter 2023 results: US$0.30 loss per share (further deteriorated from US$0.24 loss in 1Q 2022). Net loss: US$14.5m (loss widened 44% from 1Q 2022). Revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Communications industry in Europe. Annonce • May 16
Ondas Holdings Inc. Provides Earnings Guidance for Full Year 2023 Ondas Holdings Inc. provided earnings guidance for full year 2023. For the year, the company believes it is tracking to meet the lower end of the original $26 million to $30 million range for revenue. Annonce • May 09
Ondas Holdings Inc. to Report Q1, 2023 Results on May 15, 2023 Ondas Holdings Inc. announced that they will report Q1, 2023 results on May 15, 2023 Recent Insider Transactions • Mar 19
Director recently sold €90k worth of stock On the 17th of March, Thomas Bushey sold around 75k shares on-market at roughly €1.20 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €75k more than they bought in the last 12 months. Reported Earnings • Mar 15
Full year 2022 earnings released: US$1.73 loss per share (vs US$0.44 loss in FY 2021) Full year 2022 results: US$1.73 loss per share (further deteriorated from US$0.44 loss in FY 2021). Net loss: US$73.2m (loss widened 388% from FY 2021). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Communications industry in Europe. Annonce • Feb 17
Ondas Holdings Inc. Appoints Reese Mozer as President On February 9, 2023, the Board of Directors of Ondas Holdings Inc. (the ‘Company’) appointed Reese Mozer President of the Company, effective February 14, 2023. Mr. Mozer will continue to serve as chief executive officer of American Robotics Inc. (‘American Robotics’). Mr. Mozer assumed this role from the Company's Chief Financial Officer, Treasurer and Secretary Derek Reisfield. Mr. Reisfield will continue to serve as Chief Financial Officer, Treasurer and Secretary of the Company. Reese Mozer, aged 31 years, was appointed President of the Company effective February 14, 2023 and is the CEO and Co-Founder of American Robotics since 2015, the developer of FAA-approved fully-automated drone systems that provide ultra-high resolution aerial data to enterprise customers. Prior to founding American Robotics, Mr. Mozer worked for the Association for Unmanned Vehicle Systems International (AUVSI) from 2010 to 2014 researching the uses, markets, and technology gaps for drones in the commercial sector, as well as Palm Ventures from 2010 to 2011, a private equity firm analyzing and evaluating both early stage and growth capital businesses. Mr. Mozer is a member of several industry standards bodies and associations, including the Board of the Commercial Drone Alliance (CDA), FAA Center of Excellence for UAS Research (ASSURE), the Association for Unmanned Vehicle Systems International (AUVSI), and the Massachusetts Technology Leadership Council (MassTLC). Annonce • Nov 24
Ondas Holdings Inc., Annual General Meeting, Dec 19, 2022 Ondas Holdings Inc., Annual General Meeting, Dec 19, 2022, at 10:00 Eastern Daylight. Location: 411 Waverley Oaks Road, Suite 114 Waltham Massachusetts United States Agenda: To consider Director Election Proposal; to consider Auditor Ratification Proposal; to consider Say on Pay Proposal; to consider Stock Issuance Proposal; and to transact any other business that is properly presented at the Annual Meeting or any adjournments or postponements of the Annual Meeting. Reported Earnings • Nov 18
Third quarter 2022 earnings released: US$0.32 loss per share (vs US$0.13 loss in 3Q 2021) Third quarter 2022 results: US$0.32 loss per share (further deteriorated from US$0.13 loss in 3Q 2021). Net loss: US$13.6m (loss widened 176% from 3Q 2021). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Communications industry in Europe. Annonce • Nov 02
Ondas Holdings Inc. to Report Q3, 2022 Results on Nov 14, 2022 Ondas Holdings Inc. announced that they will report Q3, 2022 results Pre-Market on Nov 14, 2022 Reported Earnings • Aug 10
Second quarter 2022 earnings released: US$0.27 loss per share (vs US$0.098 loss in 2Q 2021) Second quarter 2022 results: US$0.27 loss per share (down from US$0.098 loss in 2Q 2021). Net loss: US$11.4m (loss widened 304% from 2Q 2021). Over the next year, revenue is forecast to grow 1,469%, compared to a 8.5% growth forecast for the industry in Germany. Annonce • Aug 04
Ondas Holdings Inc. to Report Q2, 2022 Results on Aug 09, 2022 Ondas Holdings Inc. announced that they will report Q2, 2022 results on Aug 09, 2022 Reported Earnings • May 13
First quarter 2022 earnings released: US$0.24 loss per share (vs US$0.12 loss in 1Q 2021) First quarter 2022 results: US$0.24 loss per share (down from US$0.12 loss in 1Q 2021). Net loss: US$10.0m (loss widened 219% from 1Q 2021). Over the next year, revenue is forecast to grow 893%, compared to a 7.0% growth forecast for the industry in Germany. Annonce • May 06
Ondas Holdings Inc. to Report Q1, 2022 Results on May 11, 2022 Ondas Holdings Inc. announced that they will report Q1, 2022 results on May 11, 2022 Breakeven Date Change • Apr 29
No longer forecast to breakeven The 2 analysts covering Ondas Holdings no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$13.4m in 2023. New consensus forecast suggests the company will make a loss of US$9.71m in 2023. Annonce • Feb 01
Ondas Holdings Inc. Appoints Reese Mozer as Commercial Drone Alliance (CDA) board Ondas Holdings Inc. announced that American Robotics’ CEO and co-founder, Reese Mozer, has been appointed to the Commercial Drone Alliance (CDA) board. The CDA board comprises the top drone companies in the United States, and regularly meets with policymakers at the Federal Aviation Administration, Department of Transportation, White House, and Congress to educate and champion the future of the drone industry. In this role, American Robotics will advocate for the societal and economic benefits of uncrewed aircraft systems (UAS) technology and work towards enabling the industry to scale its operation for the benefit of the American public. Recent Insider Transactions • Nov 21
Co-Founder recently sold €482k worth of stock On the 19th of November, Stewart Kantor sold around 57k shares on-market at roughly €8.52 per share. This was the largest sale by an insider in the last 3 months. Stewart has been a seller over the last 12 months, reducing personal holdings by €794k. Reported Earnings • Nov 16
Third quarter 2021 earnings released: US$0.13 loss per share (vs US$0.17 loss in 3Q 2020) Third quarter 2021 results: Net loss: US$4.91m (loss widened 48% from 3Q 2020). Recent Insider Transactions • Sep 23
Co-Founder recently sold €311k worth of stock On the 17th of September, Stewart Kantor sold around 45k shares on-market at roughly €6.92 per share. This was the largest sale by an insider in the last 3 months. This was Stewart's only on-market trade for the last 12 months. Breakeven Date Change • Sep 23
Forecast to breakeven in 2022 The 2 analysts covering Ondas Holdings expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$4.08m in 2022. Average annual earnings growth of 119% is required to achieve expected profit on schedule. Reported Earnings • Aug 21
Second quarter 2021 earnings released: US$0.098 loss per share (vs US$0.16 loss in 2Q 2020) Second quarter 2021 results: Net loss: US$2.82m (loss narrowed 12% from 2Q 2020).