Business
Ondas Holdings Reports Second Quarter 2025 Financial Results - Remains on Track for Record Year Driven by Execution at OAS, Global Demand for Autonomous Drone Systems
Record Quarterly Revenue of $6.3 Million in Q2; a 6-fold Increase YoY and 50% Growth QoQEnded Second Quarter with $68.6 Million of Cash to Support Growth
About this update from Ondas Inc
[{"type":"text","content":"Record Quarterly Revenue of $6.3 Million in Q2; a 6-fold Increase YoY and 50% Growth QoQEnded Second Quarter with $68.6 Million of Cash to Support Growth Plan$22.0 million backlog at end of Q2 2025Expected New Orders Across Europe, the Middle East and the United States in 2H 2025 Position OAS for Accelerated Global Expansion into 2026Conference Call Scheduled for Today at 8:30 a.m. ET BOSTON, MA / ACCESS Newswire / August 12, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) (\"Ondas\" or the \"Company\"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions through its Ondas Networks and Ondas Autonomous Systems (OAS) business units, reported financial and operating results for the second quarter ended June 30, 2025.\"Ondas delivered a record quarter with $6.3 million in revenue, reflecting accelerating execution and global market adoption at Ondas Autonomous Systems (OAS),\" said Eric Brock, Chairman and CEO of Ondas Holdings. \"OAS is executing with discipline and scale as we continue to see robust international demand for our autonomous drone technologies across defense and homeland security markets. In the first half of 2025, we secured record orders and continued to convert our growing backlog into revenue, supported by urgent deployments and new contracts. In Q2, our team delivered key program milestones in Israel and the UAE and advanced new customer engagements across Europe, Asia, and the United States. In addition, we are making substantial progress on our strategic growth plan, as evidenced by our partnership and strategic investment in Rift Dynamics, which will broaden Ondas' relationships in Europe, and provide American Robotics with a built-for-purpose attritable drone capability meeting \"mass lethality\" requirements for the U.S. defense market.\"\"National policy in the United States continues to evolve in favor of strengthening the domestic drone industry. During Q2, we saw a series of significant developments, from the Trump Administration's executive orders, including the ‘Ensuring American Drone Dominance' directive, to the bipartisan passage of the One Big Beautiful Act (OBBA), which outlines major increases in federal funding for drone procurement and R&D. And just last week, the FAA issued a Notice of Proposed Rulemaking (NPRM) to advance regulations enablin...