Business
Ondas Holdings Reports Third Quarter 2021 Financial Results
Ondas Networks receives first Commercial 900 MHz Rail Order from Siemens Mobility for a Class I railroadAmerican Robotics secures order in Oil & Gas and
About this update from Ondas Inc
[{"type":"text","content":"Ondas Networks receives first Commercial 900 MHz Rail Order from Siemens Mobility for a Class I railroadAmerican Robotics secures order in Oil & Gas and begins to scaleOndas invests in artificial intelligence company, Dynam.AINANTUCKET, MA / ACCESSWIRE / November 15, 2021 / Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. (\"Ondas Networks\") and American Robotics, Inc. (\"American Robotics\" or \"AR\"), today announced financial and operating results for the third quarter of 2021. Management is hosting an earnings conference call and audio webcast to discuss results today, November 15, at 8:30 a.m. ET.During the third quarter of 2021, Ondas Holdings continued to make significant business development progress at both of its wholly owned subsidiaries, Ondas Networks and American Robotics. At Ondas Networks, we advanced our commercialization efforts with the Class 1 Rails, delivered, and expanded on our partnership with Siemens Mobility, and completed Phase 1 of AURA Networks' Command and Control (\"C2\") requirements for their nationwide Unmanned Aerial Systems (\"UAS\") network. At American Robotics, we accelerated the execution of AR's business expansion plan and commenced scaling the organization to support multiple Franchise customers with our market-leading Scout System™.\"The third quarter marked an important transition for Ondas Networks as we moved from investment mode to platform delivery and adoption,\" said Eric Brock, Ondas' Chairman and CEO. \"We are excited to announce today Ondas Networks has secured its initial commercial order for the 900 MHz railroad communications network which is the culmination of several years of work by our incredibly talented and dedicated team. In addition, we have accelerated our expansion efforts with our recent acquisition of American Robotics. American Robotics is off to a great start scaling our customer-driven services platform and continues to see significant customer demand for our Scout System™.\"Recent Highlights - Ondas NetworksOndas Network and Siemens Mobility launched the Airlink family of radios including completion of our first joint development program for the 900 MHz railroad band.Ondas Networks secured its first commercial 900 MHz Rail Order from Sieme...