Ondas Inc · NASDAQ:ONDS
Ondas — Q3 2021 Earnings Presentation
19 slides from Ondas's earnings presentation, Nov 15, 2021
Slide 1: Q3 2021 Earnings Release
Q3 2021 Earnings Release November 15, 2021
Slide 2: Disclaimer
Disclaimer This presentation may contain "forward - looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "projects," "will," "may," "anticipates," "believes," "should," "intends,
Slide 3: Management Team
3 Management Team Reese Mozer CEO, American Robotics Reese is an entrepreneur and roboticist with over 10 years of experience developing and marketing autonomous drones. Eric Brock Chairman and CEO Eric is an entrepreneur with over 25 years of management and investing experience. Stewart Kantor Pres
Slide 4: Ondas Holdings – A Powerful Industrial Technology Platform
4 DATA TRANSFER Private, mission - critical wireless industrial networks Platform & SaaS Model DATA CAPTURE & PROCESS End - to - end UAS - driven industrial data Solutions RaaS Model SYNERGISTIC MARKETS & BUSINESS MODELS Addressing large, global markets Target critical infrastructure & gov customers
Slide 5: Q3 Earnings Call Agenda
Q3 Earnings Call | Agenda Progress on Key Priorities 01 Q3 Financial Review 02 Strategic Review 03 04 Investor Q&A 05 Outlook 5
Slide 6: Progress on Key Priorities
6 Commercial adoption begins in critical 900 MHz with Class 1 Rails Initial 900 MHz order secured; more expected Siemens partnership continues to broaden More joint - development, International & Transit markets Aura Phase 1 project completed Key hires being on - boarded Scout production ramped; del
Slide 7: Q3 Review | Financial Results (Three Months)
Q3 Review | Financial Results SELECT P&L DATA (Unaudited) 2021 2020 Revenues, net 283,329$ 614,026$ Cost of goods sold 269,716 365,863 Gross profit 13,613 248,163 Operating expenses: General and administration 2,721,785 1,823,336 Sales and marketing 424,992 253,560 Research and development 1,780,187
Slide 8: Q3 Review | Financial Results (Nine Months)
Q3 Review | Financial Results SELECT P&L DATA (Unaudited) 2021 2020 Revenues, net 2,335,525$ 1,969,598$ Cost of goods sold 1,405,741 1,087,540 Gross profit 929,784 882,058 Operating expenses: General and administration 7,625,909 5,222,180 Sales and marketing 808,513 934,948 Research and development
Slide 9: Q3 Review | Select Cash Flow Data
Q3 Review | Financial Results (Unaudited) 2021 2020 Net cash used in operating activities $ (11,623,656) $ (4,875,137) Net cash used in investing activities (8,684,736) (13,606) Net cash provided by financing activities 41,744,186 4,884,060 Increase (Decrease) in cash 21,435,794 (4,683) Cash and cas
Slide 10: Class I Rails move towards FullMAX platform adoption
Class 1 Rails move towards FullMAX platform adoption Initial 900 MHz order received; additional orders expected Expanded MC - IoT Rail lab launch pending Key Accomplishments Siemens expands product development and broadens marketing effort to new International and Transit markets Completed Phase 1 T
Slide 11: Ondas and Siemens Secure Order from Class I Railroad
Ondas and Siemens Secure Order from Class I Railroad for 900 MHz Network First 900 MHz Orders Secured by Siemens from a Class I Railroad (for year - end delivery) Multiple development programs underway for both North American and International markets: New On - Board Locomotive Telemetry product for
Slide 12: The North American MC-IoT Rail Lab
Why a Lab? Enables optimization of different network configurations Ensures interoperability / coexistence among the Class I Rails using shared licensed spectrum Allows for Next - Generation Application Testing in a controlled environment Rail Network Engineer training Federated Lab 900 MHz Funded b
Slide 13: Completed Phase I development for Aura
Completed Phase I software and hardware development for Aura Expect to receive additional orders in Q4 to support testing and commercialization efforts Transitional C2 network equipment for unmanned aviation supported by significant real world aerial testing AURA has constructed a private, nationwid
Slide 14: Hiring on-target; headcount expanded 200% YoY
Hiring on - target – headcount expanded 200% YoY Onboarded key personnel and industry - leading talent at all levels : VP of Sales, VP of Operations, VP of Engineering, Director of Talent, Director of Flight Operations, and Director of Product. Backgrounds include GE, Baker Hughes, iRobot, CyPhy Wor
Slide 15: AR Business Expansion Plan Launched
AR | BUSINESS EXPANSION PLAN LAUNCHED Received purchase order from ConocoPhillips; initial Scout System Ʀ delivered. Received purchase order from Syngenta for Q2 delivery Completed product integration with Stockpile Reports; additional installations are planned beginning in Q4 following the initial
Slide 16: Ondas Invests in AI with Dynam.AI
Ondas Invests in artificial intelligence with Dynam.AI American Robotics enters into a joint development, services and marketing agreement with Dynam.AI Partnership supported by Ondas Holdings equity investment in Dynam.AI Funds used to support Dynam's proprietary Vizlab Ʀ , an AI/ML platform - an a
Slide 17: Outlook Summary
17 Transitioning from Investment mode to platform delivery Business expansion plan launched – AR is Scaling Critical 900 MHz adoption beginning Growing with Siemens in new markets Preparing production and inventory for 2022 Customer delivery platform scales with key personnel Scout System ž producti
Slide 18: Investor Q&A
INVESTOR Q&A ON DEN hk AMERICAN ROBOTICS
Slide 19: Thank you for attending
Thank you for attending 19