Ondas Holdings Inc. (NASDAQ:ONDS) Q3 2022 Earnings Conference Call November 14, 2022 8:30 AM ET Company Participants Eric Brock - Chairman & Chief Executive Officer Derek Reisfield – President & Chief Financial Officer Stewart Kantor - Founder & President, Ondas Networks Reese Mozer - Founder & Chief Executive Officer, American Robotics Conference Call Participants Tim Horan - Oppenheimer Carter Mansbach - Forte Capital Group Mike Latimore - Northland Capital Markets Operator Welcome to the Ondas Holdings I ...

IN LOTA MISSION-CRITICAL DATA and SERVICES Third Quarter 2022 Earnings Release and Business Update Nasdaq : ONDS November 14, 2022 Copyright 2022. All rights reserved. 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," "estimates," and other words of similar mean ...

Business Operations - Ondas Holdings operates through two subsidiaries, Ondas Networks and American Robotics, providing private wireless, drone, and automated data solutions across critical infrastructure markets [197]. - Ondas Networks' FullMAX platform is a Software Defined Radio (SDR) solution that enhances connectivity for mission-critical Industrial Internet applications, supporting a wide range of MC-IoT applications [198][199]. - The North American Rail Network spans 140,000 miles with 25,000 locomotives, and Ondas targets the 900 MHz network for its wireless platform, which is expected to increase capacity using existing infrastructure [202]. - A strategic partnership with Siemens was established to develop wireless communications products for the North American Rail Industry, leading to the launch of Siemens-branded MC-IoT systems [203][206]. - American Robotics' Scout System™ provides automated drone solutions, capable of continuous operations and data collection, marketed under a Robot-as-a-Service (RaaS) model [212][215]. - Ondas Networks received a purchase order from AURA Networks for FullMAX base stations to support a nationwide drone command and control network, meeting FAA requirements for long-distance operations [208][209]. - The company has initiated multiple joint development programs with Siemens, including a Next Generation Radio Board for global rail markets, with targeted completion dates in 2022 [204][206]. - Ondas has expanded its technology applications into Integrated Coastal Surveillance Systems (ICSS) for defense contractors, with additional orders expected in 2023 [211]. - The acquisition of Airobotics aims to enhance Ondas' capabilities in autonomous unmanned aircraft systems and automated data analysis [218]. - The AIRO Merger is expected to close in the first quarter of 2023, with Airobotics becoming a wholly owned subsidiary of the Company, exchanging each ordinary share for 0.16806 of a share of the Company's common stock [221][219]. Financial Performance - For the three months ended September 30, 2022, the Company reported net revenue of $632,489, an increase of $349,160 (123.2%) compared to $283,329 for the same period in 2021 [230][232]. - Gross profit for the three months ended September 30, 2022, was $399,488, reflecting an increase of $385,875 compared to $13,613 in the same period of 2021, resulting in a gross margin of 63% [230][234]. - Operating expenses for the three months ended September 30, 2022, totaled $13,948,232, an increase of $9,021,268 (183.5%) compared to $4,926,964 in the same period of 2021 [235]. - Revenues from Ondas Networks for the three months ended September 30, 2022, were $566,784, an increase of $306,148 compared to $260,636 in 2021 [232]. - The cost of goods sold decreased to $233,001 for the three months ended September 30, 2022, down from $269,716 in the same period of 2021, primarily due to improved margins on product revenue [233]. - Net loss for the nine months ended September 30, 2022, increased by $24,106,008, or 222%, totaling $34,980,165 compared to $10,874,157 for the same period in 2021 [250]. - Revenue decreased by $688,620 to $1,646,905 for the nine months ended September 30, 2022, compared to $2,335,525 for the same period in 2021 [242]. - Gross profit decreased by $89,450 for the nine months ended September 30, 2022, with a gross margin of 51% compared to 40% in 2021 [244]. - Operating loss for the nine months ended September 30, 2022, increased by $23,980,121, or 219%, to $34,913,165 compared to $10,933,044 for the same period in 2021 [248]. - Human resource costs, including benefits, accounted for 41% of total operating expenses for the nine months ended September 30, 2022, up from 34% in 2021 [246]. - The company reported a decrease in other income (expense) of $125,887, or 214%, to $67,000 for the nine months ended September 30, 2022 [249]. - The company had cash flows used in operating activities of $(26,198,673) for the nine months ended September 30, 2022, compared to $(11,623,656) in 2021 [252]. - Cash and cash equivalents decreased to $15,283,557 as of September 30, 2022, down from $47,496,527 at the end of the same period in 2021 [252]. Capital and Funding - The Company issued $34.5 million in 3% senior convertible notes due 2023, with net proceeds of approximately $27.75 million after fees and expenses from the offering [225][226]. - The Company provided Airobotics with a loan agreement increasing available credit to $2.0 million to fund inventory for known customer demand, with $1.75 million already borrowed [228]. - In the quarter ended June 30, 2022, the Company sold 852,679 ATM Shares at an average price of $7.29, resulting in net proceeds of $6.03 million [259]. - For the quarter ended September 30, 2022, the Company sold 11,995 ATM Shares at an average price of $5.62, generating net proceeds of $0.65 million [260]. - The Company anticipates future capital requirements will depend on various factors, including technology development and marketing efforts, with no assurances of generating expected revenue and cash flow [261]. Risks and Challenges - The Company experienced disruptions in sales and marketing efforts due to COVID-19, impacting business development and field activities [222][224]. - The Company anticipates ongoing impacts from COVID-19, including supply chain constraints and difficulties in attracting employees, affecting future business operations [224]. - Forward-looking statements made by the Company are subject to risks and uncertainties that could cause actual results to differ materially [267]. Accounting and Compliance - As of September 30, 2022, the Company reported no off-balance sheet arrangements [262]. - The Company is classified as a smaller reporting company and is not required to provide certain disclosures, including contractual obligations and market risk [264][269]. - There have been no significant changes in critical accounting policies since the 2021 Form 10-K filing [265]. - The Company does not expect recent accounting pronouncements to materially impact its financial statements [266].

Ondas Holdings Inc. (NASDAQ:ONDS) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Eric Brock - Chairman and CEO Stewart Kantor - Co-Founder and President of Ondas Networks Reese Mozer - Co-Founder, CEO, President, Treasurer, Secretary and Director Conference Call Participants Operator Good day, and welcome to the Ondas Holdings' Second Quarter 2022 Earnings and Business Update Conference Call. [Operator Instructions] Please note that today's event is being recorded. At this t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________ to ___________ Commission File Number: 000-56004 ONDAS HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...

| --- | --- | --- | |-------|-------------------------------|----------| | | | | | | ENABLING MISSION-CRITICAL IOT | | | | | | | | INVESTOR | | | | PRESENTATION | May 2022 | 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," "estimates," and other words of simila ...

First Quarter 2022 Earnings Release Ondas Holdings (NASDAQ: ONDS) May 11, 2022 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," "estimates," and other words of similar meaning. Ondas Holdings Inc., and its wholly-owned subsidiaries Ondas Networks, Inc. and Amer ...

Ondas Holdings Inc. (NASDAQ:ONDS) Q1 2022 Earnings Conference Call May 11, 2022 8:30 AM ET Company Participants Eric Brock – Chairman and Chief Executive Officer Reese Mozer – Chief Executive Officer, American Robotics Derek Reisfield – President and Chief Financial Officer Stewart Kantor – President of Ondas Networks Conference Call Participants Timothy Horan – Oppenheimer Mike Latimore – Northland Capital Markets Carter Mansbach – Forte Capital Group Operator Welcome to the Ondas Holdings Inc., First Quar ...

Business Operations - Ondas Holdings operates through two subsidiaries, Ondas Networks and American Robotics, providing private wireless, drone, and automated data solutions across various critical infrastructure markets [182]. - The Ondas Networks segment focuses on Mission-Critical Internet of Things (MC-IoT) applications, offering secure, real-time connectivity and data processing capabilities for industries such as rail, energy, and public safety [183][184]. - The FullMAX platform, a Software Defined Radio (SDR) solution, enhances data throughput and supports legacy industrial protocols, facilitating a seamless transition to advanced internet-protocol-based networks [185][186]. - Ondas has established a strategic partnership with Siemens Mobility to develop wireless communication products for the North American rail industry, including the launch of the dual-mode ATCS/MC-IoT radio system [188][192]. - The North American Rail Network consists of 140,000 miles of track and 25,000 locomotives, with a significant portion of the communications infrastructure requiring upgrades to support new applications [187]. - American Robotics' Scout System™ provides autonomous drone solutions, enabling continuous data collection and analysis for enterprise customers, marketed under a Robot-as-a-Service (RaaS) model [198][200]. - As of March 31, 2022, American Robotics had signed subscription agreements with customers across multiple industries, including agriculture and oil and gas [202]. - Ondas anticipates launching initiatives to expand MC-IoT connectivity into additional critical infrastructure markets, leveraging partnerships to enhance market penetration [197]. Financial Performance - Revenue decreased by $754,566 to $410,198 for the three months ended March 31, 2022, compared to $1,164,764 for the same period in 2021 [206]. - Gross profit decreased by $487,148, resulting in a gross margin of 30% for Q1 2022, down from 52% in Q1 2021 [209]. - Operating expenses increased by $6,622,797, or 190%, to $10,113,599 for the three months ended March 31, 2022, primarily due to the acquisition of American Robotics [210]. - Operating loss increased by $7,109,945, or 247%, to $9,991,333 for Q1 2022, compared to $2,881,388 for Q1 2021 [213]. - Net loss increased by $6,872,280, or 219%, to $10,010,399 for the three months ended March 31, 2022, with a net loss per share of $(0.24) [216]. - Cash and cash equivalents decreased by $8,754,462 to $32,060,661 as of March 31, 2022, compared to $40,815,123 at the beginning of the period [217]. - The company entered into an Equity Distribution Agreement to offer up to $50 million of common stock through an ATM Offering [221]. - The acquisition of Ardenna, Inc. was completed on April 6, 2022, for $900,000 in cash and 780,000 shares of common stock [205]. - The company reported a decrease in interest expense of approximately $207,913 due to the payoff of a promissory note [215]. - As of March 31, 2022, the company had stockholders' equity of approximately $103,551,000 and working capital of approximately $30,375,000 [219]. Risks and Forward-Looking Statements - Forward-looking statements are included in the Form 10-Q, indicating expectations and assumptions that may differ from actual results due to various risks [230]. - The company cautions against placing undue reliance on forward-looking statements due to inherent uncertainties [230]. - The risks that could affect future performance are discussed in the Annual Report on Form 10-K for the year ended December 31, 2021 [230]. - The company has no obligation to publicly update or revise forward-looking statements except as required by law [230]. - The company emphasizes the importance of understanding the risks associated with forward-looking statements [230]. - The financial results and performance metrics are not detailed in the provided content [231]. - No specific user data or future guidance is mentioned in the available documents [231]. - There are no updates on new products, technologies, market expansion, or acquisitions in the provided content [231]. - The company does not provide quantitative disclosures about market risk due to its reporting status [231].

Ondas Holdings Inc. (NASDAQ:ONDS) Q4 2021 Earnings Conference Call March 22, 2022 8:30 AM ET Company Participants Eric Brock - Chairman & CEO Derek Reisfield - President and CFO Stewart Kantor - President of Ondas Networks Reese Mozer - CEO, American Robotics Conference Call Participants Tim Horan - Oppenheimer Mike Latimore - Northland Capital Markets William Morrison - National Securities Ophir Gottlieb - Capital Market Laboratories Operator Welcome to the Ondas Holdings Inc. Fourth Quarter and Full Year ...