Financial Data and Key Metrics - Revenue for Q2 2023 reached $5.5 million, a significant increase from $600,000 in Q2 2022 and $2.6 million in Q1 2023 [53] - Gross profit for Q2 2023 was $3.1 million, a tenfold increase from $300,000 in Q2 2022 [54] - Operating expenses declined slightly to $11.6 million in Q2 2023 compared to $11.7 million in the prior year [55] - The company realized an operating loss of $8.5 million in Q2 2023, down from $11.4 million in Q2 2022 [56] - EBITDA loss improved to $5.6 million in Q2 2023 from $8.8 million in Q2 2022 [57] - Pro forma cash balance after recent funding was $27.1 million as of June 30, 2023 [58][63] Business Line Data and Key Metrics - Ondas Networks delivered $1.5 million in product and development revenue in Q2 2023, a record quarter driven by shipments to Siemens [22] - Ondas Autonomous Systems (OAS) revenue reached $4 million in Q2 2023, up from $1.5 million in Q1 2023 [28] - OAS expects to complete manufacturing and deliver 10 new Optimus Systems by the end of 2023, with 15 systems on order [36] Market Data and Key Metrics - In the UAE, OAS completed a proof-of-concept in Abu Dhabi and secured additional service agreements in Dubai [28][8] - OAS expanded into India through a partnership with Arrow HZ and into Saudi Arabia with Saudi Excellence Corp [8][9] - In the US, OAS secured a proof-of-concept program with MassDOT and is advancing partnerships with Skyfire and other entities [29][67] Company Strategy and Industry Competition - The company is focusing on scaling production and increasing inventory to meet expected demand for the 900 MHz network migration [25][26] - OAS is leveraging its type certification to accelerate market penetration in the US, particularly in public safety and smart city applications [31][69] - The company is working with Siemens to negotiate purchase orders with Class I railroads for the 900 MHz network deployment [50][51] Management Commentary on Operating Environment and Future Outlook - Management remains bullish on the company's outlook, expecting significant growth in 2024 and beyond [15][16] - The company anticipates generating at least $7 million in revenue in the second half of 2023, bringing the full-year target to approximately $15 million [19] - Management expects cash operating expenses to be around $9 million for Q3 2023, consistent with Q2 levels [20] Other Important Information - The company raised $25 million in funding, including $15 million for Ondas Networks and $10 million for the holding company [11][12] - The financing was led by Charles and Potomac, who conducted extensive due diligence on the company's technology and market opportunity [12][49] - The company extended the maturity of its convertible notes from October 2024 to April 2025, reducing monthly amortization [17] Q&A Session Summary Question: Can you provide details on orders from the rails and gross margins? [40][41] - Gross margins for Ondas Networks are targeted at 50%-60%, with expectations of improvement as volumes ramp [64] - The company is working with Siemens to negotiate purchase orders and is building inventory in anticipation of large orders in 2024 and 2025 [64][73] Question: How do you plan to fund the working capital needs for large orders? [74] - The company expects to have payment arrangements with Siemens to support component inventory build and favorable payment terms to manage working capital [74] Question: Can you provide more details on the contract manufacturer? [83] - The contract manufacturer in the US is qualified with Siemens and is prepared to ramp production to meet expected demand [84] Question: How does type certification impact the US market? [85] - Type certification is expected to accelerate customer engagement and shorten the sales process, particularly in public safety and urban environments [86][87]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Commission File Number: 001-39761 ONDAS HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition ...

Ondas Holdings, Inc. (NASDAQ:ONDS) Q1 2023 Earnings Conference Call May 15, 2023 8:30 AM ET Company Participants Eric Brock - Chairman & CEO Derek Reisfield - CFO Reese Mozer - President Stewart Kantor - Founder & President, Ondas Networks Meir Kliner - Founder, Airobotics & President, Ondas Autonomous Systems Conference Call Participants Mike Latimore - Northland Capital Markets Timothy Horan - Oppenheimer Matthew Galinko - Maxim Carter Mansbach - Forte Capital Operator Good morning, and welcome to the Ond ...

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 March 31, 2023 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. Nevada 47-2615102 (I.R.S. Employer Identification No.) 411 Waverley Oaks Road, Su ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) Nevada 47-2615102 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 411 Waverley Oaks Road, Suite 114, Waltham, MA 02452 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Ondas Holdings Inc. (NASDAQ:ONDS) Q4 2022 Earnings Conference Call March 14, 2023 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 Meir Kliner - CEO and Co-Founder of Airobotics Conference Call Participants Mike Latimore - Northland Capital Markets Timothy Horan - Oppenheimer & Co. Operator Welcome to the ...

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 ...

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 September 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) Nevada 47-2615102 (Sta ...

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 ...