Financial Performance & Outlook - Ondas reported revenue of $63 million in Q2 2025, a 555% increase compared to $957851 in Q2 2024[19,35] - The company is targeting at least $25 million in revenue for the full year 2025[19] - Ondas' consolidated backlog has grown to $22 million, up from $10 million at the end of Q4 2024[22] - The company's cash balance as of Q2 2025 was $686 million[22,37] - Adjusted EBITDA improved by $905k year-over-year[36] Ondas Autonomous Systems (OAS) - OAS generated $61 million in revenues for Q2 2025 and captured $233 million in orders year-to-date[58] - OAS secured $38 million in orders for the Optimus Drone Network in the UAE[58] - OAS secured $143 million Optimus System order from a major defense customer[58] Ondas Networks & dot16 Technology - IEEE 80216t (dot16) wireless standard was ratified, with Ondas leading the development[19,46] - dot16 was selected as the NGHE communications platform by the AAR[19] - The company is launching a field trial in Q3 2025 to demonstrate converting a 160 MHz network to dot16[51]

Core Insights - Nauticus Robotics, Inc. has entered into a Master Services Agreement with Advanced Ocean Systems, Inc. to enhance the integration of autonomous systems in the offshore sector [1][2] - The collaboration aims to leverage both companies' engineering expertise to improve efficiencies in subsea operations [3][4] Company Overview - Nauticus Robotics specializes in autonomous robots for ocean industries, focusing on reducing operational costs and environmental impact through advanced technology [6] - Advanced Ocean Systems provides integrated systems solutions, including autonomous surface vessels and advanced deck systems, with a strong emphasis on innovation in ocean technologies [7] Strategic Collaboration - The partnership will involve joint projects to accelerate the deployment of subsea robotics and autonomous systems, enhancing operational capabilities in offshore environments [2][3] - Initial discussions include trials at AOS's test facility in Florida, focusing on Nauticus' Aquanaut AUV and its integration with other unmanned assets [4][5]

Group 1 - Forterra has announced a formal partnership with Higher Ground to support veterans, first responders, and individuals with disabilities through therapeutic recreation and education [1][2] - The partnership aims to empower veterans by combining Forterra's advanced technology with Higher Ground's therapeutic programs, creating new opportunities for veterans to reconnect and recover [2][4] - Forterra's CEO emphasized the mission to reduce the impact of combat on humans and extend support beyond the battlefield through this partnership [3] Group 2 - Higher Ground has been active for over 25 years, focusing on transforming lives through therapeutic recreation and education, particularly for veterans and first responders [6] - The partnership includes sponsorship of events such as the fall 2025 Fly Fishing Week and aims to facilitate discussions on veteran well-being and transitions into fields like autonomy and defense technology [3][4] - Future initiatives will involve mentorship, technology exposure events, and co-branded service initiatives to enhance the lives of veterans and first responders [3]

XPONENTIAL 2025 in Houston where Mobilicom CEO Oren Elkayam will deliver presentations on securing autonomous vehicles and navigating electromagnetic warfare Modern Day Marine is the largest military equipment, systems, services and technology exposition open exclusively to Marines, DoD, association partners, and authorized industry representatives. Special Operations Forces (SOF) Week 2025 Special Operations Forces (SOF) Week 2025 in Tampa Modern Day Marine Expo in Washington D.C. Palo Alto, California, Ma ...

Financial Data and Key Metrics Changes - Revenues increased 173% to $4,100,000 for Q4 2024 compared to $1,500,000 for Q3 2024, but down 18% from $5,000,000 for Q4 2023 [22] - For the full year 2024, revenues were $7,200,000 compared to $15,700,000 for 2023, largely due to extended timelines and war-related disruptions [25] - Operating loss was $8,500,000 for Q4 2024 compared to $12,600,000 for Q4 2023 [25] - Adjusted EBITDA loss was $28,500,000 for 2024 compared to $29,700,000 for 2023 [27] Business Line Data and Key Metrics Changes - OAS revenues were $3,600,000, an increase of 260% from Q3 2024 and a 10% increase from Q4 2023 [22] - Revenues from ONDAS Networks were $500,000, relatively flat compared to Q3 2024 and down $1,100,000 from Q4 2023 [22] - The company closed the year with a $10,000,000 backlog, primarily with OAS, reinforcing the strength of its pipeline [12] Market Data and Key Metrics Changes - The company established a presence in the global defense market, securing two major programs with a military customer in the Middle East [10] - The demand for drone interception technology is growing, positioning IronDrone as a market-defining platform [10] Company Strategy and Development Direction - The company anticipates a record year of revenue growth in 2025, primarily driven by OAS [7] - Key objectives for 2025 include driving growth with existing programs and expanding into new customer opportunities [14] - A strategic partnership with Palantir Technologies was announced to enhance operational efficiencies through AI [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving at least $20,000,000 in revenues from OAS in 2025, supported by a growing backlog [12][61] - The company expects margins to recover in 2025 with higher revenues and improved scale from larger production volumes at OAS [26] - Management highlighted the importance of operational scale and customer engagement to support growth [64] Other Important Information - The company raised $35,000,000 in Q4 2024, providing a strong liquidity position for expansion [13] - Cash held as of 12/31/2024 was $30,000,000, compared to $15,000,000 as of 12/31/2023 [27] Q&A Session Summary Question: Visibility into $20,000,000 revenue target and mix between Optimus and IronDrone - Management expects the $10,000,000 backlog to be recognized in revenue in Q1 and Q2 2025, with active engagement on new programs [66][67] Question: Development of first responder opportunities in the U.S. market - There is significant interest in the Optimus platform, with successful pilot programs conducted [73][74] Question: Impact of U.S. tariff posture on product delivery and costs - Management does not foresee a major impact from tariffs, as they do not source much from China [75][76] Question: Gross margins expectations for the year - Management expects gross margins to recover, projecting them to be in the 40% range initially, potentially reaching 50% or better [78] Question: Clarification on the partnership with Palantir - Management clarified that the partnership involves integrating Palantir's Foundry AI to enhance operational capabilities and develop advanced solutions [84][85] Question: Status of regulatory deadlines for network requirements - Management indicated that the railroad industry is committed to meeting regulatory deadlines, with specific timelines for spectrum utilization [90][91]