Ondas(US:ONDS)2026-01-16 16:02Ondas Holdings, Inc. OAS Investor Day Summary Company Overview - Company Name: Ondas Holdings, Inc. (renamed from Ondas Holdings) - Core Mission: Integrated autonomy delivering defense, security, and intelligence outcomes through operational systems designed for complex environments [4][6] Key Industry Insights - Market Focus: Defense, security, and intelligence are interconnected mission domains, with customers seeking integrated systems rather than individual products [4][5] - Market Opportunity: The total addressable market (TAM) for Ondas' core segments (Counter-UAS, UAS, UGV) is approximately $117 billion from 2025 to 2030, with significant growth driven by defense and security priorities globally [26][27] Financial Performance - Q4 2025 Revenue Expectation: Projected between $27-$29 million, representing a 51% increase from earlier targets and a near six-fold increase from Q4 2024 [13] - Full Year 2025 Revenue Expectation: Anticipated between $47.6-$49.6 million, a 23% increase from prior targets and also a near six-fold increase from fiscal 2024 [14] - Backlog: Estimated backlog of over $65 million, nearly triple the level at the end of Q3 2025, indicating strong demand and customer engagement [15] - Liquidity Position: Pro forma cash at year-end was over $1.5 billion, bolstered by a recent $1 billion equity offering, providing a strong foundation for growth [15][18] Strategic Growth Initiatives - Growth Strategy: Focus on disciplined investment and acquisition to enhance platform depth and scale, with a target revenue of $170-$180 million for 2026, reflecting a 3.5 times increase from 2025 [16][17] - Investment in Technology: Emphasis on building a robust operating platform to support scaled deployments and multi-domain operations [16][19] - Acquisition Strategy: A robust pipeline for strategic investments aimed at expanding capabilities and enhancing the overall platform [17][23] Product and Technology Development - Integrated Systems Approach: Ondas is integrating multi-domain technologies into a scalable system-of-systems architecture, enhancing mission effectiveness and driving recurring growth [24][25] - Counter-UAS Capabilities: Development of a complete counter-drone architecture that includes detection, identification, tracking, and mitigation, designed for continuous operations in complex environments [31][34] - UAS Portfolio: Focus on flexibility and resilience, with platforms supporting ISR, assault, and other mission profiles, including the Optimus system for persistent availability [35][36] - UGV Portfolio: A broad range of unmanned ground vehicles designed for tactical, frontline, and infrastructure-level operations, addressing urgent needs in combat and public safety [38][39] Market Demand and Customer Engagement - Active Programs: Engagement in high-priority programs across defense, homeland security, and critical infrastructure, particularly in counter-UAS and autonomous UAS initiatives [62] - Customer Relationships: Strengthened relationships with long-cycle markets and significant growth in backlog and customer pipeline, providing visibility on future growth [14][15] Conclusion - Positioning for Growth: Ondas is positioned as a high-growth leader in the unmanned and autonomous systems market, with a strong balance sheet and a clear strategy to leverage market opportunities in defense and security [12][12][17]