Ondas holdings reports first quarter 2025 financial results-on track for record year
Q1 revenue of $4.2 million driven by oas growth and global demand for autonomous drone systems over 500% year-over-year revenue growth reflects execution on backlog that has increased to $16.8 m driven by strong order momentum; reaffirms outlook for at least $25 million in revenue for 2025 ended first quarter with over $25 million of cash to support growth plan new orders across europe, the middle east and the united states position oas for global expansion in 2025 dot16 wireless platform gains traction with aar selection for nghe rail communications upgrade; ondas networks now positioned to convert this market validation into commercial adoption conference call scheduled for today at 8:30 a.m. et boston, ma / access newswire / may 15, 2025 / ondas holdings inc. (nasdaq:onds) ("ondas" or the "company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions through its ondas networks and ondas autonomous systems (oas) business units, reported financial and operating results for the first quarter ended march 31, 2025.
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