Ondas holdings reports record preliminary revenues of $15.7 million for 2023 and secures $8.6 million from investor group including charles & potomac capital
Preliminary, unaudited 2023 record revenue from both its drone and industrial wireless networks businesses was a combined $15.7 million, a more than 7-fold increase over 2022; q4 2023 preliminary, unaudited record revenue were $5 million, a 10-fold increase over q4 2022 investor group including charles & potomac capital provides working capital to accelerate growth plan ondas autonomous holdings (oah) established to own ondas' drone businesses marlborough, ma / accesswire / february 26, 2024 / ondas holdings inc. (nasdaq:onds) ("ondas holdings" or the "company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, provided preliminary financial results for the year ended december 31, 2023, which included record revenue of $15.7 million. the company also announced that it has secured investments totaling $8.6 million from an investor group which included charles & potomac capital (c&p), which previously led investments in ondas in 2023.
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