Ondas holdings reports fourth quarter and full year 2023 financial results

Record 2023 revenues of $15.7 million, an increase of 638% over 2022, driven by commercial adoption of the optimus system and record product revenues at ondas networks q4 2023 revenues were $5.0 million, a 10-fold increase over 2022, a result of higher product sales and development revenue continued commercial traction expected in both ondas networks and ondas autonomous systems business units as company scales its world-class technologies company expects to generate significant revenue growth for the full 2024 year conference call scheduled for today at 8:30 a.m. et marlborough, ma / accesswire / april 1, 2024 / ondas holdings inc. (nasdaq:onds) ("ondas" or the "company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, reported financial and operating results for the fourth quarter and the full year ended december 31, 2023.
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