Ondas (ONDS) Investor presentation summary

Vision and strategy

• Aims to build next-generation integrated defense and security autonomy, delivering unmanned and connected systems for mission-critical operations globally.

• Focuses on dual-use markets: defense, homeland security, public safety, and critical infrastructure.

• Strategic growth program leverages acquisitions and capital to expand ecosystem and market reach.

• Launched Ondas Capital to deploy $150M for transitioning battle-tested technologies from Ukraine to U.S. and Europe.

• Pursues a unified "systems of systems" architecture integrating ISR, counter-UAS, robotics, and sensing.

Financial performance and outlook

• Achieved record Q3 2025 revenue of $10.1M, with Q4 pre-announced at $27–29M, and backlog rising to $65.3M.

• FY2025 revenue grew 576% YoY; 2026 revenue guidance is $170–180M, representing 260% growth over 2025.

• Raised ~$1.8B in net proceeds since June 2025, supporting multi-year growth plans.

• Targeting 50% gross margins and positive EBITDA at the product-company layer in 2026.

• Long-term goal of $1.5B+ revenue and 30% EBITDA margin by 2030.

Market opportunity and positioning

• Total addressable market (TAM) estimated at ~$117B globally, with a $7.5B serviceable available market (SAM) for 2025–2030.

• C-UAS market projected to reach $10.5B by 2030, growing at a 27.2% CAGR.

• Policy and regulatory tailwinds, including $4B in U.S. federal funding and new FAA rules, are accelerating adoption.

• Expanding global footprint with offices and customers in 30+ countries, serving tier-1 defense and security agencies.

• Ecosystem partnerships with leading defense and technology firms support integration and distribution.