Ondas (ONDS) Registration Filing summary

Company overview and business model

• Operates through two segments: wireless connectivity (Ondas Networks) and autonomous drone/data solutions (OAS, including Airobotics and American Robotics).

• Provides mission-critical wireless networking for industrial IoT and automated drone-based data collection and security for critical infrastructure, government, and commercial clients.

• Holds key intellectual property adopted as IEEE standards and has achieved FAA Type Certification for autonomous drones, enabling advanced operations.

• Serves markets such as rail, energy, mining, public safety, defense, and smart cities, with a global operational footprint.

Financial performance and metrics

• As of April 15, 2025, market value held by non-affiliates was approximately $109 million, based on 132,029,420 shares and a share price of $0.8742.

• Common stock is traded on NASDAQ under the symbol ONDS; last reported sale price on April 17, 2025, was $0.8879.

Use of proceeds and capital allocation

• Net proceeds will be used for general corporate purposes, including capital expenditures, debt repayment, business expansion, acquisitions, and working capital.

• Pending use, proceeds may be invested in short-term, interest-bearing instruments or investment-grade securities.