Ondas Holdings Reports Third Quarter 2024 Financial Results: Secures $14.4 Million in Drone Platform Purchase Orders in Q3
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Ondas Holdings reported its Q3 2024 financial results, highlighting $14.4 million in purchase orders for its drone platforms, marking the largest bookings in its history. The orders were primarily from a major military customer for the Iron Drone Raider and Optimus System. Additionally, Ondas secured an order from Metra for a 900 MHz upgrade, facilitated by Siemens.

November 12, 2024 | 12:45 pm
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Ondas Holdings reported record Q3 2024 bookings of $14.4 million, driven by military orders for its Iron Drone Raider and Optimus System. The company also secured a significant order from Metra for a 900 MHz upgrade.
The record $14.4 million in purchase orders, particularly from a major military customer, indicates strong demand for Ondas' drone platforms, likely boosting investor confidence and positively impacting the stock price. The additional order from Metra further supports revenue growth.
CONFIDENCE 95
IMPORTANCE 90
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