Initial order at 160 MHz highlights the opportunity for IEEE 802.16 wireless technology across multiple mission-critical networks for North American Railroads
WALTHAM, MA / ACCESSWIRE / January 18, 2023 / Ondas Holdings Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"), announced today that Ondas Networks has received an order for 160 MHz radios from Siemens Mobility on behalf of a major Class 1 Railroad.
This is Ondas Networks' and Siemens Mobility's first order for radios in the North American 160 MHz railroad radio frequency band. Ondas has previously announced a volume order for radios in the nationwide, greenfield 900 MHz network. The 160 MHz radio band offers additional performance characteristics, including greater data capacity and range in challenging geographic environments for new, advanced rail applications, which extend to the furthest reaches of the network.
"This is another step by the North American Rail industry in the adoption of general-purpose IP based networks and the IEEE 802.16 industrial wireless broadband standard," stated Eric Brock, Chairman and CEO of Ondas. "The ability to utilize higher performance data radios operating in the VHF bands unlocks the potential for connectivity in the most challenging environments. We look forward to working with the Class I railroads on new data applications in the dedicated 160 MHz radio band."
About Ondas Holdings Inc.
Ondas Holdings Inc. ("Ondas") is a leading provider of private wireless data and drone solutions through its wholly owned subsidiaries Ondas Networks Inc. ("Ondas Networks") and American Robotics, Inc. ("American Robotics" or "AR"). Ondas Networks is a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets. Ondas Networks' standards-based (802.16s), multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today's legacy private licensed wireless networks. Ondas Networks' customer end markets include railroads, utilities, oil and gas, transportation, aviation (including drone operators) and government entities whose demands span a wide range of mission critical applications. American Robotics designs, develops, and markets industrial drone solutions for rugged, real-world environments. AR's Scout System is a highly automated, AI-powered drone system capable of continuous, remote operation and is marketed as a "drone-in-a-box" turnkey data solution service under a Robot- as-a-Service (RAAS) business model. The Scout System is the first drone system approved by the FAA for automated operation beyond-visual-line-of-sight (BVLOS) without a human operator on-site. Ondas Networks and American Robotics together provide users in rail, agriculture, utilities and critical infrastructure markets with improved connectivity and data collection capabilities.
For additional information on Ondas Networks and Ondas Holdings, visit www.ondas.com or follow Ondas Networks on Twitter and LinkedIn. For additional information on American Robotics, visit www.american-robotics.com or follow American Robotics on Twitter and LinkedIn.
Information on our websites and social media platforms is not incorporated by reference in this release or in any of our filings with the U.S. Securities and Exchange Commission.
Forward-Looking Statements
Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption"Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.
Company Contact:
Derek Reisfield, President and CFO
Ondas Holdings Inc.
888-350-9994 x1019
ir@ondas.com
Investor Relations Contact:
Cody Cree and Matt Glover
Gateway Group, Inc.
949-574-3860
ONDS@gatewayir.com
SOURCE: Ondas Holdings Inc.
View source version on accesswire.com:
https://www.accesswire.com/735623/Ondas-Networks-Receives-160-MHz-Radio-Order-from-Siemens-Mobility-on-Behalf-of-a-Class-1-Railroad
