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Post by JHam on Aug 9, 2022 12:15:10 GMT
The outlook is quite ambitious:
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Post by captsmith77 on Aug 9, 2022 13:21:58 GMT
It looks like they are already working with the five rails that was the yearly target.
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Post by captsmith77 on Aug 9, 2022 13:26:45 GMT
I'm wondering if there's anything to the Israeli defense contractor that went with Fullmax, if there is any future interest in Airobotics and what they offer.
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Post by captsmith77 on Oct 11, 2022 7:28:16 GMT
I don't currently own any shares of ONDS, and sold back when it was just under $5 a while back to cut my steep losses, but hope to get back in it for a much smaller amount in the not so distant future. I took a good 60K licking on it, and the wounds are still relatively fresh, but I do believe that there's a future here. I think the problem with the drone side of things was that the hardware was way ahead of the software that will help the customers, and while the software has likely come a long ways since the initial acquisition, you still have regulatory hurdles that we're completely unaware of until we read it in an article where something passes thru. In other words, when the company bought out AR, it was still several years away from any meaningful revenue as between the regulations that still prohibited fleet operations, and a lack of software that potential clients can utilize, the thus targets they threw out were unachievable.
What gets me, is how many irons in the fire the company supposedly has in the works with both businesses but remains silent week after week, other than the odd, if not crypic social media posts.
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Post by JHam on Nov 9, 2022 15:08:15 GMT
Hi all, it's been a while. Been insanely busy. This is huge news for Airobotics and ONDS. Of course the market won't catch on right away, but it is a major step for the company and bodes well for the future: www.prnewswire.com/news-releases/airobotics-deploying-automated-urban-drone-infrastructure-in-the-uae-301672822.htmlAIROBOTICS DEPLOYING AUTOMATED URBAN DRONE INFRASTRUCTURE IN THE UAE Airobotics receives order from UAE government entity for its Optimus Drone System Order represents first fleet deployment of autonomous drones in urban environments Customer plans city-wide deployment of Optimus Urban Drone Infrastructure over several years
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Post by captsmith77 on Nov 15, 2022 17:13:40 GMT
Ondas has gotten away with word games revolving around their expected revenues in the past, but not anymore. It looks that short report was dead on about this company's past. FINS for Q3 were released yesterday, and the numbers were nothing short of abysmal. A grand total of 632K in revenues, with COMBINED businesses. I thought they were going to be bad, but not that horrendous. That's despite all of the supposed rail contracts they have orders for, project revs, the networking business for the naval side of things, supposed ramp up of AR orders, etc. Their expenses are growing, and all they continue to do is spend money they don't have, or have very little of. d1io3yog0oux5.cloudfront.net/_a48ca915f71754af83d7e49b67012369/ondas/news/2022-11-14_Ondas_Holdings_Reports_Third_Quarter_2022_102.pdfCurrently valued at 200M, it wouldn't surprise me if this became a penny stock in the near future, especially if they fail to deliver in the fourth quarter. They're literally pushing things out till next year, and investors are seeing the light as they continue to dump their shares.
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Post by JHam on Nov 17, 2022 12:56:54 GMT
Ondas has gotten away with word games revolving around their expected revenues in the past, but not anymore. It looks that short report was dead on about this company's past. FINS for Q3 were released yesterday, and the numbers were nothing short of abysmal. A grand total of 632K in revenues, with COMBINED businesses. I thought they were going to be bad, but not that horrendous. That's despite all of the supposed rail contracts they have orders for, project revs, the networking business for the naval side of things, supposed ramp up of AR orders, etc. Their expenses are growing, and all they continue to do is spend money they don't have, or have very little of. d1io3yog0oux5.cloudfront.net/_a48ca915f71754af83d7e49b67012369/ondas/news/2022-11-14_Ondas_Holdings_Reports_Third_Quarter_2022_102.pdfCurrently valued at 200M, it wouldn't surprise me if this became a penny stock in the near future, especially if they fail to deliver in the fourth quarter. They're literally pushing things out till next year, and investors are seeing the light as they continue to dump their shares. Yeah it's a shame. I think it is going to be rough for a bit, but I do believe if one has the stones to hold long term that it will eventually make it. I haven't had a chance to read the Q3 ER transcript, but obviously the market didn't like what it heard. I am actually thinking about adding to my position at some point, but want to wait and see where the bottom is. As many have pointed out, they should still be a private company at this point.
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Post by captsmith77 on Feb 20, 2023 3:03:03 GMT
Currently valued at 200M, it wouldn't surprise me if this became a penny stock in the near future, especially if they fail to deliver in the fourth quarter. They're literally pushing things out till next year, and investors are seeing the light as they continue to dump their shares. Now only a few months later, and valuation is now down to 101M. Preliminary results for 22 are revs of 2.1M, with an overall loss 39-40M, which help paint the real picture here rather than the IR presentations and social media feed.
They simply bit off a hell of a lot more than they could chew, and IMO led investors and potential investors into believing that they had so many irons in the fire when it comes to expected revenues for 22 and beyond. Where are the supposed five rail contracts that are supposed to lead to significant second quarter revs, the supposed partnership European/Asian rail contract that was supposed to lead to about as much revenue alone as the entire of 22, the myriad of drone customers supposedly lined up, and of course the best of all.... the first fleet order? Seriously the only thing going for it in the entire year was the acquisition of Airobotics?
Now I've read where some money is coming in with solid sales abroad for what Airobotics offers, but at what cost? They had to shred staff from both drone companies, but are still expected to have an operating loss in 23 that's between 19-24M, meaning operating costs far exceed that total. Remember when management claimed all of 23 would see the rail sector of their business alone pay for itself, but I have a difficult time believing that the entire expected losses for 23 will be from their drone divisions. Hopefully the company is finished spending large sums of money in acquisitions. Based on past projections, I can say for a certainty that the company was a big dreamer, but it didn't take long for reality to set in, as they had to let a lot of their workforce go.
I still see the potential here, but truly do believe that it'll be something you start to see on the FINS, and not in the IR presentations, social media platforms, etc. Solid revenues will have to lead the way here, and all we can do on the outside is watch and see how things progress. Eventually I may return if an opportunity presents itself.
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Post by captsmith77 on Feb 20, 2023 3:06:20 GMT
I like the company's ambitions, but when they simply don't materialize within the projected timelines, it really looks bad to investors and potential investors.
Lets see what 24 brings.
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Post by omstem on Jun 23, 2023 18:21:42 GMT
MA State contract looks very interesting. Should be a good pilot program to showcase the capabilities.
GLTA
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Post by JHam on Aug 1, 2023 1:38:42 GMT
MA State contract looks very interesting. Should be a good pilot program to showcase the capabilities. GLTA ONDS on fire lately. I sold waaay back, but bought back in at $.95. Sold that on the recent after it started to take off a couple weeks ago. Then bought back in at $1.41. Lots happening right now on both the trains and the drones front. They hinted in the last 8K that revenue is gonna double this quarter. That could be the flame that really ignites things. Hope you all are well!
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Post by JHam on Aug 3, 2023 2:08:45 GMT
More good news for ONDS. If/when they get the FAA go-ahead they will own the autonomous drone space, imo. finance.yahoo.com/news/skyfire-ondas-autonomous-systems-partner-123000685.htmlSkyfire and Ondas Autonomous Systems Partner to Bring Drone-in-a-Box Solution to U.S. Public Safety MarketsPartnership combines Skyfire's expertise in delivering aerial data solutions to public safety customers and Ondas' advanced autonomous drone technology
Optimus System will be deployed as urban drone infrastructure supporting public safety and Drone First Responder (DFR) customers
Skyfire has worked with hundreds of police departments across the United States, many of which are looking for automated drone solutions
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Post by JHam on Aug 3, 2023 2:12:53 GMT
Here is what Skyfire does. If ONDS/Optimus become the default drone platform for emergency rescue/policing in the USA then...yeah it would be huge.
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Post by captsmith77 on Aug 14, 2023 17:00:02 GMT
Ondas has gotten away with word games revolving around their expected revenues in the past, but not anymore. It looks that short report was dead on about this company's past. FINS for Q3 were released yesterday, and the numbers were nothing short of abysmal. A grand total of 632K in revenues, with COMBINED businesses. I thought they were going to be bad, but not that horrendous. That's despite all of the supposed rail contracts they have orders for, project revs, the networking business for the naval side of things, supposed ramp up of AR orders, etc. Their expenses are growing, and all they continue to do is spend money they don't have, or have very little of. d1io3yog0oux5.cloudfront.net/_a48ca915f71754af83d7e49b67012369/ondas/news/2022-11-14_Ondas_Holdings_Reports_Third_Quarter_2022_102.pdfCurrently valued at 200M, it wouldn't surprise me if this became a penny stock in the near future, especially if they fail to deliver in the fourth quarter. They're literally pushing things out till next year, and investors are seeing the light as they continue to dump their shares. With second half 2023 foretasted revenues now cut it in half, make that 2024 at the earliest.
Their 1.5M in rail sector revenues for 2nd quarter are a joke, and I would suggest them selling off that sector if it wasn't for the fact that they likely need the tech for their drone networks.
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