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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
January 23, 2025
Ondas Holdings Inc.
(Exact name of registrant as specified in its charter)
Nevada |
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001-39761 |
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47-2615102 |
(State or other jurisdiction
of incorporation) |
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(Commission File Number) |
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(IRS Employer
Identification No.) |
One Marina Park Drive, Suite 1410, Boston,
MA 02210
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including
area code (888) 350-9994
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
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Trading Symbol |
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Name of each exchange on which registered |
Common Stock par value $0.0001 |
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ONDS |
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The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by checkmark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On January 23, 2025, Ondas
Holdings Inc. (the “Company”) issued a press release announcing that Markus Nottelmann has been appointed as Chief Executive
Officer at Ondas Networks Inc. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: January 23, 2025 |
ONDAS HOLDINGS INC. |
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By: |
/s/ Eric A. Brock |
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Eric A. Brock |
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Chief Executive Officer |
Exhibit 99.1
Markus Nottelmann Appointed Chief Executive
Officer at Ondas Networks
Nottelmann joins at a pivotal time as Ondas
Networks drives adoption of its dot16 wireless connectivity platform
Nottelmann will focus on accelerating Ondas
Networks’ commercial activities with railroad customers and partners, as well as strategic financial matters
SUNNYVALE, CA / January 23, 2025 / Ondas
Holdings Inc. (NASDAQ:ONDS) (“Ondas” or the “Company”), a leading provider of private industrial wireless networks
and commercial drone and automated data solutions, announced today that Markus Nottelmann has been appointed as Chief Executive Officer
at Ondas Networks Inc. (“Ondas Networks”). Mr. Nottelmann, an Ondas Networks board member, has served as a Senior Advisor
at Ondas Holdings since October 2024 where he has primarily focused on advancing commercial development and strategic activity at Ondas
Networks.
Mr. Nottelmann has extensive experience introducing new technologies into railroad markets and an accomplished background as a strategic financial and operating executive. An executive with a wealth of experience, Mr. Nottelmann has held various financial and operating roles including leadership positions with Sperry Rail Service and Acuren Inspections, both subsidiaries of Rockwood Holdings, LP, as well as Furmanite Inc. and DMA S.r.l. Since 2020, Mr. Nottelmann has been applying his broad experience as strategic CFO, leading several companies through strategic assessments, transformations, and acquisitions.
“I am excited to join Ondas Networks as
CEO to advance the business at this promising juncture in the technological evolution of the rail ecosystem,” said Mr. Nottelmann.
“Since October, I’ve worked closely with the talented management teams both at Ondas Networks and Ondas Holdings and have
experienced first-hand the exceptional technology and strategic value that has been created here. As we drive adoption of our dot16 wireless
connectivity platform and deliver for our customers and industry partners, our pipeline of opportunities continues to grow.”
“I am happy to see Markus take the CEO role
at Ondas Networks,” said Eric Brock, Chairman and CEO of Ondas Holdings. “He has demonstrated financial and strategic acumen
and leadership skills and is well placed to drive tangible value at Ondas Networks for customers and investors. His appointment comes
at a critical time as we look to drive adoption of our dot16 wireless connectivity platform and monetize the significant investments we
have made in technology and market development.” |
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|
About Ondas Holdings Inc.
Ondas Holdings Inc. (“Ondas”) is a leading
provider of private wireless data solutions via Ondas Networks Inc. (“Ondas Networks”) and commercial drone solutions through
Ondas Autonomous Systems Inc. via its wholly owned subsidiaries American Robotics, Inc. (“American Robotics” or “AR”)
and Airobotics LTD (“Airobotics”), which we operate as a separate business unit called Ondas Autonomous Systems.
Ondas Networks is a developer of proprietary,
software-based wireless broadband technology for large established and emerging commercial and government 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.
Ondas Autonomous Systems
Inc. (OAS) specializes in designing, developing, and marketing autonomous drone solutions via its two advanced drone platforms: the Optimus
System, the world’s first FAA-certified small UAS (sUAS) for aerial security and data capture, and the Iron Drone Raider, a counter-drone
system designed to combat hostile drones. Both platforms are highly automated, AI-powered, and capable of continuous, remote operation
for critical defense, infrastructure, industrial, and government applications. American Robotics and Airobotics have achieved industry-leading
regulatory milestones, including the first-ever FAA Type Certification for the Optimus System and the first drone system approved by
the FAA for automated beyond-visual-line-of-sight (BVLOS) operations without an on-site human operator.
Ondas Networks,
American Robotics and Airobotics together provide users in defense, homeland security, public safety and other critical industrial and
government security and infrastructure markets with improved connectivity, situational awareness and data collection and information processing
capabilities.
For additional information on Ondas Holdings,
visit www.ondas.com or follow Ondas Holdings on X formerly known as Twitter and LinkedIn. For additional information on Ondas Networks,
visit www.ondasnetworks.com or follow Ondas Networks on X and LinkedIn. For additional information on American Robotics, visit www.american-robotics.com
or follow American Robotics on X and LinkedIn. For additional information on Airobotics, visit www.airoboticsdrones.com or follow Airobotics
on X and LinkedIn. For additional information on Ondas Autonomous Systems, follow us on 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.
Contacts
IR Contact for Ondas Holdings Inc.
888.350.9994
ir@ondas.com
Media Contact for Ondas
Escalate PR
ondas@escalatepr.com
Preston Grimes
Marketing Manager, Ondas Holdings Inc.
preston.grimes@ondas.com
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