Ondas Holding and Subsidiary American Robotics, Announces Plans for a New Joint Headquarters in Waltham, Massachusetts | Your Money
Waltham, Massachusetts – (BUSINESS WIRE) – October 27, 2021–
Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of private wireless networks, drones 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 it plans to move its headquarters to a new facility in Waltham, Massachusetts. Ondas Holdings and his subsidiary, American Robotics, will share the plant. American Robotics, previously based in Marlborough, Massachusetts, will maintain its Marlboro office space for flight tests and remote operations. American Robotics will relocate business, operations and R&D functions to the new joint venture in Waverley Oaks Park, Waltham’s leading robotics business and home destination for companies such as Vecna Robotics and Veo Robotics. Ondas Holdings and American Robotics expect to finalize the move to the new space in early 2022.
This press release includes multimedia. See the full edition here: https://www.businesswire.com/news/home/20211027005226/en/
The new 18,000-square-foot facility includes 6,000 square feet of flexible lab space to further develop and expand American Robotics’ Scout System, the world’s first commercial drone with FAA approvals for fully automated flight. This new office, combined with Ondas Networks’ office in Sunnyvale, California, provides Ondas Holdings and its subsidiaries with unique access to talent and ecosystem partners in two highly regarded technology centers.
“The opening of our new headquarters in Waltham will be an important step for the future of American Robotics,” said Reese Moser, CEO and co-founder of American Robotics. “The proximity of the new location to Boston will allow our team to continue to hire the best minds in robotics and business. We look forward to expanding our team and business at Waltham. ”
The new office space will have up to 100 employees, which will allow American Robotics to continue its efforts for huge growth, having already increased its full-time employees by 200 percent from January 2021. The number of American Robotics employees is expected to grow at similar rates for the rest of 2021 and 2022.
“We are excited to create this new office space for American Robotics and the holding company,” said Eric Brock, CEO of Ondas. “The relationship with talent and the ecosystem is critical to Ondas’ success and growth plans, and adding Waltham’s location to our Silicon Valley beach offers significant benefits for scaling both Ondas Networks and American Robotics. We are in a good position to perform for our clients. ”
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 the developer of its own software-based wireless broadband technology for large established and emerging industrial markets. Ondas Networks’ standards-based (802.16s), multi-patented, software-defined FullMAX radio platform enables mission-critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today’s legacy private licensed wireless networks. Ondas Networks’ end customers include railways, utilities, oil and gas, transportation, aviation (including drone operators) and government organizations whose requirements cover a wide range of critical applications. American Robotics designs, develops and markets solutions for industrial drones for a healthy environment in the real world. AR’s Scout System е is a highly automated, AI-powered drone system capable of continuous, remote operation and is marketed as a turnkey data service solution “drone-in-a-box” within the Robot-in-a-box. as-a-Service (RAAS) business model. Scout System ™ is the first drone system approved by the FAA for Automated Out-of-Visibility Work (BVLOS) without a human operator on site. Ondas Networks and American Robotics together provide customers in rail, agriculture, utilities and critical infrastructure markets with improved connectivity and data collection capabilities.
For more information on Ondas Networks and Ondas Holdings, visit www.ondas.com or follow Ondas Networks on Twitter and LinkedIn. For more information on American Robotics, visit www.american-robotics.com or follow American Robotics on Twitter and LinkedIn.
The information on our websites and social media platforms is not incorporated by reference in this publication or in any of our documents to the US Securities and Exchange Commission.
Statements for the future
Statements made in this publication that are not statements of historical or current facts are “statements of the future” within the meaning of the Private Securities Reform Act of 1995. We warn readers that forward-looking statements are forecasts based on of our current expectations regarding future events. These forward-looking statements are not a guarantee of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including the risks discussed under the heading “Risk Factors” discussed under the heading “Point 1A”. Risk Factors ‘in Part I of our most recent annual report on Form 10-K or any updates discussed under the heading’ Point 1A. Risk Factors ”in Part II of our quarterly reports for Form 10-Q and in our other documents to the SEC. We do not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise occurring after that date, unless required by law.
See the source version of businesswire.com:https://www.businesswire.com/news/home/20211027005226/en/
CONTACT: Contact with the media
Stuart Cantor, President and Chief Financial Officer
Ondas Holdings Inc.
888.350.9994 Internal 1009
[email protected] Contact American Robotics
BIGfish Communications for American Robotics
KEYWORD: MASSACHUZES UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: COMMERCIAL BUILDING AND REAL ESTATE TECHNOLOGY MOBILE / WIRELESS CONSTRUCTION AND OWNERSHIP OTHER TECHNOLOGISTS TECHNOLOGISTS
SOURCE: American Robotics, Inc.
Copyright Business Wire 2021.
PUB: 27.10.2021 08:00 h. / DISK: 27.10.2021 08:02 h.
Copyright Business Wire 2021.
Comments are closed.