Drone Technology And Market ExpansionThe drone pipeline strengthened with military bookings for the Iron Drone Raider counter-drone system and the Optimus drone-in-a-box platform, as well as rising first responder interest in Optimus.
Military ContractsThe company reported $14.4M of bookings from a military customer to be delivered over the next two quarters, and improved visibility on Class 1 railroad timelines for broad network deployment.
Revenue Growth And Market PotentialONDAS revealed a drone opportunity pipeline of $365M, composed of about half of counter-drone and the other half traditional autonomous drones.