---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-043214"
form_type: "8-K"
ticker: "ONDS"
cik: "0001646188"
company_name: "Ondas Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:15:05.836893+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ondas Q1 revenue falls to $0.6M; net loss narrows to $9.9M; secures $2.8M rail order

## Summary
- Revenue $0.6M, down 77% YoY from $2.6M; gross margin negative due to low revenue and cost overruns.
- Net loss narrowed to $9.9M from $14.5M YoY; operating loss improved 28% to $9.1M.
- Ondas Networks secured $2.8M agreement to develop 220 MHz PTC radio for Northeast Corridor railroad.
- Initial system-wide order for 900 MHz wireless network upgrade received from commuter railroad in Southwest.
- Initial Iron-Drone Raider order from major Israeli defense company; additional orders expected in Q2/Q3 2024.

## SEC filing metadata
- accession: 0001213900-24-043214
- form_type: 8-K
- ticker: ONDS
- cik: 0001646188
- company_name: Ondas Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646188/000121390024043214/0001213900-24-043214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646188/000121390024043214/ea0206085-8k_ondas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-043214
- JSON: https://secwatch.observer/filing/0001213900-24-043214.json
- Plain text: https://secwatch.observer/filing/0001213900-24-043214.txt

## Key facts
- Earnings Releases
  Ondas Inc. reported financial results for first quarter ended March 31, 2024.
  - Period: first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 15, 2024, Ondas Holdings Inc. (the "Company"), issued a press release announcing its financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390024043214/0001213900-24-043214-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.