Today, Ondas Holdings Inc Inc’s (NASDAQ: ONDS) stock fell $ 0.28, accounting for a 3.64% decrease. Ondas opened at $ 7.76 before trading between $ 7.79 and $ 7.37 throughout Friday’s session. The activity saw Ondas’s market cap fall to $ 293,931,625 on 181,787 shares -below their 30-day average of 434,105.
About Ondas Holdings Inc.
Ondas Holdings Inc., through its wholly owned subsidiary, Ondas Networks Inc., is a developer of privately licensed wireless data networks for mission-critical industrial markets. The Company designs and manufactures its multi-patented, Software Defined Radio (SDR) platform for Mission Critical IoT (MC- IoT) applications. Ondas Networks’ customer end markets include utilities, oil and gas, transportation, and government entities whose demands span a wide range of mission critical applications that require secure communications over large and diverse geographical areas, many of which are within challenging radio frequency environments. Customers use the Company’s SDR technology to deploy their own private licensed broadband wireless networks. The Company also offers mission-critical entities the option of a managed network service. Ondas Networks’ SDR technology supports IEEE 802.16s, the new worldwide standard for privately licensed wide area industrial networks.
Visit Ondas Holdings Inc’s profile for more information.
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