Shares of Ondas Holdings Inc (NASDAQ: ONDS) rose 0.81%, or $ 0.07 per share, to close at $ 8.75 on Wednesday. After opening the day at $ 8.60, shares of Ondas ranged between $ 9.05 and $ 8.54. 528,925 shares were traded, down from a 30-day average of 915,253. Activity on Wednesday brought Ondas’ market capitalization to $ 355,317,576.
Regarding Ondas Holdings Inc
Ondas Holdings Inc., through its wholly owned subsidiary Ondas Networks Inc., is a developer of privately licensed wireless data networks for 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’ end customers include utilities, oil and gas, transportation and government organizations, whose requirements cover a wide range of critical applications that require secure communications in large and diverse geographical areas, many of which are in challenging radio frequency environments. Customers use the company’s SDR technology to deploy their own privately licensed broadband wireless networks. The company also offers mission-critical sites the option of a managed network service. Ondas Networks’ SDR technology supports IEEE 802.16s, the new global standard for privately licensed large-scale industrial networks.
Visit The profile of Ondas Holdings Inc For more information.
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