No Expected Material Impact on Revenue, Adjusted EBITDA, or Cash Flows
Expects Q2 2024 Revenue of $17.5 Million, a Sequential 13% Increase
Read MoreCompany provides nearly 80% statewide comprehensive insurance coverage in Utah under contract with providers such as Medicare, Select Health, Medicaid, and Blue Cross Blue Shield
Reimbursement from insurance payors increased 163.7% sequentially and is expected to increase as a percentage of total revenue going forward
Reimbursements from insurance payors totaled $126,325 in first half of 2024 as compared to $0 during the first half of 2023
Read MoreOndas secures initial purchase orders for Iron Drone Raider from a global defense company and a major military customer
Major military customer places additional purchase order to expand the initial Iron Drone program, as announced earlier today
American Robotics secures key contract with United States Coast Guard for maritime emissions monitoring to support EPA Clean Ports initiatives
Iron Drone Raider is emerging as a best-in-class 'hard kill' counter drone solution addressing the urgent need for protection from hostile drones
Ondas Networks' distribution partner secures initial purchase order for deployment on 900 MHZ from transit operator in Southwest
Conference Call Scheduled for Today at 8:30 a.m. ET
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