Expansion of initial purchase order received from a government military customer reflects the urgent need for Ondas' innovative counter-drone system Iron Drone Raider system

Additional volume orders are expected in the second half of 2024 based upon combat success

Companies share joint commitment to leveraging technology for STEM education

Accessible education on cutting-edge science and technology represents critical step toward closing workforce readiness gap

"The Critical Minerals and ZEO Company"

Continued gross margin growth, Revenue of $10.3 million, Adjusted EBITDA¹ of $0.6 million.

Progress in meeting strategic financing objectives including refinancing existing working capital facilities and in negotiations with a US federal agency with regards to financing planned Jamestown, New York lithium-ion battery manufacturing facility

 Anne Milgram DEA Administrator Continues to Hinder Marijuana Research and Drug Development 

Highlights:

• Next Generation Manufacturing Canada (NGen) awards Nano One and Worley Chemetics C$2.8 million in non-dilutive non-repayable funding through the Electric Vehicle Manufacturing Program (EVMP).

• The award supports the joint development of reactors and kiln components for the One-Pot process, Nano One's patented, scalable, and efficient method for producing lithium-ion batteries.

• The NGen award supports cathode active materials production and fosters equipment manufacturing and technology development capabilities in Canada by Nano One and Worley Chemetics.

Binding Agreement Executed for the Large, Effectively Unexplored Cosmo Newbery Gold Project