HRS - Ondas Networks Files For U.S. IPO
Quick Take
Ondas Networks (OTCQB:ONDS) has filed to raise gross proceeds of $46 million from a U.S. IPO, according to an S-1 registration statement.
The firm provides wireless radio technologies for mission-critical IoT (Internet of Things) and other wireless applications.
ONDS seeks to provide the software-defined wireless market with a more cost-effective system.
Company & Technology
Sunnyvale, California-based Ondas Networks was founded in 2006 to provide wireless data radio technologies for IoT applications in the electric utilities, oil & gas, water, rail, transportation as well as government industries.
Management is headed by