Ondas Holdings Inc. (NASDAQ:ONDS) Q3 2022 Earnings Conference Call November 14, 2022 8:30 AM ET
Company Participants
Eric Brock - Chairman & Chief Executive Officer
Derek Reisfield – President & Chief Financial Officer
Stewart Kantor - Founder & President, Ondas Networks
Reese Mozer - Founder & Chief Executive Officer, American Robotics
Conference Call Participants
Tim Horan - Oppenheimer
Carter Mansbach - Forte Capital Group
Mike Latimore - Northland Capital Markets
Operator
Welcome to the Ondas Holdings Incorporated Third Quarter 2022 Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions]
Before we begin, the company would like to remind you that this call may contain forward-looking statements. While these forward-looking statements reflect Ondas' best current judgment, they are subject to risks and uncertainties that could cause actual results to differ materially from those implied by these forward-looking statements. These risk factors are discussed in Ondas' periodic SEC filings and in the earnings press release issued today, which are both available on the company's website. Ondas undertakes no obligation to revise or update any forward-looking statements to reflect future events or circumstances, except as required by law. Please note, this event is being recorded.
I'd now like to turn the presentation over to Eric Brock, Chairman and CEO. Please go ahead.
Eric Brock
Good morning. It's a pleasure to welcome you to our conference call. I'm happy to be joined today by Derek Reisfield, our President and CFO; Stewart Kantor, the Founder and President of Ondas Networks; and Reese Mozer, American Robotics’ Founder and CEO.
Let's begin with some opening remarks before we outline today's agenda. I want to start by emphasizing that business is on track at Ondas. The technology-based leadership positions we have established with customers in the critical infrastructure and services markets we target continues to strengthen. We expect this to create substantial shareholder value and are determined to deliver that value to our investors. This is a theme we will come back to.
As our investors are well aware, we have invested substantial amounts in our technology platforms. If you look at Ondas Networks, American Robotics and now with Airobotics, where we are in the process of acquiring, we have collectively invested well over $250 million in our businesses. This is a substantial sum and quite clearly, our investors have not yet been rewarded for that investment and our hard work. Of course, I believe we will be rewarded and it's my responsibility along with our management team to make sure that we deliver on our plan and earn our just rewards on your behalf.