Carter Mansbach's questions to Ondas Holdings Inc (ONDS) leadership • Q3 2024
Question
Carter Mansbach asked for more color on the recent achievements with Class I railroads, whether the industry follows the first movers, and if 2025 represents the beginning of a 'hockey stick' growth phase for Ondas.
Answer
CEO Eric Brock and Guy Simpson, President of Ondas Networks, agreed that 2025 marks the start of a 'hockey stick' growth trajectory. They confirmed that the railroad industry is highly interconnected and that the recent progress in Chicago is critical because it demonstrates a viable operational and migration plan for the entire network. Guy Simpson added that their long-term work is building the confidence needed for railroads to move forward, and once the first one commits, others are expected to follow.