NASDAQ: ONDS

●Ondas
Networks provides mission-critical private wireless connectivity solutions for Industrial Internet of Things (IOT) applications,
enabling secure, reliable, wide-area communications and edge data transport in demanding critical infrastructure environments.

●Ondas
Capital supports our growth strategy through strategic investments, partnerships, and capital formation initiatives intended
to accelerate technology development, expand market access, and enhance long-term value creation across the Ondas platform.

We manage these business units as distinct operating platforms
aligned to complementary end markets and customer requirements. Our approach is designed to combine advanced autonomy, secure communications,
and integrated operating capabilities to help customers improve situational awareness, operational resilience, and safety and security
outcomes in complex, regulated, and often contested environments.

Ondas Autonomous Systems Inc.

Overview

OAS develops, integrates, and operates autonomous systems
and mission solutions focused primarily on defense and security applications, while also serving selected Tier-1 commercial and critical
infrastructure customers. OAS is built around a Systems-of-Systems orientation: we integrate autonomous platforms, sensor payloads, communications,
command-and-control, effectors and operational services into cohesive solutions designed to deliver mission outcomes rather
than standalone products.

OAS’ strategy is guided by a Core +
Strategic Growth Program:

●Core:
scale and expand our primary unmanned and autonomous platform portfolio and operating capabilities in defense, homeland security,
and public safety markets, with a focus on repeatable deployments, sustained performance, and lifecycle support.

●Strategic:
selectively add technologies, partnerships, markets and capabilities that expand addressable missions, improve platform performance,
accelerate go-to-market execution, and strengthen our ability to deliver integrated solutions at scale.

1

OAS’ Pillars and missions

OAS has assembled technology and go-to-market platforms oriented around four priority Pillars:
C-UAS, ISR, UGV and LMS. Based on these pillars, OAS can address a variety of missions: site & critical assets protection,
border protection and support to maneuvering forces.

OAS’ pillars

1.Counter-UAS (CUAS): OAS develops and integrates
solutions designed to detect, track, and defeat small hostile drones threatening critical assets, facilities, borders and operations.
Our CUAS focus emphasizes rapid response, autonomous operations, and scalable deployment concepts appropriate for defense,
homeland security, and public safety end users, as well as high-value critical infrastructure sites.

2.Aerial ISR and Automated Data Collection: OAS
provides autonomous aerial ISR solutions for persistent situational awareness, inspection, monitoring, and security missions in complex
environments including urban areas, sensitive facilities, and remote field operations. Our systems are designed for high-frequency, repeatable
missions with automated data collection workflows and operational reliability suited for mission-critical use cases.

3.Unmanned Ground Vehicles (UGVs) and Ground-Domain Autonomy: OAS
is expanding its integrated autonomy offering to include ground-domain capabilities that complement aerial systems and broaden mission
coverage for defense and security customers. Our UGV efforts are focused on practical operational use cases—such as perimeter support,
remote sensing, demining and ground ISR—implemented as part of an integrated operating architecture.

4.Loitering Munition System (LMS): OAS is expanding its
capabilities into One Way Drones for a variety of missions including ISR defense and strike.

Systems-of-Systems Orientation and Integrated
Delivery

OAS differentiates itself by delivering integrated solutions that combine
platforms and services into an operational system tailored to customer missions. Depending on the deployment, OAS solutions may include:
autonomous aircraft or interceptors, ground robotic assets, sensor payloads, communications links, command-and-control software, data
workflows, training, safety planning, maintenance, and field services.

This integrated approach is designed to support customer adoption by
addressing the full lifecycle—deployment planning, operational readiness, sustainment, and continuous improvement—rather than
limiting delivery to hardware alone. Our objective is to enable customers to operationalize autonomy across multiple mission
domains with a unified operating concept.

Systems-of-Systems Orientation and Integrated
Delivery

Platform Portfolio and Regulatory Leadership

OAS markets and delivers integrated autonomous mission solutions built
on a portfolio of aerial, ground, sensing, and counter-drone technologies assembled across its operating subsidiaries and affiliated platforms.
Our portfolio is designed to enable persistent situational awareness, site protection, and mission execution in complex environments,
with a focus on defense, homeland security, public safety, and selected critical infrastructure end markets. OAS’ Systems-of-Systems
orientation enables customers to deploy these capabilities as a unified operating solution—integrating autonomous platforms, sensors,
communications, command-and-control, and operational services—rather than as standalone products.

Aerial Autonomy Platforms: Optimus and Automated
Drone Operations

Through Airobotics, OAS provides the Optimus System™, a
fully autonomous aerial platform designed for persistent, repeatable missions including ISR, monitoring, inspection, and security operations.
Optimus is intended for operations in complex environments—urban areas, sensitive facilities, and remote field areas—where
autonomous capability, operational reliability, and consistent data capture are critical. The Optimus platform is supported by an integrated
operating concept that can include automated mission planning and execution, payload integration, data workflows, and sustainment services.

2

OAS also benefits from the regulatory and operational leadership established by
American Robotics in automated drone operations. American Robotics received FAA Type Certification for the Optimus 1-EX on September 25,
2023, a milestone intended to support scalable autonomous operations within the U.S. National Airspace System. Type Certification is recognized
as a high standard of airworthiness compliance and is designed to streamline operational approvals for expanded autonomous flight scenarios,
including mission profiles aligned with persistent aerial data capture and security operations.

Counter-UAS and Site Protection: Iron Drone
and CoRF (Sentrycs)

OAS is building a comprehensive counter-UAS (“CUAS”) and
site protection platform that integrates detection, tracking, and defeat/mitigation capabilities across multiple deployment scenarios.

●Iron
Drone Raider™ (Airobotics): OAS markets Iron Drone Raider™, a fully autonomous interceptor drone designed to neutralize
small hostile drones threatening critical assets, facilities, and operations. Iron Drone Raider is designed for rapid response and autonomous
engagement concepts in high-consequence environments, supporting defense, homeland security, and public safety missions.

●CoRF CUAS
(Sentrycs): OAS also integrates CUAS capabilities through Sentrycs’ CoRF platform, which is designed to
counter unauthorized drones through cyber and RF-based techniques. CoRF is intended to provide detection, identification, tracking,
and mitigation capabilities that can be deployed across fixed sites and mobile operations, supporting protection of critical infrastructure,
defense installations, and sensitive facilities. In a Systems-of-Systems framework, CoRF can operate as a core element
of a layered CUAS architecture—integrating with sensors, command-and-control, and response assets such as interceptor solutions.

Together, Iron Drone and CoRF expand OAS’ ability to
deliver CUAS solutions across a spectrum of mission requirements, including persistent site protection, event security, and defense force
protection use cases. Ground-Domain Autonomy and Land Intelligence: 4M Defense, Roboteam, and Apeiro Motion. OAS
is expanding its platform portfolio beyond aerial systems to include ground-domain autonomy, robotic mission execution, and land intelligence
solutions—capabilities that are increasingly relevant to defense and security customers operating in contested environments
and post-conflict stabilization settings.

●4M
Defense: OAS incorporates land intelligence capabilities through 4M Defense, supporting applications related to demining and
clearing land of unexploded ordnance (“UXO”) and other battlefield remnants. These capabilities are designed to provide actionable
land intelligence outputs that improve safety and operational planning for defense forces, civil authorities, and infrastructure operators,
including assessment, prioritization, and management of land clearance activities.

●Roboteam: OAS leverages unmanned
ground vehicle (“UGV”) and tactical ground robotics capabilities through Roboteam. These systems are designed to support
defense and security missions where ground robotics can reduce risk to personnel, extend reach into hazardous environments, and enable
mission execution in constrained or contested terrain. Roboteam’s capabilities can be integrated into broader mission
architectures alongside aerial ISR and CUAS systems.

●Apeiro Motion: OAS
further strengthens its ground autonomy stack through Apeiro Motion, which supports enhanced navigation, mobility, and autonomy
performance for robotic platforms operating in complex environments. These capabilities are intended to improve operational
effectiveness of ground robotic systems, particularly in environments where localization, mobility, and autonomous performance are critical
to mission outcomes.

Strategic Value Creation and Portfolio Integration

Ondas is executing a deliberate strategy to drive revenue synergy and
long-term value creation through the delivery of effective, agile, and integrated defense solutions. Rather than operating as
a collection of independent product companies, OAS aligns the portfolio around the ability to provide cohesive mission systems that combine
sensing, communications, cyber-over-RF technologies, autonomous air and ground platforms, and advanced command-and-control capabilities.
This integration expands solution scope per customer, accelerates deployment cycles, and increases cross-portfolio revenue density, positioning
Ondas as a scalable solutions provider in rapidly evolving defense and homeland security markets.

3

Autonomous systems play a central role in this strategy.
In an environment characterized by mass threats, distributed risks, and rapid operational tempo, autonomy is a force multiplier, enabling
customers to respond at scale while maintaining cost-effectiveness and operational flexibility. Our deployed capabilities across
Counter-UAS, force protection, border security, and critical infrastructure protection provide operational credibility today, while serving
as a foundation for broader system-level integration.

This integration is enabled by our Autonomy Core and scalable Sensor-to-Effector
framework, an architectural foundation that connects detection, decision, and response into a unified operational layer. The Autonomy
Core functions as an enabling infrastructure, allowing standalone technologies to operate as interoperable systems and unlocking
higher-value mission configurations. Through disciplined M&A guided by technological complementarity and architectural fit, OAS strengthens
this core with each portfolio addition. OAS expands the value proposition into loitering munitions, reinforcing our Sensor-to-Effector
capability and deepening our ability to deliver integrated operational solutions across multiple domains.

Looking ahead, OAS evolves toward next-generation deployment models
that emphasize higher-volume scalability and production efficiency, aligned with the growing demand for cost-effective, rapidly deployable
defense systems. By integrating complementary technologies, leveraging cross-group sales channels, and aligning product roadmaps
under a common architectural vision, Ondas is positioned to translate technological integration into operational advantage, and operational
advantage into sustained revenue growth, improved capital efficiency, and long-term value.

Customers and End Markets

Ondas is strategically positioned to capture value within the rapidly
expanding tactical unmanned sectors, specifically targeting the high-growth Counter-UAS (C-UAS) and Unmanned Ground Vehicle (UGV) markets.
The C-UAS market represents a financial opportunity for us, with North American spending projected to reach $6.8 billion by
2028 and European spending accelerating at a remarkable 41.8% compound annual growth rate. To maximize this opportunity, our geographic
focus is decisively anchored in Tier 1 countries—specifically North America, the UK, Germany, Poland, India, Japan, the UAE, and
Singapore—whose respective regions aggregate to over $5.5 billion in combined C-UAS and UGV spending for 2025 alone. 

Within these priority countries, we are targeting the most critical
and well-funded domains, such as military base protection, mobile air defense, disaster recovery, regional patrolling, and the safeguarding
of civilian critical national infrastructure. By delivering AI-driven decision layers and resilient connectivity, our C-UAS strategy
directly answers the urgent market demand for networked, multi-layered defenses capable of neutralizing autonomous drone swarms. 

Parallel to our airspace initiatives, the global UGV market offers
a highly lucrative serviceable footprint that reached approximately $2.48 billion in 2024 and is expanding at a 6.3% compound
annual growth rate. We are targeting these Tier 1 UGV markets, leveraging massive investments like the U.S. defense budget
surging to nearly $748 million for small unmanned systems in FY2026, and European UGV spending projected to reach nearly
$910 million by 2028. 

Across these key nations, our UGV efforts are focused on the vital
domains of autonomous battlefield logistics, tactical reconnaissance, disaster recovery, regional patrolling, and force protection,
which are heavily prioritized to keep personnel out of harm’s way. By concentrating our software-defined, connectivity-first
solutions squarely on these Tier 1 defense and homeland security markets, Ondas is perfectly aligned to capitalize on the largest, most
urgent budgets in the global modern aerospace landscape. 

OAS

OAS primarily targets defense, homeland security, and public safety
customers, while also serving select commercial operators of critical infrastructure and high-value industrial and technology facilities.
Target end markets include defense organizations, security agencies, public safety organizations, airports, ports, energy and industrial
operators, and other entities requiring persistent situational awareness, site protection, and rapid response capabilities in complex
environments.

4

Ondas Networks Inc.

Overview

Ondas Networks provides mission-critical wireless connectivity
solutions to users relying on private networks, enabling Industrial Internet applications and services, which we refer
to as the Mission-Critical Internet of Things (“MC-IoT”). MC-IoT applications typically operate at the edge of large
industrial networks and require secure, reliable, real-time connectivity for operational systems that must function in challenging environments
where downtime, latency, or compromised communications can create safety and security risks.

These requirements are present across major critical infrastructure
markets, including rail, electric utilities, oil and gas, public safety, government, and other industrial applications where operators
must collect, transmit, and act on data quickly and reliably over wide geographic areas using secure network infrastructure.

Standards Leadership and Technology Foundation

Ondas Networks’ intellectual property has been adopted by the
Institute of Electrical and Electronics Engineers (“IEEE”) and forms the core of the IEEE 802.16 standard.
Because standards-based communications solutions are often preferred by mission-critical customers and ecosystem partners, Ondas Networks maintains a
leadership role in the evolution and adoption of IEEE 802.16 and related industrial wireless networking frameworks.

Product Platform

Ondas Networks designs, develops, manufactures, sells, and supports FullMAX,
our patented software-defined radio (“SDR”) platform for secure, private, wide-area broadband networks. Customers deploy FullMAX to
upgrade and expand legacy wide-area network infrastructure, enabling significantly increased throughput and supporting modern Internet-Protocol-based
communications for next-generation industrial operating systems and edge applications.

Ondas Networks has historically targeted North American freight rail
operators as an early adoption market for FullMAX. The rail sector has operated legacy narrowband systems with limited
data capacity that constrain the deployment of modern train control, safety systems, and operational intelligence applications. Industry
organizations, including the Association of American Railroads (“AAR”) and related industry bodies, have adopted IEEE 802.16
as a standards foundation for future private wireless networks.

Market Drivers

We believe industrial and critical infrastructure markets are at an
inflection point as legacy analog and serial communications protocols increasingly fail to meet modern requirements for security,
bandwidth, and real-time operational decision-making. FullMAX is intended to serve as an upgrade pathway that improves network
performance and security while enabling the adoption of more data-intensive, software-driven operational systems across wide
field areas.

Ondas Capital Inc.

Overview

Ondas Capital is the Company’s strategic investment and partnership
platform. Ondas Capital is intended to support Ondas’ long-term value creation by identifying, evaluating, and advancing opportunities
that strengthen our operating businesses—particularly OAS—through targeted investments, strategic partnerships, and other
capital formation initiatives.

5

Role Within the Ondas Platform

Ondas Capital’s activities are designed
to complement our operating businesses by helping to:

●accelerate
access to technologies and capabilities that expand or enhance our product and mission solutions;

●support go-to-market execution through partnerships, distribution, and ecosystem
development;

●deepen relationships across defense, security, and industrial customer communities;

●pursue opportunities that may broaden Ondas’ addressable markets or
improve the scalability and resilience of our operating platform; and

●generate attractive risk-adjusted returns on invested capital through disciplined
underwriting and active portfolio stewardship.

Ondas Capital may pursue a range of strategic initiatives consistent
with these objectives, including minority investments, structured partnerships, and other strategic arrangements intended to support
the execution of our growth programs and enhance the overall Ondas platform.

Our Strategy

Our goal is to build a differentiated defense, security, and critical
infrastructure technology platform by combining: (i) AI-enabled autonomous mission solutions through Ondas Autonomous Systems (“OAS”),
(ii) secure, mission-critical private wireless connectivity through Ondas Networks, and (iii) disciplined strategic investing and partnerships
through Ondas Capital to accelerate market access, capability expansion, and long-term value creation.

The key elements of our strategy include the following:

Ondas Autonomous Systems (OAS): Core + Strategic
Growth Program

●Drive program capture and expand existing customer programs across defense
and security priority missions. We intend to continue converting customer engagements into scaled programs and expanding deployments
with existing customers by emphasizing operational outcomes, repeatability, and lifecycle support. Our focus is on program execution in
core mission areas including counter-UAS (“CUAS”), aerial and ground ISR, and autonomous site protection for defense, homeland
security, public safety, and other high-consequence government and critical infrastructure customers.

●Scale an integrated “Systems-of-Systems” offering that unifies
platforms, sensing, C2, and field services. We intend to differentiate OAS by delivering integrated solutions—combining
autonomous aerial systems, CUAS capabilities, and ground-domain autonomy with mission planning, deployment support, training, maintenance,
and sustainment—designed to reduce customer integration burden and accelerate time-to-value. This strategy is intended to support
repeatable deployments across multiple sites and customers.

●Extend and scale our Strategic Growth program through targeted strategic
acquisitions and integration of complementary capabilities. We intend to build on our successful efforts to expand OAS’
technology and go-to-market platform through strategic acquisitions, partnerships, and integration of complementary capabilities—across
CUAS, autonomy, land intelligence, and robotics—to strengthen mission performance, broaden mission coverage, expand addressable
customer requirements, and enhance competitiveness. We expect this approach to support larger opportunity pursuits, accelerate adoption
with priority customers, and enable multi-domain deployments over time.

●Execute Project Hive to develop an AI-enabled autonomous loitering munitions infrastructure
for border and sensitive site protection. We intend to pursue Project Hive, a development and go-to-market initiative
focused on an integrated system of AI-enabled autonomous loitering munitions infrastructure designed to protect borders and sensitive
government locations. Project Hive is intended to align OAS’ Systems-of-Systems approach—integrating sensing, autonomy, mission
management, and operational workflows—into a scalable architecture for high-priority defense and security missions.

6

Ondas Networks: North American Rail Network Adoption

●Drive adoption of FullMAX across multiple private wireless networks
in the North American rail market. We intend to focus our commercial execution on enabling expanded deployment of mission-critical
private wireless networks for Class I rail operators and industry stakeholders as they upgrade legacy communications infrastructure. Our
strategy emphasizes standards-based solutions, ecosystem partnerships, and field-proven performance to support multi-network adoption
and broaden the set of operational applications enabled by increased bandwidth and secure connectivity.

Ondas Capital: Ukraine-to-US/EU Scaling Strategy

●Identify battle-proven defense and security technologies and invest
to open and scale U.S. and EU markets. We intend to advance a Ukraine-focused strategy centered on sourcing technologies validated in
active operational environments and supporting their expansion through targeted investments, partnerships, and market-entry initiatives.
This strategy is designed to accelerate commercialization with allied customers by pairing proven capabilities with Ondas’ operating
platform, industrial partnerships, and go-to-market execution resources in the United States and Europe.

Our Business Model

OAS

OAS markets aerial solutions based on its Optimus System™ and
Iron Drone Raider™ platforms via direct sales to enterprises and government customers. Additionally, OAS utilizes channel
marketing strategies, building a network of partners and agents to distribute our solutions. We focus on identifying and qualifying
large, sophisticated customers with active drone programs who have the ability and intent to expand those programs and eventually deploy
fleets of automated drones across their portfolio of assets. Our unique value proposition is based on our core strategic capability to
provide holistic solutions, being a trusted one-stop-shop for major entities, and de-risking innovative complex drone implementation processes.

After initial customer qualification, contracting and the
receipt of a purchase order, we ship and install our platforms and solutions on the customer premises. Via American Robotics and Airobotics staff,
we are planning for deployments and providing customers with complete support for all stages of implementation. Our field service personnel remain on
location for a short period of time to ensure the programmed automated drone operations are meeting customer and regulatory
requirements and implemented successfully on-prem, on-time and on-budget.

We offer our solutions in several business models designated to
allow the required flexibility and benefits for our customers and creating recurring revenues and organic growth within our accounts:

●Direct
Sales & Service - Our Optimus System™ and Iron Drone Raider™ platforms can be purchased and be owned
and operated by our end users or resellers via partnerships or joint ventures with third party drone services providers. These
types of agreements typically include arrangements for ongoing services including training and maintenance. System purchases
can be preferred by certain public safety and homeland security customers directly or via distribution through value-added resellers
and partners.

●Drone
Infrastructure and Data-as-a-Service (DaaS) – This model is the typical agreement we have with our customers. Our Optimus
System™ based solutions can be provided under a DaaS agreement where we bundle hardware, software, operations, and maintenance
into one annual subscription fee. We install the Optimus Systems as a fixed aerial infrastructure on premises or areas serving
one or multiple customers on a flexible consumption business model allowing end users to procure aerial and data services over
the drone network in the area. This model is applicable in two major scenarios:

oOwner/Operator
Model – For example, an agreement with a construction site owner/operator as the central user of the services with additional aerial
data services to subcontractors and tenants of the construction site. The site owner/operator will use the drone infrastructure for progress
remote monitoring and planed-vs-built applications, and in addition will allow more services to the site’s tenants and sub-contractors
such as monitoring and inspection and data collection use cases. In many instances, multiple customers will subscribe for each
unique service.

oJoint-Venture
Model - For example, when entering an urban industrial area and deploying the drone infrastructure in partnership with an established
local governmental or commercial entity and providing data service to the entity and to third party customers in the region creating
recurring revenue by increasing the amount and type of service provided over to drone network.

7

 Ondas Networks

We sell our FullMAX MC-IoT wireless products and services
globally through a direct sales force and value-added sales partners to industrial and critical infrastructure providers including major
rail operators, with growth opportunities in other markets such as commercial and industrial drone operators, electric and gas utilities,
water and wastewater utilities, oil and gas producers and pipeline operators, and for other critical infrastructure applications in areas
such as public safety, homeland security and defense, and transportation. We continue to develop our value-added reseller relationships
for the development of new types of wireless connectivity for the North American Rail market as well as selected global markets in both
Europe and Asia.

In executing our go-to-market strategy, we intend to monetize our software-based
intellectual property and grow revenue and cash flow with embedded FullMAX software sales, Software-as-a-Service (“SaaS”)
arrangements, IP royalties based on Ondas Networks software and through additional services provided to customers and ecosystem
partners. Customers deploy our connectivity and Fog-computing platform in private networks that are designed for lifetimes of 10 –
15 years or even longer. Our FullMAX platform is software-defined and offers customers flexibility to expand capacity and evolve
network utilization. Similarly, our ecosystem partners often integrate our FullMAX software and wireless capability into
their own long-lived equipment and systems which their customers purchase and deploy. As such, we believe our software solutions provide ongoing
revenue opportunities related to both connectivity value and edge computing capability. Customers and ecosystem partners will require
ongoing FullMAX system and security enhancements and for us to design additional features which create opportunities
for additional, recurring revenue and profit streams. Our monetization strategies include:

Systems sales: Our FullMAX deployments are typically
large, mission-critical wide-area networks deployed and privately operated by our industrial and government customers.
These end-to-end system deployments involve sales consisting of both base stations and edge radio end points with embedded FullMAX software
and network management software and tools.

Software and hardware maintenance agreements: Our customers
contract with us for extended software and hardware maintenance which provide them with critical ongoing support for their installed network.
These contracts provide revenue to us in the year following an initial installation. Software maintenance licenses entitle the
customer to ongoing software and security upgrades as well as enabling the provision of additional system features. Similarly,
hardware maintenance programs provide customers with extended equipment warranty terms for an installed network.

These arrangements allow our customers to continue to maintain a modern, flexible and
upgradeable network over a long period of time. These agreements may extend for multiple years given the long average life of the installed
and growing network.

Licensing / Royalties: In certain system deployments, our
ecosystem partners may choose to embed FullMAX software into their own hardware and software platforms providing us with an ongoing per
device multi-year revenue stream. Licensing is an effective way for an ecosystem partner to jumpstart customer activity. Alternatively,
a partner may choose to develop software based on our intellectual property generating royalty revenue.

Other Services: We provide ancillary services directly
related to the sale of our wireless communications products which include wireless network design, systems engineering, radio frequency
planning, software configuration, product training, installation, and onsite support. Furthermore, we also provide engineering and product
development services to ecosystem partners who are interested in integrating their intelligent equipment with our FullMAX SDR
platform and need our expertise to do so.

8

Our Products and Services

Ondas Autonomous Systems (OAS)

OAS provides integrated autonomous mission solutions for defense, homeland
security, public safety, and selected critical infrastructure and industrial customers. Our offerings are designed to deliver turnkey
outcomes—such as site protection, counter-drone defense, persistent aerial and ground ISR, and land intelligence—through
a Systems-of-Systems architecture that integrates autonomous platforms, sensors, communications, command-and-control, AI-enabled autonomy,
and lifecycle services.

OAS’ technology and services portfolio includes capabilities
from Airobotics (Optimus and Iron Drone Raider), Sentrycs (CoRF CUAS), 4M Defense (land intelligence for demining and UXO
clearance), Roboteam (UGVs and tactical ground robotics), and Apeiro Motion (autonomy and mobility software for robotic
platforms). Depending on customer requirements, OAS solutions may be delivered as stand-alone mission systems or as integrated deployments
combining aerial, CUAS, and ground-domain capabilities.

Integrated Solution Domains

OAS organizes its products and services around the following solution
domains:

●Counter-UAS (CUAS) and Site Protection Systems: Integrated solutions
designed to detect, identify, track, and defeat or mitigate unauthorized drones in defense and security environments, including protection
of borders, bases, sensitive facilities, and critical infrastructure.

●Autonomous Aerial ISR and Automated Data Collection: Autonomous
drone infrastructure enabling persistent and repeatable aerial missions for surveillance, inspection, monitoring, mapping, and rapid response,
with integrated data workflows and mission management.

●Ground ISR, Tactical Robotics, and Unmanned Ground Vehicles (UGVs): Ground
robotic systems and enabling autonomy technologies designed to reduce risk to personnel, extend operational reach, and support ISR, route/perimeter
operations, and other mission sets in complex environments.

●Land Intelligence for Demining and UXO Clearance: Land intelligence
capabilities supporting planning, prioritization, and management of demining and UXO clearance operations, producing actionable intelligence
outputs to improve safety and accelerate land restoration.

Product and Technology Portfolio

Airobotics – Optimus System™ (Autonomous Aerial
Infrastructure): The Optimus System™ is a fully autonomous drone platform designed for continuous and multipurpose operations
across security, surveillance, and mission-critical data collection applications. Optimus is marketed as an “aerial drone infrastructure”
solution intended to enable persistent aerial ISR and automated data workflows in complex environments, including urban areas, sensitive
facilities, and remote field operations. The platform is typically deployed as a turnkey system with integrated mission execution, remote
operations, and customer workflow integration.

Airobotics – Iron Drone Raider™ (Autonomous Interceptor
System): The Iron Drone Raider™ is a fully autonomous interceptor drone system designed to neutralize small hostile drones that
pose threats to defense and security operations. The system is intended to support rapid response and autonomous engagement concepts,
including operation in demanding environments and the ability to integrate into broader site protection architectures. Iron Drone Raider
is designed to complement detection and tracking layers by providing an autonomous response capability as part of a multi-layer
CUAS solution.

Sentrycs – CoRF (Cyber/RF Counter-UAS Platform): CoRF is
a CUAS platform designed to detect, identify, track, and mitigate unauthorized drones using cyber and RF-based techniques. CoRF is
intended for deployment across defense, homeland security, and critical infrastructure environments, and can be integrated with other
sensors and command-and-control systems. In a Systems-of-Systems deployment, CoRF can provide a core CUAS layer that supports
both fixed-site protection and mobile operational scenarios and can be paired with response assets such as interceptor systems where required.

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4M Defense – Land Intelligence for Demining and UXO Clearance: 4M
Defense provides land intelligence capabilities supporting missions related to demining and clearing land of unexploded ordnance
(UXO). These capabilities are intended to generate actionable land intelligence outputs that help defense forces, civil authorities, and
infrastructure operators assess contaminated areas, prioritize clearance activities, improve safety, and accelerate land restoration.
4M Defense solutions are designed to support operational planning and execution in post-conflict and high-risk environments where UXO
and battlefield remnants impede recovery and development.

Roboteam – Unmanned Ground Vehicles (UGVs) and Tactical
Robotics: Roboteam contributes unmanned ground vehicle and tactical ground robotics capabilities designed to support defense
and security missions where ground systems can reduce risk to personnel and operate in hazardous, constrained, or contested
environments. These systems can support ISR, remote operations, and mission support tasks and may be deployed independently or as part
of integrated mission solutions that combine aerial ISR and CUAS.

Apeiro Motion – Autonomy and Mobility Software for Robotic
Platforms: Apeiro Motion provides software and enabling technologies intended to enhance autonomous performance for robotic
platforms operating in complex environments. These capabilities can improve mobility, navigation, and mission execution for
ground robotic systems and support deployment in environments where operational robustness and autonomy performance are critical. Apeiro Motion
is intended to strengthen OAS’ integrated autonomy stack and support multi-domain deployments alongside aerial and CUAS solutions.

Services and Lifecycle Support

OAS complements its product portfolio with services designed to enable
successful deployment, integration, and sustainment of mission systems. Depending on the customer and mission, services may include:

●mission planning and solution design for specific sites and operating environments;

●system integration (including sensor, C2, and network integration) and deployment
support;

●training, operational readiness, and safety planning;

●maintenance, spares, and lifecycle sustainment services;

●field services and ongoing operational support; and

●data workflows and analytics integration to support mission outcomes.

OAS’ solutions are intended to reduce customer integration burden
and accelerate time-to-value by providing an integrated operating approach that spans hardware, software, autonomy, and field services.

Ondas Networks

Ondas Networks has
developed a next-generation radio platform specifically to meet the evolving data needs of large industrial and government customers
and markets. These markets are differentiated from consumer markets in that the customers’ assets are dispersed
over very wide and remote geographies with specific challenges to installation, maintenance, and upgrades. These challenges led us
to design a new type of software-based radio platform capable of supporting a long useful life to the network hardware.
Our software defined radio (“SDR”) architecture allows us to customize almost any aspect of the air interface
protocol, the key components of which are patented and have been incorporated into new IEEE wireless standards. The ability to
constantly improve customer networks and hosted software applications with flexible, over-the-air software upgrade helps create
customer loyalty.

Our FullMAX SDR platform is designed
to enable highly secure and reliable industrial-grade connectivity for truly mission-critical applications. An end-to-end FullMAX network
consists of connected wireless base stations, fixed and mobile edge radios and supporting technology all enabled by critical
software developed and owned by Ondas Networks. The Fog-computing capability integrated in our end-to-end FullMAX SDR platform,
primarily through docker container technology, is valued by our customers and ecosystem partners as they seek to leverage the
value of MC-IoT applications for improved safety, efficiency, and profitability. Our IEEE 802.16t compliant equipment is designed
to optimize the performance of unused or underutilized VHF / UHF low frequencies licensed radio spectrum and narrower channels.
We do this through various patented software algorithms including via “spectrum harvesting” techniques which aggregate narrowband
channels to create increased broadband network capacity. Our channel aggregation algorithms include the ability to aggregate hard to utilize,
non-contiguous narrowband channels and are a hallmark feature of a FullMAX broadband system.

10

The Market for Our Products and Services

OAS

The total addressable market (“TAM”)
of OAS is measured at over $100 billion in size according to management estimates and independent third-party research. The
TAM comprises the potential value of Ondas’ Optimus System in the global defense and civil UAV market and in the drone
services market and the addressable market of the Iron-Drone Raider system in the Counter-Unmanned Aircraft Systems (C-UAS) markets. 

Ondas competes in the large drone markets which
was valued by a study by Grand View Research at $83.7 billion in 2025 and forecasted to grow further at a compound annual growth
rate of 14% reaching $160.6 billion by 2030. In addition, Ondas provides drone services including drone data and data analytics
based on multiple various sensors, in addition to maintenance, repair and operational service. According to Fortune Business
Insights, drone market services is valued at $32.1 billion in 2025 and projected to grow to $213.9 billion by
2032. In the US, the FAA anticipates that the growth rate in the commercial drone sector will remain high over the next few
years. This is primarily driven by the regulatory clarity that Part 107 rules continue to provide to industry. This is further
supported by the Operations Over People final rule, published on December 28, 2020, which is the latest incremental step towards further
integration of small drones into the national airspace. Ondas has secured a key position within this market, holding the first FAA Airworthiness
Type Certificate, allowing it to apply to fly its drones in complex populated environments.

In addition to the Optimus System and its related
drone services, Ondas also competes in the C-UAS market providing the Iron-Drone Raider system for counter drone kinetic interception.
The growing C-UAS technology market has been valued at $3.1 billion in a recent study published by Grand View Research in 2025
and is forecasted to grow at a compound annual growth rate of 27.2% to $10.6 billion by 2030. We believe these studies underestimate
the potential market size, because they don’t fully consider the potential effect of security vulnerabilities on the value of the
activities the C-UAS equipment protects and enables, in sensitive locations such as major sporting events, and the protection of industrial
assets such as in the energy and utility sectors. Notably, although the North American C-UAS marketplace is the largest by revenue, twelve
other regions of the world are also active in C-UAS. High-profile events in other countries involving UAS such as the war in Ukraine and
Israel. Recent research and reports from 2024 onwards highlight a significant increase in unauthorized drone activities near airports,
raising concerns about aviation safety and security. According to the US Federal Aviation Administration (FAA) over 100 reports
of drone sightings were received, near airports each month. Between November 2014 and December 2024, there were 18,891 reported drone
sightings, averaging nearly 155 per month. In the first four months of 2024 alone, the FAA recorded 326 drone-related incidents
near aircraft and airports, underscoring the escalating security risks.

Ondas Networks

We have targeted the North American rail operators
for the initial adoption of our FullMAX platform. These rail operators currently operate legacy communications systems utilizing serial-based narrowband wireless technologies for voice
and data communications. These legacy wireless networks
have limited data capacity and are unable to support the adoption of new, intelligent train control and management systems. In addition
to data capacity challenges, rail operators need to reliably cover the vast and often remotely located rail track and related
infrastructure which extends nationwide. The rail operators require a next-generation, robust system with significantly increased data
throughput capacity and flexibility to adopt new applications. We believe a transition to integrated Fog-computing wireless communications
systems will enable the rail operators to drive more intelligence to the edge of their operating environments enabling real time automation
and better operator control of many critical operating systems related to train control, crossing safety, train and track integrity and
drone operations. Network upgrades will support enhanced safety, improved efficiency, and increased profitability of train operations.  

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The North American Rail Network is vast in scale,
consisting of 180,000 miles of track, 30,000 locomotives, and 1.6 million railcars. Within this large footprint there are 250,000
at grade highway crossings, with at least 65,000 of the crossings equipped with electronic systems today, a number which is expected to
increase in the coming years. Applications that improve grade crossing safety are enabled by our FullMax platform. The Class
I railroads currently operate four separate private wireless networks in support of train operations. Those networks are deployed
using spectrum in the 160 MHz, 220 MHz, 450 MHz and 900 MHz bands. We believe a significant portion of the communications
infrastructure has been in operation for more than 20 years and now requires a technological upgrade to support new applications and increased
capacity requirements. Our FullMAX MC-IoT platform offers an excellent migration path for these applications. The Class I Railroads
value the ability of our frequency agnostic SDR architecture to enable a substantial data capacity increase utilizing the railroad’s
existing wireless infrastructure and dedicated FCC licensed radio frequencies, as well as the flexibility to adapt to and take advantage
of future changes in spectrum availability, as well as future business and operational requirements. Based upon management estimates,
we believe the addressable market for the four private North American Railroad networks is approximately $1.3 billion.

Manufacturing, Availability and Dependence
upon Suppliers

Ondas Networks and OAS utilize outsourced
manufacturing partners in the building of product to fulfill customer orders. Utilizing contract manufacturers allows us to
focus on designing, developing and selling our products. Furthermore, outsourced manufacturing allows us to leverage the
economies of scale and expertise of specialized outsourced manufacturers, reduce manufacturing and supply chain risk and
distribution costs.

Ondas Networks designs the printed circuit boards
and enclosures for our radios. The physical manufacturing of FullMAX circuit boards is outsourced to best-in-class industrial
contract manufacturers. The contract manufacturer is responsible for sourcing the majority of components, assembling the components onto
the printed circuit boards and then delivering the final boards to us. Once at our facility, the boards are tested, then placed
into enclosures and programmed with the appropriate software. The radios are then configured according to the requirement of the
network and run through system level tests before being packaged and shipped to the customer. Ondas Networks maintains multiple
contract manufacturers, both domestically and internationally, to ensure competitive pricing and to reduce the risk from a single
manufacturer.

OAS designs the Optimus System™ and the Iron
Drone™ and specifies all components including the raw materials, sub-assemblies, intermediate assemblies, sub-components, parts and
the quantities of each needed to manufacture the end product. These assemblies incorporate a combination of custom-developed components
and COTS components. The building of an Optimus System™ and the Iron Drone™ is outsourced to best-in-class contract manufacturers
for fabrication and assembly. We utilize different contract manufacturers for the Optimus™ drone, the Iron Drone™,
and Airbase™. Once complete, the contract manufacturers deliver the finished products to our facility where software is loaded,
and system-level quality assurance is performed before being packaged and shipped to the customer location for installation. OAS
works with a select group of contract manufacturers and has access to a large number of other comparable contract manufacturers. 

Research & Development

Our ability to develop state-of-the-art and cost-effective
solutions relative to our competitors can only be achieved through our continued research and development efforts.

OAS research and development activities are headed
by Meir Kliner, President of OAS and CEO and Founder of Airobotics who is based in Petah Tikva, Israel. Mr. Kliner has led the development
of the Optimus System™ since 2014 and has expertise that represents a synthesis of years of managerial experience combined with
command of drone product design. Mr. Kliner’s background includes key roles in developing diverse aerial systems, ranging from recreational
to military applications and has founded several businesses, including Light and Strong, a premier manufacturer of composites for aerial
platforms in the drone industry. Mr. Kliner is supported by a development team based in Petah Tikva, Israel.

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Ondas Networks research and development activities
are headed by Menashe Shahar, our Chief Technology Officer, based in our Sunnyvale, California headquarters. Mr. Shahar is a co-founder
of Ondas Networks and has over 30 years of telecommunications system development experience, including the design and implementation of
broadband wireless data systems for top tier system integrators and service providers including WorldCom, Nortel and ADC. Mr. Shahar has
been awarded multiple patents in the data communications industry and has been an active participant in major wireless standardization
activities including IEEE 802.16. In addition to internal research and development efforts, we also engage third party consultants to
assist us in our research and development activities. Mr. Shahar and his team are currently focused on expanding the applications of our
FullMAX technology in all spectrum bands used by rail operators in North America.

Our research and development team works closely
with our customer support team and incorporates feedback from our customers into our product development plans to improve our products
and address emerging market requirements.

Our research and development expenses were approximately $20.9 million
and approximately $12.5 million for the years ended December 31, 2025 and 2024, respectively.

Intellectual Property

We rely primarily on patent, trademark and trade
secret laws to protect our proprietary technologies and intellectual property.

As of this filing, the OAS segment held a total
of 13 issued patents in the U.S., 24 international issued patents, and ten international pending patent applications. The OAS segment’s
patents expire between 2026 and 2042, subject to any patent extensions that may be available for such patents. The OAS segment’s
intellectual property incorporates internally developed software and hardware design incorporating machine and computer vision and was
developed with artificial intelligence and machine learning techniques. This intellectual property is critical to the development of end-to-end
systems which reliably enable the automated operation of drones in real-world environments.

As of this filing, the Ondas Networks segment held
a total of eight issued patents in the U.S., seven international issued patents, eight pending patent applications in the U.S., and four
international pending patent applications. The Ondas Networks segment’s patents expire between 2026 and 2040, subject to any patent
extensions that may be available for such patents. Our intellectual property centers around creating and maintaining robust, private,
highly secure, broadband industrial wireless networks using our FullMAX radio technology for our mission critical customers’ networks.
We view the Ondas Networks segment’s patents as a key strategic advantage as the markets for industrial wireless connectivity grows
and as these industries move to standardized solutions and will enable us to earn licensing fees and/or royalties for the use of our patents.

We have a policy of requiring our officers, employees,
contractors and other service providers and parties with which we do business to enter into confidentiality, non-disclosure (“NDAs”)
and assignment of invention agreements before disclosure of any of our confidential or proprietary information.

Dependence on a Small Number of Customers

Because we have only recently
invested in our customer service and support organization, a small number of customers have accounted for a substantial amount of our
revenue. During the year ended December 31, 2025, two customers accounted for approximately $27.8 million and $5.4 million of our revenue
or approximately 55% and 11%, respectively. During the year ended December 31, 2024, three customers accounted for approximately $3.8
million, $1.9 million, and $745 thousand of our revenue or approximately 52%, 26%, and 10%, respectively. The loss of the 2025 customers
or a decrease in the business conducted with such customers could have a material adverse impact on our business, financial condition
or results of operations.

Competition

OAS

We compete with other drone OEMs providing a variety
of solutions for inspection, security, asset tracking and other applications. We compete on many dimensions with system performance being
differentiated by the level of autonomous operation, ease of use, reliability, safety, and government regulations. Further, leading automated
data solution providers must provide diverse payload capabilities for data collection, along with robust, advanced analytics programs
that are specific for each industry served.

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Ondas Networks

We compete with alternatives to wireless technology,
public cellular data networks and private wireless networking products from other manufacturers. We believe that each of these competing
solutions has core weaknesses when compared to FullMAX, as described below.

Public cellular data networks:

●Public networks are more vulnerable to cyber security attacks
from anywhere in the world including denial of service attacks; private networks can operate independent of the public internet.

●Public networks are more susceptible to prolonged outages
during man-made and natural disasters (e.g. 9/11, Hurricane Sandy, etc.), exactly when utilities and mission critical entities require
the greatest reliability.

●Public networks are typically designed for population coverage
rather than the geographic areas required by critical infrastructure providers, which often include remote locations.

●Public networks are by definition oversubscribed, shared networks
without the necessary prioritization service to support mission critical applications.

●Public networks typically use shared infrastructure including
tower sites and long-haul fiber connections resulting in vulnerabilities at many points.

●Public networks are designed to support high capacity downloading
and streaming applications with limited upload bandwidth available. Industrial networks typically require the reverse traffic flow, often
uploading data from a large number of remote locations.

Other private wireless products:

●Unlicensed Point to Multipoint Wireless (e.g., Wi-Fi) —
This equipment is very inexpensive to purchase but is subject to interference, has many security vulnerabilities, uses a contention-based
protocol and transmits only over short range. Deploying Wi-Fi over wide areas is cost prohibitive.

●Private Licensed Narrowband Wireless Radios — These
networks can provide good coverage and range but are typically too slow and lack sufficient bandwidth to support new applications and
the increased number of data connections required.

Alternate technologies:

●Satellite Technologies — These technologies provide
good coverage, but throughput is limited, and latency is too high to support mission-critical applications for our customers. These technologies
can be very costly as compared to our products and systems.

●Low-Power Wide Area Networks (LP-WANs) — LP-WAN solutions
such as LoRa and NB-IoT are architected with lower power, the purpose of which is to make these typically sensor-based networks lower-cost
solutions. The low powered equipment means these systems have lower throughput and higher latency and are not reliable for mission-critical
applications that require both monitoring and control functions.

Governmental Regulations

Our operations are subject to various federal,
state and local laws and regulations including: (i) authorization from the FCC and other global communications regulators for operation
in various licensed frequency bands; (ii) FAA and other global Civil Aviation Authority regulations and approvals unique to the operation
of commercial or industrial drones; (iii) customers’ licenses from the FCC; (iv) export controls and authorizations from the Department
of State, Directorate of Defense Trade Controls (DDTC) under International Traffic in Arms Regulations (ITAR) for defense articles, or
Department of Commerce, Bureau of Industry and Security (BIS) under the Export Administration Regulations (EAR) for dual use items; (v)
licensing, permitting and inspection requirements applicable to contractors, electricians and engineers; (vi) regulations relating to
worker safety and environmental protection; (vii) permitting and inspection requirements applicable to construction projects; (viii) wage
and hour regulations; (ix) regulations relating to transportation of equipment and materials, including licensing and permitting requirements;
(x) building and electrical codes; and (xi) special bidding, procurement and other requirements on government projects.

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We believe we have the licenses materially required
to conduct our operations, and we are in substantial compliance with applicable regulatory requirements. The operation of our manufactured
products by our customers (network providers and service providers) in the U.S. or in foreign jurisdictions in a manner not in compliance
with local law could result in fines, business disruption, or harm to our reputation. The changes to regulatory and technological requirements
may also alter our product offerings, impacting our market share and business. Failure to comply with applicable regulations could result
in substantial fines or revocation of our operating licenses or could give rise to termination or cancellation rights under our contracts
or disqualify us from future bidding opportunities.

Certain Ondas subsidiaries located in or doing
business in foreign jurisdictions are governed by export controls regulated by third countries for the manufacture, sale or export if
its systems and products. Certain jurisdictions require export licenses or authorizations for defense or dual use articles. Also, subject
to certain exemptions, a license may be required to initiate marketing activities.

Environmental Regulation

Our operations are subject to extensive, and frequently
changing, federal, state and local environmental laws and substantial related regulation by government agencies, including the Environmental
Protection Agency. Among other matters, these regulatory authorities impose requirements that regulate the operation, handling, transportation
and disposal of hazardous materials; protect the health and safety of workers; and require us to obtain and maintain licenses and permits
in connection with our operations. This extensive regulatory framework imposes significant compliance burdens and risks on us. Notwithstanding
these burdens, we believe that we are in material compliance with all federal, state and local environmental laws and regulations governing
our operations.

There has been no material
adverse effect to our Consolidated Financial Statements nor competitive positions as a result of these environmental regulations.

Employees

As of December 31, 2025, we had approximately 459
full time employees and 36 part time employees, including 41 full-time employees allocated to Ondas Inc. and Ondas Networks, eight full-time
employees allocated to Ondas Capital, and 410 full-time employees and 36 part-time employees allocated to the OAS segment. In addition,
we have consulting agreements for manufacturing, supply chain, documentation, engineering, regulatory, IT, and business development support.
Additionally, from time to time, we may hire temporary employees. We also utilize contractors to manufacture components, for certain research
and development and for system deployment functions. None of our employees are covered by a collective bargaining agreement and we are
unaware of any union organizing efforts. We consider our relationship with our employees to be good.

Information about our Executive Officers

The following table sets forth
information on our executive officers as of the filing of this report.

Name

Age

Position

Eric A. Brock

55

Chairman, Chief Executive Officer and President

Neil J. Laird

73

Chief Financial Officer and Treasurer

Patrick Huston

57

Chief Operating Officer, General Counsel, and Secretary

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Eric A. Brock - Chairman of the Board, Chief Executive Officer,
and President

Mr. Brock has been the Chairman and Chief Executive
Officer since 2018 and our President since June 9, 2023. Also, Mr. Brock has served as an officer and director of our subsidiaries since
September 2018, including: Chairman of Ondas Networks Inc. since September 2018; Chairman of the Board and President of Ondas Autonomous
Systems Inc. (“OAS”) since December 2023 and Co-Chief Executive Officer of OAS since August 2024; Chairman of American Robotics,
Inc. since August 2021 and Secretary of American Robotics, Inc. since November 2023; Chairman of Airobotics Ltd. since January 2023; and
Chairman and Chief Executive Officer of Ondas Capital Inc. since September 2025. Mr. Brock served as Secretary and Treasurer of OAS from
December 2023 to December 2025; Chief Executive Officer of American Robotics, Inc. from June 2023 to October 2023; and as Chief Executive
Officer of Ondas Networks Inc. from September 2018 to January 2025. Mr. Brock is an entrepreneur with over 30 years of global banking
and investing experience. He served as a founding Partner and Portfolio Manager with Clough Capital Partners, a Boston-based investment
firm, from 2000 to 2017. Prior to Clough, Mr. Brock was an investment banker at Bear, Stearns & Co. and an accountant at Ernst &
Young, LLP. Mr. Brock holds an MBA from the University of Chicago and a BS from Boston College.

Neil Laird - Chief Financial Officer and Treasurer

Mr. Laird has served as our Chief Financial Officer
and Treasurer since June 22, 2025. Also, Mr. Laird has served as an officer of our subsidiaries since June 2024, including: Treasurer
of OAS since October 2025; Treasurer of Ondas Capital Inc. since September 2025; Interim Chief Financial Officer, Treasurer and Secretary
of Ondas Networks Inc. since June 2024; and Treasurer of American Robotics, Inc. since September 2024. Mr. Laird served as Interim Chief
Financial Officer, Treasurer and Secretary of the Company from June 2024 to June 2025; Secretary of the Company from June 2025 to December
2025; Secretary of OAS from October 2025 to December 2025; and Secretary of Ondas Capital Inc. from September 2025 to December 2025. Mr.
Laird previously served as fractional chief financial officer of NovAccess Global Inc. (“NovAccess”), a publicly traded company
from September 2021 to July 2024; an employee of AM Consulting from May 2021 to June 2025; with several technology and other companies
as a consultant from 2017 to 2021; and as the chief financial officer of Mobileum Inc., a private company providing roaming and other
solutions to the telecommunications industry from June 2011 until November 2016. Prior to that, Mr. Laird served as chief financial officer
of SumTotal Systems, Inc., a provider of enterprise learning management systems, and chief financial officer of ADAC Laboratories, a provider
of nuclear medicine and PET systems, both of which were publicly traded companies. Mr. Laird is an experienced financial executive who
works with companies to provide accounting and finance related services. Mr. Laird has an MA from the University of Cambridge and is qualified
as a UK chartered accountant.

Patrick Huston – Chief Operating Officer,
General Counsel, and Secretary

General Huston, has served as the Company’s
Chief Operating Officer and Secretary since December 16, 2025. General Huston has also served as the Company’s General Counsel since
October 2025. Also, Mr. Huston has served as an officer of our subsidiaries since December 2025, including: as Secretary of OAS, American
Robotics, Inc. and Ondas Capital Inc. since December 2025. In September 2021, General Huston retired from the Pentagon after a 35-year
military career that included service as a Commanding General, Army Ranger, helicopter pilot, and prosecutor, with five combat tours in
Iraq and Afghanistan. He served as General Counsel of the 101st Airborne Division, JSOC, and U.S. Central Command. He was also on the
“Responsible AI Board” in the Pentagon. General Huston is a member of the FBI’s AI Task Force, the American Bar Association’s
AI Task Force, and Ondas Autonomous Systems Inc., a subsidiary of the Company, advisory board. He is a certified director (NACD.DC) with
the National Association of Corporate Directors and holds FAA commercial pilot ratings.

Available Information

Our Internet website is www.ondas.com. Our Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to reports filed or furnished pursuant
to Sections 13(a) and 15(d) of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”) are available, free
of charge, under the Investors tab of our website as soon as reasonably practicable after we electronically file such material with, or
furnish it to, the SEC. Additionally, the SEC maintains a website located at www.sec.gov that contains the information we file or furnish
electronically with the SEC.

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