NOTE 1 – DESCRIPTION OF BUSINESS

Ondas Inc. (together with its subsidiaries, the “Company,” “Ondas,” “we,” “us,” or “our”) is a defense, security and critical infrastructure technology company developing, manufacturing and commercializing autonomous systems, advanced mission technologies and integrated solutions for government and industrial customers.

The Company’s technologies and solutions address mission requirements across aerial security, persistent intelligence, precision strike and autonomous ground systems, supported by capabilities in artificial intelligence, command and control, sensing, secure communications, positioning and navigation, and related mission technologies. The Company’s products and solutions are used in defense, homeland security, public safety, critical infrastructure and other industrial applications and are designed to enhance situational awareness, operational effectiveness, resilience and safety in complex, regulated and contested environments.

The Company conducts its operations through a portfolio of subsidiaries with complementary technologies, products and engineering, manufacturing and operational capabilities. The Company’s strategy is to integrate these capabilities, where appropriate, into broader mission solutions while continuing to deliver individual products and technologies to customers.