Ondas Networks Signs Letter of Intent to Develop New Radio Platform for the European Rail Market

WALTHAM, MA / ACCESSWIRE / June 23, 2023 / Ondas Holdings Inc. (NASDAQ:ONDS) (“Ondas” or the “Company”), a leading provider of private wireless, drone and automated data solutions through its wholly owned subsidiaries, Ondas Networks Inc. (“Ondas Networks”) and American Robotics, Inc. (“American Robotics” or “AR”), announced today that Ondas Networks signed a letter of intent with a partner to develop a new on-board locomotive radio platform for the European rail market. The new platform will support train equipment for on-board communications, which includes compatibility with the existing wayside base station network.