Our Bond Signs Jerusalem Agreement Covering 10,000 Municipal Workers

Our Bond has converted a successful pilot into a definitive municipal deployment, providing its AI-powered personal security services to approximately 10,000 Jerusalem city employees and advancing its government-to-consumer growth strategy.

Key Investor Takeaways

• Our Bond (NASDAQ:OBAI) signed a definitive agreement with the City of Jerusalem covering approximately 10,000 municipal employees.
• Employee onboarding has already begun following an earlier pilot involving Jerusalem residents and municipal workers.
• The Jerusalem agreement provides another test of Bond’s B2G2C strategy, which uses municipal relationships to reach large groups of end users.
• Bond said it was recognized as a “sole supplier,” removing the requirement for a competitive tender process because of the uniqueness of its services.
• The company plans to pursue additional municipal opportunities, initially targeting international markets where its infrastructure and operations are already established.

Why OBAI Stock Is in Focus

Our Bond (NASDAQ:OBAI) has signed an agreement with the City of Jerusalem to deploy its preventative personal security platform initially across the municipality’s workforce of approximately 10,000 people.

The agreement follows a pilot involving both residents and municipal employees. Bond has begun onboarding workers across departments including social services, administration, driving and security.

The signing also resolves the identity of a previously disclosed citywide agreement with a major international city of more than one million residents that had been secured but not yet formally signed.

For Bond, Jerusalem becomes another large-scale municipal deployment. The company also referenced a separate recently secured city deployment under which a municipality is funding its services for approximately 270,000 residents and its municipal workforce.

Why This Matters for Investors

The Jerusalem agreement may be important less for the initial number of users alone than for what it suggests about Bond’s municipal distribution model.

The company is seeking to use individual city relationships as a route to thousands or potentially hundreds of thousands of users. If that approach can be repeated, municipal agreements could provide a more concentrated customer-acquisition channel than reaching users individually.

Jerusalem also offers a potential expansion pathway. Bond is initially covering approximately 10,000 city employees, while management said it sees room to broaden the arrangement to residents.

Operating leverage will be another consideration. Bond said recent municipal wins are occurring in markets where it already operates, allowing it to add users without significant additional infrastructure investment. The company expects to expand its Personal Security Agent workforce as utilization increases.

Bond estimates that hundreds of millions of municipal employees globally represent an approximately $40 billion addressable market based on its current pricing assumptions. That figure represents the company’s estimate rather than contracted revenue, making further municipal agreements and actual deployments important indicators of how much of that opportunity can be converted into business.

What to Watch Next

The pace of onboarding across Jerusalem’s municipal workforce will be an immediate operational milestone, alongside any expansion of the agreement to city residents.

Investors can also watch for additional municipal contracts in Bond’s existing international markets. Further deployments would provide more evidence on whether the B2G2C strategy can generate repeatable growth while maintaining the operating efficiencies management expects.

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