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Over 70% of Eligible Jerusalem Municipal Welfare Workers Onboard Bond in First Phase of Citywide Rollout

$OBAIPress releaseOct 19, 2026, 10:00 AM ETRead the release

Our Bond (NASDAQ: OBAI) said more than 70% of eligible Jerusalem municipal welfare workers chose to onboard its security platform in the first phase of the citywide rollout. The workers are the first group under a definitive agreement announced in August 2026 covering roughly 10,000 Jerusalem municipal employees, with additional departments expected to onboard in the coming weeks. Bond was designated a sole supplier following a successful pilot, allowing the city to contract without a competitive tender — and management says the adoption rate is roughly 15x the ~5% voluntary corporate norm.

Key figures

Invested to date
$100 million
Covered employees
approximately 10,000 Jerusalem municipal employees
Countries operating
28
Adoption rate phase1
over 70%
Residents municipality deal
approximately 270,000
Security requests supported
more than 1.25 million

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