Movement Alert|Ondas Holdings Inc. Rises 8.68% in Regular Trading, $70 Million in Defense and Autonomous Technology Orders Secured Over Four Weeks

Market Focus07-22 21:50

On July 22, Ondas Holdings Inc. rose 8.68% in regular trading, trading at $8.2413/share, with turnover of $147 million. The stock was driven higher after the company announced it has received $70 million in new orders over the past four weeks across its defense, security, and autonomous technology businesses.

The orders span unmanned ground systems, counter-drone systems, border security, intelligence, surveillance and reconnaissance technologies, and autonomous precision-strike capabilities. They include awards for new systems, expanded programs, and the previously disclosed $6.9 million counter-drone order in Australia. This announcement follows a series of strategic milestones, including the $875.8 million acquisition of Dzyne Technologies, formation of the Ondas Sentinel division, a collaboration with Lockheed Martin on counter-drone technology, and a full-year revenue guidance raise to at least $525 million — well above analyst estimates of approximately $396 million. The cumulative order momentum further validates the company's positioning in the autonomous defense systems market.

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