Movement Alert｜Ondas Holdings Rises 5.2% in Regular Trading, May Orders Exceeding $30 Million Continue to Fuel Defense Business Momentum

Market Focus06-02

On June 2, Ondas Holdings rose 5.2% in regular trading, trading at $13.825/share, with trading volume of $946 million, extending its recent rally.

On the news front, the company announced it received more than $30 million in new orders in May across its defense, security, and autonomous technology platform, bringing Q2-to-date orders to over $110 million, signaling continued acceleration in defense business commercialization.

The order surge follows Ondas Holdings' recent completion of its approximately $196.6 million acquisition of Omnisys, which filled the critical command-and-control software layer in its defense portfolio. The combined entity now offers a complete national defense ecosystem spanning stratospheric balloons, aerial drones, ground robots, and the Omnisys software brain. Additionally, Q1 revenue surged to $50.12 million representing a 10x year-over-year increase, with full-year revenue guidance set at $390 million, reinforcing market confidence in the company's defense integration and order pipeline outlook.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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