Ondas Holdings Wins Border Drone Contract, Stock Jumps 6%
Ondas Holdings surged after securing a multi-year government contract to develop autonomous border protection systems. The company beat major defense rivals to become prime contractor for drones, AI software, and launch systems.
The program will deliver 24/7 surveillance and swarm capabilities for rugged border terrain. First purchase orders are slated for January 2026, with Ondas Autonomous Systems leading development.
Investors reacted swiftly, driving shares up 6% on the announcement. The win follows Ondas' recent $219.45 million shelf registration and shareholder approval to double authorized shares.