Ondas Inc

ONDS

Market cap $5.27B

Ondas' $4.3B opportunity pipeline across over 45 global program submissions signals strong demand and potential multi-year growth in autonomous defense markets.

Ondas reported Q1 revenue of $50.1 million, up 1,079% year-over-year, matching its entire FY2025 revenue base. Pro forma backlog surged to $457 million, while Q2-to-date orders exceeded $110 million, supporting revenue visibility. Gross margin expanded to 49% from 35% a year ago as software-driven revenue increasingly complements hardware sales.

ONDS lands a $4.8M SOUTHCOM contract as World View deploys high-altitude balloons for maritime ISR missions targeting illicit activity.

$4.8 Million Initial 3-Month Contract Award Supports Operational Counter-Narcotics and Illegal, Unreported and Unregulated Fishing Missions Across the Eastern Pacific and Caribbean World View to Provide Stratospheric ISR Support Under SMX-Led Program Following Successful UNITAS 2025 Demonstration with U.S. Naval Forces Southern Command/U.S. 4th Fleet Program Aligns with SOUTHCOM's New Autonomous Warfare Command and Growing Demand for Persistent, Multi-Domain Intelligence Architectures WEST PALM BEACH, FL / ACCESS Newswire / June 2, 2026 / Ondas Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous drone and advanced defense technologies, today announced that its wholly owned subsidiary, World View Enterprises Inc. ("World View"), has been selected by the U.S. Naval Forces Southern Command (SOUTHCOM) U.S. 4th Fleet and SMX, a leader in next-generation cloud C5ISR solutions for defense and intelligence, as the high-altitude balloon provider for an operational Maritime Domain Awareness (MDA) program supporting counter-narcotics and illegal, unreported and unregulated (IUU) fishing missions in the SOUTHCOM area of responsibility (AOR). The initial contract is valued at approximately $4.8 million over a three-month mission period, building on the growing relationship among World View, SMX and U.S. Naval Forces SOUTHCOM U.S. 4th Fleet.

Ondas topped $110M in quarter-to-date orders and added $30M+ in May, as rising backlog and diversified defense programs fuel growth.

Drone stocks erupted higher yesterday after reports surfaced that the Trump administration is considering directing government funding toward domestic drone manufacturers.

New Orders Reflect Growing Demand Across Ondas' Unmanned and Autonomous Systems Portfolio and Demonstrate Continued Execution of the Company's Strategic Growth Plan WEST PALM BEACH, FL / ACCESS Newswire / May 29, 2026 / Ondas Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of advanced autonomous systems and next-generation defense and security technologies, announced today that it has secured over $30 million in new orders during May across its defense, security and autonomous technology platform. The May order momentum brings Ondas' Q2-to-date orders to over $110 million, demonstrating continued execution of the Company's strategic growth plan and accelerating customer demand across its core technology segments.

The Pentagon wants to turbocharge U.S. drone manufacturing. The Trump Administration may fund the expansion of drone companies to build up much-needed supplies.

Expand NASDAQ: ONDS Ondas Today's Change (22.96%) $2.48 Current Price $13.28 Key Data Points Market Cap $5.4B Day's Range $11.22 - $13.78 52wk Range $1.00 - $15.28 Volume 7.2M Avg Vol 74.1M Gross Margin 31.18% Ondas (ONDS +22.96%), providing private wireless, drone, and automated data solutions, closed Thursday at $13.25, up 22.69%. The stock jumped after news broke that the Trump administration is exploring potential funding deals with an array of drone companies.

As drone warfare fundamentally shifts traditional military paradigms, Ondas is positioning itself at the center of the revolution.