On July 30, Ondas Holdings Inc. rose 8.01% in regular trading, trading at $7.3206/share, with turnover of $220 million. The rally was driven by a cluster of recent positive developments across its defense and autonomous technology businesses.

On July 24, RSE Ventures and Ondas co-led a strategic investment in FPF Defense aimed at building a next-generation counter-drone interceptor system. On July 22, the company announced $70 million in new orders received over the prior four weeks, spanning unmanned ground systems, counter-drone systems, border security, ISR technologies, and autonomous precision-strike capabilities, including a $6.9 million counter-drone order from Australia.

Additionally, in early July, Ondas completed the $875.8 million acquisition of Dzyne Technologies, a maker of autonomous defense systems, and formed a new Ondas Sentinel division. The company subsequently raised its full-year revenue guidance to at least $525 million, well above the prior $390 million target and analyst expectations of $395.6 million. The company also secured a collaboration with Lockheed Martin to integrate its Sentrycs counter-drone technology into next-generation defense systems.

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