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

Market Focus
06/02

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.)

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