Ondas Holdings Inc. (ONDS) experienced a significant after-hours surge, with its stock price rising 5.25%.

The sharp increase follows the company's announcement that its subsidiary, Sentrycs, has secured multiple multimillion-dollar contracts from federal, state, and local agencies. These contracts are for the deployment of counter-drone systems to ensure airspace security during the 2026 FIFA World Cup across North America.

The technology will be deployed at most match venues, including stadiums and surrounding event areas in 16 host cities, to detect, track, and mitigate unauthorized drone activity. This significant contract win represents a major business development for Ondas and is seen as a positive driver for future revenue.