On June 30, Ondas Holdings rose 8.23% in pre-market trading, trading at $8.68/share, with turnover of $9.43 million.

On the news front, Lockheed Martin recently announced a collaboration with Ondas' counter-drone technology subsidiary Sentrycs. Sentrycs' Cyber-over-RF technology will be integrated into Lockheed Martin's next-generation counter-drone system Sanctum, aiming to protect assets against evolving unmanned aerial threats. Financial terms of the collaboration were not disclosed.

The partnership marks Ondas' formal entry into the supply chain of a top-tier global defense contractor. This follows a series of positive developments, including a $68 million initial military engineering order for heavy ground vehicles delivered through subsidiary INDO Earth Moving, Q2-to-date orders exceeding $110 million, the $125 million definitive agreement to acquire Cyberhawk for autonomous inspection capabilities, and the completed $175 million Mistral merger providing direct prime contractor access to US Army contracts. Combined with Q1 revenue surging over 1,000% year-over-year to $50.1 million and raised full-year guidance to at least $390 million, market expectations for the company's defense business growth continue to strengthen.

(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.)