Ondas Holdings Inc. experienced a significant intraday surge of 13.66% on Thursday, continuing the stock's recent upward momentum in the trading session.

The rally is driven by the company's recently completed acquisition of Omnisys for approximately $196.6 million, which fills a critical software gap in battlefield command and control capabilities. This strategic move completes Ondas' defense business portfolio, creating an integrated ecosystem that combines hardware platforms—including stratospheric balloons, aerial drones, and ground robots—with Omnisys's software layer as the "brain." The acquisition has already contributed to strong financial results, with first-quarter revenue surging tenfold year-over-year to $50.12 million and management providing full-year revenue guidance of $390 million.

Additional positive sentiment stems from reports that the Trump administration is pursuing funding deals with U.S. drone companies to increase domestic production and lower costs of these vital weapons. The market's bullish outlook is further supported by analyst coverage maintaining a Buy rating on the stock with a $16 price target.