Stock Track | Ondas Holdings Soars 5.20% in Pre-market on Government Drone Program Contract Win
Stock Track
Dec 03
Ondas Holdings Inc. (ONDS) saw its stock price surge 5.20% in pre-market trading on Wednesday following the announcement of a significant government contract.
The company's Ondas Autonomous Systems unit has been selected as the prime contractor for a multi-year, multi-phase government program to develop and deploy an autonomous border-protection system using thousands of drones. The program includes the development of multipurpose drones, ground launching systems, and advanced software and AI capabilities, integrating multiple defense technologies into a unified system for national border and security applications. The initial purchase order is expected in January 2026.
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