New York, Feb 17, 2026, 07:15 EST — Premarket trading underway.
- ONDS traded just shy of $9.31 before the U.S. market opened
- Hood River Capital cut its stake to 4.71%, a filing showed, slipping under the 5% threshold.
- After the last session’s sharp move, traders are looking to see if momentum carries forward.
Ondas Inc was quoted around $9.31 ahead of the open Tuesday after Hood River Capital Management disclosed a 4.71% stake in a fresh Schedule 13G amendment.
Shares ended the day at $9.31, a gain of 3.79%. Roughly 56.7 million shares changed hands. U.S. markets had been closed Monday for Presidents’ Day.
The company’s shares reacted after its Airobotics unit clinched a new multi-million-dollar contract from a top European client in a NATO country for the Iron Drone Raider counter-UAS system. CEO Eric Brock pointed to a surge in hostile drone incidents, saying this shift has changed what’s needed to protect airports and urban infrastructure. OAS co-chief executive Oshri Lugassy pushed for “autonomous” and “reusable” solutions. Ondas Inc.
Ondas, in a recent filing, disclosed that its compensation committee signed off on an equity award for Brock: restricted stock units amounting to about 13.5 million shares, which equates to roughly 3% of the company’s current outstanding shares. The stock vests gradually.
The company, in a separate 8-K, disclosed it has filed a prospectus supplement allowing certain stockholders—those linked to an acquisition—to resell up to 528,652 shares. That move could boost available supply, regardless of whether those shares hit the market right away.
Ondas said earlier this month that an executive was quoted about a definitive deal to buy Rotron Aerospace, a UK firm focused on unmanned aerial systems and long-range autonomous platforms.
Ondas pitches both private wireless tech and autonomous systems—air and ground—competing against a swarm of players, from drone-interceptor outfits to radar and electronic-jamming vendors. Bigger U.S. defense tech companies, AeroVironment and Kratos Defense & Security among them, are also in the hunt for unmanned and counter-drone contracts.
Orders don’t always arrive on a steady clip, and civil-infrastructure rollouts tend to crawl, bogged down by regulators, budget cycles, testing. Investors have their eye on filings that bump up the effective float—think stock awards and registered resale shares.
No events are on the investor-relations calendar, so any moves on the tape will hinge on filings or fresh contract news.
Traders are now looking ahead to the company’s upcoming quarterly results, set for March 18 on Investing.com’s earnings calendar.
