New York, Feb 25, 2026, 06:54 EST — Premarket
- Ondas shares were down about 0.6% ahead of the open, after a 2.1% rise on Tuesday.
- The stock has been volatile as investors weigh recent defense and policing contracts and a pending acquisition.
- Focus shifts to March results and whether recent orders translate into revenue.
Ondas Inc shares fell about 0.6% to $10.34 in premarket trade on Wednesday, after closing up 2.1% at $10.40 in the prior session. About 68 million shares changed hands on Tuesday. (Investing)
The moves matter because Ondas has become a high-volume name with a market value of roughly $4.5 billion, even as it sits in a corner of the defense-tech market where contract timing can be lumpy and headlines can swing prices. (Ondas Inc.)
There has been no fresh company announcement since Feb. 17, leaving traders to keep circling back to a busy run of February deal updates and what they might mean for the next quarter. (Ondas Inc.)
On Feb. 17, Ondas said its Sentrycs unit delivered and deployed counter-drone systems to a German State Police office and would debut a portable “Scout” product at the Enforce Tac exhibition in Germany. Counter-drone, often called C-UAS (counter-unmanned aircraft systems), covers tools used to detect and stop unauthorized drones; Sentrycs said its approach aims to take control of a drone without jamming. “Our deployment with the German State Police demonstrates the immediate impact of lawful, precise drone mitigation,” Sentrycs CEO Tal Cohen said. (Ondas Inc.)
Earlier in the month, Ondas said it agreed to buy UK-based Rotron Aero, adding what it called long-range “attritable” one-way attack systems, with the deal subject to customary closing conditions and regulatory approvals. “Modern conflicts demand systems that can operate at range,” Eric Brock, Ondas’ chairman and CEO, said in the announcement. (Ondas Inc.)
Ondas also said its Airobotics unit won a strategic contract with a government defense customer in the Asia-Pacific region, with the work expected to roll out in phases and initial deliveries beginning this year. Brock pointed to “accelerating demand” for autonomous defense systems in the region. (Ondas Inc.)
The stock’s latest bounce comes after sharp swings last week, including an 11.9% drop on Feb. 20, when more than 111 million shares traded, according to market data. (Investing)
Options activity has also been heavy, with roughly 145,000 contracts traded on Feb. 24, according to Fintel data, a sign some investors are using derivatives to bet on or hedge the next move. (Fintel)
One overhang is capital structure. Ondas said in January it closed a $1 billion registered direct offering that included common shares, pre-funded warrants and common warrants, and it flagged the possibility of additional proceeds if warrants are exercised. (Ondas Inc.)
Recent filings have been quiet. Ondas’ investor-relations site shows the latest listed SEC filing as a Schedule 13G/A dated Feb. 17. (Ondas Inc.)
Risks cut both ways: earlier this month, Ondas shares slid after JCapital Research published a critical report questioning the company’s business model and financial sustainability, with the note pointing to acquisition strategy and dilution concerns. (Investing)
Next up, investors are looking toward the company’s quarterly and full-year results for the period ended Dec. 31, 2025, which Ondas has said it expects to report in March, along with any update on the Rotron closing and follow-on orders tied to recent defense wins. (Ondas)
