Ondas Secures Over $165 Million in New Orders Since Last Order Update

Orders secured since June 30 totaled over $270 million, expanding backlog and, in Ondas' view, strengthening revenue visibility into 2027.

Rhea-AI Summary

Ondas (ONDS) secured more than $165 million in aggregate new orders during the second half of August through October 1.

Combined with approximately $105 million secured earlier in the third quarter and disclosed as of its August 13 investor call, orders secured since June 30 totaled over $270 million. Ondas said these orders expanded its backlog and strengthened revenue visibility into 2027. Order activity spanned multiple geographies and product categories.

ULTRA and IonStrike captured orders and advanced through customer validation milestones. ULTRA remains a U.S. Department of War program-of-record candidate, rather than an established program. Bron also captured an ESAD award for Europe's loitering munitions market. Ondas plans to share further details on ULTRA and IonStrike during the fourth quarter.

3 points · 0 major

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0 major · 1 point

How the balance works

Positive

• Moderate pointOrders secured since June 30 totaled over $270 million, expanding Ondas' backlog. 6.3% of market cap
• Minor pointULTRA and IonStrike captured orders and advanced through customer validation milestones.
• Minor pointBron's ESAD award adds an award in Europe's loitering munitions market.

Negative

• Minor pointULTRA remains a U.S. Department of War program-of-record candidate.

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-4.52% vs previous close $7.08 last price 1.6x rel. volume Open Argus

Details

Market move: ONDS -4.52% vs previous close. Over $270M order update

$7.04 – $7.42 Day Range

$4.12B Market Cap

On Oct 7, the day this news came out, the latest delayed price for ONDS is 4.52% below the previous close. Our momentum scanner has recorded 10 alerts for this stock so far that day. The latest delayed price is $7.08. Relative volume is above average at 1.6x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Orders secured: More than $165 million Earlier third-quarter orders: Approximately $105 million Orders secured since June 30: Over $270 million

Orders secured

More than $165 million

Second half of August through October 1

Earlier third-quarter orders

Approximately $105 million

Disclosed as of the August 13 investor call

Orders secured since June 30

Over $270 million

Combined orders through October 1

Key Terms

program of record, loitering munition, counter-uas, isr

4 terms

program of record regulatory

"a U.S. Department of War program of record candidate"

A program of record is a government-approved, funded acquisition project that has an official schedule, budget and oversight within the procurement system. For investors, it signals a formal, multi-year buying commitment—like an official shopping list and timetable the government has agreed to—which can reduce sales uncertainty, support production planning and make future revenue from that program more predictable.

loitering munition technical

"for the fast-growing loitering munitions market in Europe"

A loitering munition is a weapon that flies like a small drone, waits over an area for a chosen target, and then detonates on impact or after striking — think of it as a flying, guided projectile that can loiter like a scout until the right moment. Investors care because these systems affect defense spending, export rules, and battlefield outcomes; demand, regulation, or combat losses can swiftly change a defense supplier’s revenue and political risk profile.

counter-uas technical

"Counter-UAS, loitering munition systems, ISR, ground robotics"

Counter-UAS (counter-unmanned aircraft systems) are tools and tactics used to detect, track, and disable or divert drones that pose a threat to people, property, or operations. Think of them as a combination of a security camera, alarm system, and net that can find an unwanted flying device and stop it before it causes harm. Investors care because demand, regulation, and deployment of these systems affect revenue, contract opportunities, legal risk, and the valuation of companies that build or use them.

isr technical

"Counter-UAS, loitering munition systems, ISR, ground robotics"

ISR stands for socially responsible investing (from the French phrase Investissement Socialement Responsable) and means choosing stocks, bonds or funds based on environmental, social and governance criteria in addition to financial return. Like picking a brand that matches your values, ISR matters to investors because it helps align portfolios with personal or institutional priorities, can reduce exposure to companies with regulatory or reputational risks, and can influence demand and valuation for firms deemed more sustainable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WEST PALM BEACH, FL / ACCESS Newswire / October 7, 2026 / Ondas Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous systems and advanced defense and security technologies, today announced that it secured more than $165 million in aggregate orders during the second half of August through October 1^st. Combined with approximately $105 million in orders secured earlier in the third quarter and disclosed as of the Company's August 13 investor call, orders secured since June 30 totaled over $270 million, expanding the Company's backlog and strengthening revenue visibility into 2027.

Order activity was broad-based across geographies and product categories, reflecting demand for Ondas' scalable, cost-effective autonomous defense and security technologies. The Company also achieved customer and program validation milestones across its portfolio, including meaningful progress with ULTRA, a U.S. Department of War program of record candidate, and the IonStrike "Shahed Killer" which continues to validate the substantial market opportunity with U.S. defense customers for those platforms. Ondas believes its broad portfolio, expanding manufacturing footprint, engineering capabilities and customer relationships position the Company to address multiple layers of the autonomous defense ecosystem and to pursue cross-selling and integration opportunities.

"The strength and breadth of our order activity demonstrate the increasing demand we are seeing across the Ondas portfolio," said Eric Brock, Chairman and CEO of Ondas. "Importantly, both ULTRA and IonStrike have captured strategically significant orders and are advancing through key customer validation milestones, which we believe can open substantially larger markets. We look forward to sharing more details on ULTRA and IonStrike as we move through the fourth quarter."

"At the same time, the recently announced ESAD award captured by Bron for the fast-growing loitering munitions market in Europe demonstrates the value of adding differentiated technologies that are being designed into next-generation defense platforms. We believe these developments reinforce our strategy of building Ondas into a scaled autonomous defense and security platform capable of delivering integrated, mission-critical technologies across the United States and allied markets," Brock concluded.

The Company believes the convergence of rising global defense spending, operational lessons from current conflicts, and accelerating adoption of autonomous technologies is creating a significant multi-billion-dollar industry wide opportunity across its core defense and security markets. Many of the same technologies also address mission-critical needs in large industrial and commercial markets, supporting Ondas' dual-purpose strategy of developing and scaling autonomous solutions across both defenseand industrial applications. Ondas expects demand to continue growing for scalable, cost-effective and integratedsolutions spanning Counter-UAS, loitering munition systems, ISR, ground robotics, electronic warfare, AI-enabled command-and-control, and critical infrastructure inspection and monitoring.

About Ondas Inc.

Ondas Inc. (NASDAQ:ONDS) is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure, and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms across air, ground, and stratospheric environments, including autonomous drone systems, counter-UAS technologies, robotic ground systems, advanced unmanned aircraft and propulsion solutions, demining and engineering systems, and integrated sensing and communications technologies designed to support intelligence, surveillance, reconnaissance, security, and operational missions in complex environments. Ondas' solutions are deployed globally by government, defense, and commercial customers to protect infrastructure, borders, transportation networks, personnel, and strategic assets.

For additional information on Ondas Inc., visit www.ondas.com.

Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

Contacts

IR Contact for Ondas Inc.
888-657-2377
ir@ondas.com

Media Contact for Ondas Inc.
Escalate PR
ondas@escalatepr.com

Preston Grimes
Marketing Manager, Ondas Inc.
preston.grimes@ondas.com

SOURCE: Ondas Inc.

View the original press release on ACCESS Newswire

FAQ

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How much in new orders did Ondas announce in its October 2026 update?

Ondas secured more than $165 million in aggregate orders during the second half of August through October 1. Together with approximately $105 million secured earlier in the third quarter, orders secured since June 30 totaled over $270 million.