Ondas Secures Over $30 Million in New Orders in May, Bringing Q2-to-Date Orders to $110+ Million Across Its Defense, Security and Autonomous Technology Platform
Rhea-AI Summary
Ondas (Nasdaq: ONDS) secured over $30 million in new May 2026 orders, bringing Q2-to-date orders above $110 million across its defense, security and autonomous systems platform.
Ondas reported Q1 2026 revenue of $50.1 million and a proforma backlog of $457 million, supporting its integrated growth strategy in air defense, C‑UAS, ISR, UGVs and robotic systems.
AI-generated analysis. Not financial advice.
Positive
- Over $30 million in new orders booked in May 2026
- Q2 2026 orders-to-date exceed $110 million
- $50.1 million in reported revenue for Q1 2026
- Proforma backlog of $457 million supports future revenue visibility
- Order growth spread across air defense, C-UAS, ISR, loitering and UGV segments
Negative
- None.
News Market Reaction – ONDS
On the day this news was published, ONDS declined 0.23%, reflecting a mild negative market reaction. Argus tracked a trough of -8.8% from its starting point during tracking. Our momentum scanner triggered 57 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $15M from the company's valuation, bringing the market cap to $6.57B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ONDS rose 22.69% while key peers were mixed to down, including EXTR (-2.46%), VIAV (-9.69%), and COMM (-0.38%). Momentum scanner only flagged VSAT with a -6.71% move, underscoring a stock-specific reaction to Ondas’ order news.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 18 | Annual meeting notice | Neutral | -5.9% | Reminder to vote to ensure quorum for the 2026 annual meeting. |
| May 18 | Acquisition announcement | Positive | -8.7% | Deal to acquire Omnisys and add battle-proven mission orchestration software. |
| May 14 | Earnings beat | Positive | +26.5% | Record Q1 2026 results, major backlog growth and higher 2026 revenue guidance. |
| Apr 30 | Earnings date set | Neutral | +5.8% | Announcement of timing and access details for the Q1 2026 results call. |
| Apr 24 | Merger completion | Positive | +0.1% | Completion of Mistral merger, adding large program pipeline and backlog. |
Positive fundamental updates like record earnings and backlog expansions have often coincided with strong price gains, while some acquisition-related news saw selling despite strategic benefits.
Over the last few months, Ondas has reported record Q1 2026 revenue of $50.1 million, expanded its pro forma backlog to $457 million, and raised full-year 2026 revenue guidance. It completed the Mistral merger, adding sizable program backlog, and announced the Omnisys acquisition to bolster mission software. An earnings-date announcement and later a proxy-related notice also shaped the news flow. Today’s large order update extends this theme of rapid growth and platform expansion across defense and autonomous systems.
Regulatory & Risk Context
The company has an effective S-3ASR shelf filed on 2025-09-09 that allows it to offer various securities via prospectus supplements. It has been used frequently, with 10 related prospectus filings, including recent 424B7 supplements enabling resale of Omnisys and Mistral deal shares, from which Ondas receives no proceeds.
Market Pulse Summary
This announcement underscored accelerating demand, with over $30 million in May orders and more than $110 million in Q2-to-date bookings across Ondas’ defense and autonomous systems platform. These orders build on Q1 2026 revenue of $50.1 million and a pro forma backlog of $457 million, reinforcing a scaling growth profile. Investors may watch how quickly backlog converts to revenue, integration of recent acquisitions, and ongoing use of the company’s S-3ASR shelf and resale registrations.
Key Terms
c-uas technical
loitering munition technical
isr technical
autonomous systems technical
mission-critical security technologies technical
AI-generated analysis. Not financial advice.
New Orders Reflect Growing Demand Across Ondas' Unmanned and Autonomous Systems Portfolio and Demonstrate Continued Execution of the Company's Strategic Growth Plan
WEST PALM BEACH, FL / ACCESS Newswire / May 29, 2026 / Ondas Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of advanced autonomous systems and next-generation defense and security technologies, announced today that it has secured over
The May order momentum brings Ondas' Q2-to-date orders to over
"Securing over
Mr. Brock continued, "Governments and critical infrastructure operators are increasingly seeking trusted partners capable of delivering integrated autonomous systems, counter-drone technologies, ISR and robotic mission solutions at scale. We believe Ondas is well positioned to support these evolving requirements through our expanding technology portfolio, operational capabilities and growing global customer relationships."
The recent order momentum demonstrates the impact of Ondas' strategic growth plan as the Company scales multiple technology segments through the integration of engineering resources, operational capabilities, customer access, manufacturing capacity, deployment experience and field support across the Ondas platform. Ondas believes this integrated operating model enables each technology segment to grow faster while supporting larger, more complete mission solutions for defense, homeland security, border security, public safety, critical infrastructure and industrial customers. The Company's approach is to combine specialized technologies into a unified operating platform where each segment benefits from shared engineering, manufacturing, customer access, deployment experience, and operational support.
This structure allows Ondas to support customers with integrated mission solutions rather than standalone products. Air Defense and C-UAS systems can operate alongside ISR assets, while loitering munition, one-way attack, and robotic ground systems support coordinated air and ground operations in complex environments. Together, these capabilities strengthen Ondas' ability to support modern defense, security, border protection, and critical infrastructure missions while reducing risk to personnel and operators.
"Customers are increasingly looking for integrated defense technologies that can operate together across the mission," said Oshri Lugassy, Co-CEO of Ondas Autonomous Systems. "The future is not one drone, one robot or one sensor. It is a connected mission architecture that integrates air defense, counter-UAS, ISR, loitering systems, and autonomous ground operations into a coordinated operational capability. We believe Ondas is increasingly positioned to deliver these multi-domain mission solutions at scale across allied and partner nation defense and security markets."
Ondas expects to continue advancing its strategic growth plan by expanding production capacity, integrating acquired technologies, strengthening customer access, and pursuing larger defense and security programs across the United States, Europe, the Middle East and other allied markets. The Company believes that growing demand for air defense, C-UAS, autonomous ISR, loitering systems, UGVs, robotic defense systems and mission-critical security technologies will continue to support its long-term growth strategy.
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.
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