Ondas Holdings (ONDS) Stock News

Ondas Holdings (NASDAQ:ONDS) announced that its subsidiary American Robotics has entered into a Letter of Intent for a strategic partnership with Detroit Manufacturing Systems (DMS) to support U.S.-based manufacturing of autonomous drone platforms. The manufacturing will take place at DMS's Kinetyc facility in Wixom, Michigan.

The partnership aims to scale production and enhance delivery capabilities of FAA Type Certified autonomous drone platforms with improved speed, cost efficiency, and resiliency. This aligns with President Trump's recent Executive Order on American Drone Dominance, focusing on strengthening domestic drone manufacturing and industrial revitalization.

The collaboration positions American Robotics to meet increasing demand from defense, homeland security, and critical infrastructure markets while ensuring compliance with National Defense Authorization Act (NDAA) and Buy American standards.

Ondas Holdings (NASDAQ:ONDS) has formed a strategic partnership with Mistral Inc. to accelerate sales of autonomous drone platforms in U.S. defense and homeland security markets. The three-year agreement focuses on marketing and integrating the Optimus drone system and Iron Drone Raider through Mistral's established government network.

Mistral will leverage its 35+ years of experience to facilitate sales to federal, state, local law enforcement, military, and homeland security entities. The partnership operates on a success fee model based on realized sales. The Optimus System provides 24/7 autonomous aerial operations, while the Iron Drone Raider offers AI-powered counter-UAS capabilities with zero collateral damage.

Ondas Holdings (NASDAQ:ONDS) announced a virtual Investor Day scheduled for July 9, 2025, focusing on its Ondas Autonomous Systems (OAS) business unit. The event will feature presentations from senior leadership detailing OAS's updated business strategy, including its American Robotics and Airobotics subsidiaries. Management will discuss the market opportunity, competitive landscape, and product roadmap for the Optimus System and Iron Drone Raider. OAS has secured a significant order backlog of $28.7 million and projects at least $20 million in revenue for 2025. The presentation will highlight the company's autonomous drone platforms' applications in defense, security, and critical infrastructure markets. The event will include insights into Ondas' strategic growth plans, resource allocation, and team alignment, followed by a live Q&A session.

American Robotics, a subsidiary of Ondas Holdings (NASDAQ:ONDS), has secured a purchase order from a major U.S. urban public safety organization for its Kestrel system, an advanced drone detection and Counter-UAS solution. The Kestrel system provides comprehensive situational awareness and detect-and-avoid capabilities for airspace security at high-visibility public events. The system offers both active and passive detection configurations for fixed and mobile applications and can integrate with American Robotics' Optimus System for autonomous drone operations. Notably, Kestrel has demonstrated its effectiveness through multiple FAA Beyond Visual Line of Sight (BVLOS) waivers and will be used to enhance security and protect critical airspace during large-scale events.

Ondas Holdings (NASDAQ:ONDS), a provider of private industrial wireless networks and commercial drone solutions, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company's stock maintained a closing bid price of $1.00 or higher for at least 10 consecutive business days, meeting the requirement on June 10, 2025. This achievement resolves the previous bid price deficiency issue, and Ondas is now fully compliant with all Nasdaq continued listing requirements. The company will continue to be listed and traded on The Nasdaq Capital Market.

Ondas Holdings (NASDAQ:ONDS) has successfully closed its public offering, raising approximately $42.8 million in net proceeds. The offering included 27.2 million shares of common stock (including 4.8 million shares from fully exercised overallotment) and pre-funded warrants to purchase 9.6 million shares at $0.0001 per share. The company plans to use the proceeds for general corporate purposes, including capital expenditures and working capital. Oppenheimer & Co. Inc. served as the sole underwriter, with Ladenburg Thalmann & Co. Inc., Lake Street Capital Markets, LLC, and Northland Capital Markets acting as financial advisors. The offering was conducted under a shelf registration statement that became effective on April 25, 2025.

Ondas Holdings announced pricing for its upsized $40.0 million public offering, consisting of 22.4 million shares of common stock and pre-funded warrants for up to 9.6 million shares. The common stock is priced at $1.25 per share, while pre-funded warrants are priced at $1.25 minus $0.0001 exercise price. The warrants are immediately exercisable and expire in three years. Oppenheimer & Co. Inc. serves as the sole underwriter, with a 30-day option to purchase up to 4.8 million additional shares. The offering is expected to close around June 11, 2025. Ondas plans to use the proceeds for general corporate purposes, including capital expenditures and working capital.

Ondas Holdings Inc. (NASDAQ:ONDS) has announced a proposed public offering of common stock and pre-funded warrants. The company plans to grant the underwriter, Oppenheimer & Co. Inc., a 30-day option to purchase additional shares. The offering's proceeds will be used for general corporate purposes, including capital expenditures and working capital. The offering is based on a shelf registration statement (Form S-3, File No. 333-286642) that became effective on April 25, 2025. A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC, detailing the offering terms. The final terms will be disclosed in a final prospectus supplement.

Ondas Holdings (NASDAQ:ONDS) has secured a $14.3 million order for multiple Optimus System drone platforms from a major defense customer, marking its largest single purchase order to date. The Optimus System, developed by Ondas' subsidiary Airobotics Ltd., is an advanced autonomous drone platform designed for military applications, border security, and strategic facility protection. This significant order has increased Ondas' backlog to $28.7 million, up from $10.0 million at the start of 2025. The deal validates the Optimus System's competitive strengths and operational maturity in complex military environments, positioning Ondas for further expansion in global defense and homeland security markets.