ONDS — Ondas Inc - Common Stock
Session close: $5.73. Regular-session share volume: 39,996,921. Change from previous close: +2.87%.
Key developments
Ondas disclosed a purchase order under its previously awarded Digital Bat program to develop and produce next-generation low-cost tactical attack drones, and it plans to use its pending ARAN Defense acquisition to establish a dedicated, scalable production line targeting a market it believes could reach tens of thousands of systems. It also outlined plans to scale ULTRA aircraft output with a Stemme buyout and new U.S. production facilities to meet ISR demand.
Company news Ondas (ONDS) Received A Tactical Drone Purchase Order · Company news Ondas Receives Purchase Order for Next-Generation Tactical Attack Drones · Company news Ondas Plans U.S. Manufacturing Push to Scale ULTRA Aircraft Output
Ondas carries a very high short interest relative to its float, and options markets price a sizable implied move around its upcoming quarterly report, where consensus expects a large revenue jump alongside a wider loss.
Market context — Mentions ONDS in the article text. Short Interest Powder Kegs: 10 Stocks Bears Cannot Quit Buying · Company mentioned — Mentions ONDS in the article text. Cisco Systems Could Swing $30.8 Billion After Earnings
News sources
Company news Ondas (ONDS) Received A Tactical Drone Purchase Order · Company news Ondas Plans U.S. Manufacturing Push to Scale ULTRA Aircraft Output · Company news Ondas Receives Purchase Order for Next-Generation Tactical Attack Drones