Ondas stock slips with investors watching drone-defense orders and Lockheed tie-up
Ondas shares plunged 6.7% to $7.96 despite announcing over $40 million in June defense orders and a Lockheed Martin counter-drone partnership, as heavy trading followed news that selling stockholders may offload more than 3.1 million shares, raising risks for investors even as the company boosted its 2026 revenue target to at least $390 million.