Ondas Shares Move in Early Trading With Drone Funding Talk and Vote Looming

Ondas Inc. looked ready for more swings before Thursday’s Nasdaq open. The drone and autonomous-systems stock finished up 10.5% at $10.80. An early premarket quote pegged shares at $11.62.

Ondas Stock Faces a $390 Million Test After Drone-Revenue Surge

Ondas Stock Faces a $390 Million Test After Drone-Revenue Surge

Ondas Inc. boosted its full-year revenue forecast to a minimum of $390 million, following a sizable leap in first-quarter sales that pushed the defense-drone company’s shares into the spotlight after Thursday’s rally. The West Palm Beach-based company disclosed in a filing that revenue climbed to $50.1 million, a steep climb from $4.3 million in the same period last year.
Ondas Inc. Closes World View Acquisition, Adds High-Altitude Surveillance as Stock Rises

Ondas Inc. Closes World View Acquisition, Adds High-Altitude Surveillance as Stock Rises

Ondas Inc. announced Wednesday it wrapped up its purchase of World View Enterprises, bringing high-altitude surveillance tech into its defense and autonomous systems lineup. The stock added roughly 2% early in the session. According to an SEC filing, the acquisition involved up to 12,775,219 Ondas shares issued, along with about $7.3 million in cash to settle outstanding obligations.
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