New York, Feb 4, 2026, 09:08 EST — Premarket
- ONDS held steady ahead of the open, following a sharp gain in the previous session
- Company secured a strategic defense contract in the Asia-Pacific region through its Airobotics unit
- Ondas has agreed to acquire UK-based Rotron Aero in a deal combining cash and stock, subject to regulatory approvals
Ondas Inc shares held steady in U.S. premarket Wednesday, last seen at $11.38. The stock closed Tuesday with a 6.95% gain at $11.38, driven by heavy volume following two defense-related announcements over the past two days.
This shift is significant as Ondas has been ramping up its focus on military and security contracts—sectors where investors often react strongly to contract news, even without clear dollar amounts. For a small-cap company, one order can reshape the short-term narrative or vanish just as quickly.
On Tuesday, Ondas revealed its Airobotics division landed a strategic contract with a government defense client in the Asia-Pacific region. The company said the deal will unfold in multiple phases, with initial deliveries slated for this year and the possibility of follow-on orders as deployments grow. Financial details were not shared. “We are announcing this new contract during the Singapore Airshow this week,” said Chairman and CEO Eric Brock. Ondas Autonomous Systems Co-CEO Oshri Lugassy described the platforms as “combat proven.” Ondas Inc.
The day before, Ondas announced it had inked a definitive agreement to buy Rotron Aero, a UK firm specializing in unmanned aerial systems and long-range autonomous strike platforms. The payment will be a mix of cash and stock, pending usual closing conditions and regulatory green lights. Ondas didn’t disclose the purchase price. “Modern conflicts demand systems that can operate at range,” Brock said in the company’s statement.
An SEC filing on the Rotron deal revealed Ondas also released a fact sheet outlining the transaction. The document states the company intends to buy 100% of Rotron and points to “defense-grade aero-engines” and “one-way effector systems,” suggesting expendable, long-range tech meant for single use.
The defense-drone sector is packed, with longtime contractors and fresh drone players vying for budgets that often twist with politics and procurement shifts. For Ondas, the key question is if these announcements will convert into actual booked revenue, rather than just generating interest.
Risks are clear. The size of the Asia-Pacific contract remains undisclosed, and government programs often shift gears, face delays, or undergo changes. The Rotron acquisition brings its own execution risks—from regulatory approvals to integration challenges—and investors are still waiting on crucial details.
Traders are watching closely for updates from the Singapore Airshow, hoping for details on customer identities or contract sizes, as well as any fresh filings clarifying the timing and financing behind the Rotron deal. The airshow continues until Feb. 8.
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