New York, May 27, 2026, 04:45 EDT
Ondas Inc. stock got a boost in premarket trading Wednesday, following a 7.8% rise Tuesday with traders active ahead of a shareholder vote and annual meeting set for this week. Ondas finished Tuesday at $9.77 on around 83.1 million shares traded. The shares changed hands at $10.10 in early premarket activity, ahead of the regular Nasdaq open, when trading is lighter.
Why now: Investors want to see if the rally holds up after Ondas posted a big jump in first-quarter revenue, raised its 2026 guidance, and kept acquiring for its defense robotics business. First-quarter revenue came in at $50.1 million versus $4.3 million a year ago. The backlog hit $457 million on a pro forma basis. CEO Eric Brock said the company had “record results” with “powerful demand tailwinds” in counter-UAS, or counter-drone tech. Ondas Inc.
Ondas stockholders can send in proxies online or by phone until 11:59 p.m. Eastern Time on Wednesday, with the annual meeting set for 10 a.m. Thursday in West Palm Beach, Florida, according to a filing. Proposals on the table are boosting authorized common shares to 1.2 billion from 800 million, plus adding shares to the 2021 stock plan. The authorized figure is the cap on possible issuance, not shares sold automatically.
Nasdaq Composite jumped 1.2% to 26,656.18 Tuesday, while the S&P 500 was up 0.6%. U.S. equities reopened after the Memorial Day break closed markets Monday. On Nasdaq’s 2026 holiday calendar, Memorial Day is set for May 25, but there’s no closure for May 27.
Ondas is looking to broaden its appeal beyond small drone hardware with a new acquisition. The company said May 18 it will buy Israel-based Omnisys Ltd., which makes AI-assisted Battle Resource Optimization software for defense uses and live decision support. CEO Eric Brock called Omnisys’ BRO offering “proven, battle-tested.” Omnisys CEO Ofer Yarden said the deal should open new doors for the software in international defense. Ondas Inc.
Ondas sits in a busy group of defense-drone stocks. Early Wednesday, AeroVironment and Kratos Defense were both indicated up, but both companies are still worth more by market value than Ondas. Palantir, which works with these names but isn’t a direct competitor, showed a small move down in early quotes.
The risk side for Ondas is clear. The company posted an adjusted EBITDA loss of $10.9 million for the first quarter. Adjusted EBITDA—which strips out interest, taxes, depreciation, amortization and other items—may not be comparable to how rivals report, Ondas said in its 10-Q. Ondas Inc. Ondas also filed a prospectus supplement on May 22, registering 2.74 million shares for resale by selling holders, with proceeds going to those holders and not the company. That kind of supply overhang can hurt market mood if buyers worry about excess stock. Defense names in general are already trading with a lot of conflict risk in prices; DWS Americas CIO David Bianco told Reuters, “A lot of conflict premium was in their valuations.” Reuters
For now, it’s about what comes next. Ondas has more backlog on the books, more cash in hand, more deals waiting, and a key shareholder vote right ahead. The stock heads into the open with another test: was Tuesday’s pop real buying, or just another sharp swing in a jumpy name?
