New York, March 2, 2026, 05:48 EST — Premarket
Ondas Inc jumped 4.1% to $10.49 ahead of the open Monday. On Friday, the stock settled at $10.08, down 3.5%.
U.S. stock index futures dropped over 1%, crude prices spiked nearly 8%, and investors scrambled for defense stocks after strikes by the U.S. and Israel on Iran ratcheted up Middle East tensions. Shares of drone-heavy defense players Kratos and AeroVironment surged out of the gate, according to Reuters.
Ondas moves with the news. The company makes autonomous drones and counter-drone tech—gear meant to spot or disable unmanned aircraft—so shares can jump on any whiff of increased security spending.
Ondas hadn’t issued any new statements as of early Monday; its investor relations page lists Feb. 17 as the date of the most recent press release.
Feb. 17 saw the company announce that its Sentrycs unit had delivered and set up a counter-unmanned aerial systems solution for a German state police agency, highlighting the rollout of its portable “Scout” device. “Our deployment with the German State Police demonstrates the immediate impact of lawful, precise drone mitigation,” said Sentrycs CEO Tal Cohen. Ondas Inc.
Just days ago, Ondas announced that its Airobotics arm secured a multi-million dollar order from a top European client based in a NATO member state for the Iron Drone Raider system. That’s on top of earlier airport contracts, which the company put at $16.8 million. “Airports and other regulated sites require counter-drone solutions that operate without disrupting communications or causing collateral risk,” said Chairman and CEO Eric Brock. Ondas Inc.
Ondas is moving further into land operations. Back on Feb. 9, the company announced its 4M Defense arm secured a tender worth north of $30 million, tied to a multi-year demining project in Israel. The contract covers up to three years of work, with possible extensions built in.
Ondas’ run of deal-making and new contracts has been backed by aggressive fundraising. January saw the company wrap up a registered direct offering, with net proceeds landing near $959.2 million. Warrants attached to the deal could pull in additional funds if exercised, though that would mean increasing the share count.
The trade isn’t one-way traffic. Should tensions ease fast, defense stocks could quickly lose their newfound appeal. Investors also keep an eye on dilution risks, especially when big warrant overhangs are still in play.
The next thing investors want is just some answers. Ondas hasn’t listed any events on its IR calendar, so traders are left scanning for either a firm earnings date or fresh contract news as March approaches.
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