New York, Feb 11, 2026, 07:42 EST — Premarket
- Ondas barely budged in premarket trading, holding steady after tumbling 6.4% in the previous session.
- The company has revealed a tender worth more than $30 million tied to a multi-year demining effort in Israel.
- Goldman Sachs has disclosed a 4.2% stake in a Schedule 13G/A filing.
Ondas Inc held steady in premarket hours Wednesday, following a 6.4% drop the day before. Shares most recently changed hands at $9.68 ahead of the 9:30 a.m. ET U.S. open.
Just days earlier, Ondas announced its smart demining arm, 4M Defense, had landed a contract worth more than $30 million for a multi-year project in Israel—one of the country’s biggest land-clearance efforts to date. The contract covers roughly 741 acres along the Israel-Syria border, with work spread across several project milestones for up to three years and possible extensions. CEO Eric Brock pointed to “increasing demand” for technology-driven land clearance. OAS co-CEO Oshri Lugassy called it a piece of an “end-to-end” border security effort. ACCESS Newswire
Ondas surged 6.7% Monday, closing out the day at $10.34, but shares turned lower Tuesday, wrapping up at $9.68. Volume came down sharply too—about 56.3 million shares changed hands Tuesday, down from the previous session’s 88.7 million, Investing.com data show.
In a separate Schedule 13G/A, The Goldman Sachs Group and Goldman Sachs & Co. LLC disclosed they hold roughly 15.34 million shares of Ondas—about 4.2% of the company’s stock. Schedule 13G filings signal significant share positions or shifts by large holders.
For traders, Ondas keeps showing up as a stock that moves on headlines. Thin tape? Flows count for more, and an ownership update can spark a fast reaction — though that rarely spells out what comes next.
Shares in other defense-drone makers slipped ahead of the open: AeroVironment dropped close to 4%, Kratos slid about 5%, and Red Cat Holdings tumbled almost 8% in the early going.
Ondas faces a straightforward issue right now: how quickly the Israel program actually converts into booked revenue and cash in hand. The company’s labeled the project as milestone-based—investors want answers on timing, scope, and whether more work might follow.
Still, milestone-driven programs have a habit of slipping, and extensions aren’t guaranteed. That “over $30 million” tender figure? It’s a cap, not a steady quarterly pace. Missed steps could keep the stock bouncing around.
Away from corporate news, investors are eyeing a batch of U.S. macro figures that could jolt sentiment around smaller caps. The Labor Department drops its January jobs report at 8:30 a.m. ET this Wednesday. Then, the January CPI is set for release Friday, Feb. 13, again at 8:30 a.m. ET.
