NasdaqCM:ONDSCommunications
Ondas (ONDS) Is Down 5.9% After Record Backlog, Acquisition Move And Shelf Filing News – Has The Bull Case Changed?
In August 2026, Ondas Inc. reported second-quarter sales of US$83.77 million, up sharply from US$6.27 million a year earlier, alongside a wider quarterly net loss and a six‑month net income driven by strong contract backlog and acquisition contributions.
The company also filed a US$226.76 million shelf registration and moved to acquire Israel-based Aran Defense Ltd., signaling an effort to internalize defense manufacturing capacity and potentially accelerate conversion of its roughly US$757...