Ondas reports $70 million in new orders over four weeks

Ondas Inc. (Nasdaq: ONDS) announced it secured $70 million in new orders over the past four weeks across its defense, security, and autonomous technology platform, according to a company press release.

The orders span multiple technology segments, including unmanned ground systems, border security, counter-unmanned aircraft systems (C-UAS), intelligence, surveillance and reconnaissance (ISR) systems, and autonomous precision-strike capabilities. The orders include new systems, expanded customer programs, and additional operational capabilities.

Among the awards is a previously announced $6.9 million order for Ondas' C-UAS systems in Australia.

"Securing $70 million in new orders in the past four weeks is a strong demonstration of our execution on the substantial demand pipeline at Ondas and the leveraging of our strengthening global operating platform," said Eric Brock, Chairman and CEO of Ondas.

Brock added that the orders extend across ground systems, border security, counter-UAS, ISR, and precision-strike technologies, stating the company is "integrating differentiated technologies, engineering capabilities, manufacturing resources and customer access into a unified defense technology company."

The West Palm Beach, Florida-based company said it is continuing to expand manufacturing capacity and increase field-support resources to meet customer requirements.

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