Stock Markets June 22, 2026 08:56 AM

Ondas Secures Over $40M in June Defense Orders, Lifts Q2 Intake Above $150M

Company's premarket stock tick up follows a month of sizable defense contract wins and a recent flight trial from its UK unit

By Hana Yamamoto
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ONDS

Ondas Holdings reported more than $40 million in defense orders during June, pushing second-quarter order volume past $150 million. The June awards span autonomous defense systems, Counter-UAS solutions and Loitering Munition Systems, and follow roughly $30 million in orders received in May. A UK subsidiary completed a SkyLance flight trial under a Ministry of Defence program focused on long-range strike capability.

Ondas Secures Over $40M in June Defense Orders, Lifts Q2 Intake Above $150M
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Key Points

  • Ondas announced more than $40 million in new defense orders during June, bringing Q2 order activity to over $150 million.
  • June bookings include Counter-UAS solutions, Loitering Munition Systems, ground systems and related defense services from governmental and defense customers across multiple international markets.
  • Rotron Aerospace, Ondas' UK subsidiary, completed a SkyLance flight trial under the UK Ministry of Defence's Project Brakestop; SkyLance is described as a one-way-effect system combining range with precision engagement.

Ondas Holdings Inc (NASDAQ:ONDS) shares rose 2.3% in premarket trading Monday after the company disclosed it had booked in excess of $40 million of new defense orders in June. That inflow helped lift the company's second-quarter order activity to more than $150 million.

The orders announced for June encompass a range of autonomous defense offerings, including Counter-UAS systems, Loitering Munition Systems, ground systems and associated defense services. They were awarded by governmental and defense customers across several international markets. The June bookings follow more than $30 million in orders the company reported having secured in May.

Ondas also said Rotron Aerospace, its United Kingdom-based subsidiary, recently completed a flight trial of the SkyLance system under the UK Ministry of Defence's Project Brakestop, a program oriented toward advancing long-range strike capability. SkyLance is described by the company as a one-way-effect system that pairs operational range with precision engagement capability.

Eric Brock, Ondas' chairman and chief executive officer, framed Counter-UAS as an urgent government priority amid accelerating drone threats. He added that the company is observing demand coalescing around Loitering Munition Systems and long-range precision engagement, with particular interest coming from Europe and the United States.

The company positions its autonomous defense platform to address the full engagement cycle - detection, intelligence, protection and engagement. Ondas' Counter-UAS technology is aimed at defending against hostile drones, while its Loitering Munition Systems are intended to provide precision strike options.

Ondas supplies autonomous drone systems and other advanced defense technologies to governmental and defense customers. Its stated technology portfolio includes aerial intelligence and robotic platforms, electronic warfare technologies and AI-powered command-and-control software.


Context and implications

The recent order activity underscores growing procurement interest from government and defense buyers in autonomous and counter-drone capabilities. Deliverables span both detection and strike-related systems, indicating a mix of product and service revenue opportunities for Ondas.

While the company confirmed the scale of orders and the completion of a flight trial, the announcement did not detail delivery schedules, contract durations or the specific national customers involved beyond noting international markets.

Risks

  • The company did not provide delivery timelines or contract length details for the orders, creating uncertainty around revenue recognition timing - this affects defence and aerospace revenue forecasts.
  • Completion of a flight trial was reported, but the announcement does not specify follow-on commitments or procurement steps from the customer, leaving program adoption and scale uncertain - this impacts expectations for future defense contract awards.
  • Orders were described as coming from governmental and defense customers across multiple international markets, which introduces exposure to varying procurement processes and potential geopolitical or regulatory timing risks for defense and export controls.

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