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Ondas Rallies on $10 Million Orders as New 2x ONDS ETF Debuts

Investor interest accelerated after Ondas reported $10 million in new government orders plus the launch of a 2x ONDS exchange-traded fund.

Overview

  • Ondas disclosed about $10 million in new purchase orders spanning counter‑UAS tech, autonomous drones and robotic ground systems for government and critical‑infrastructure customers.
  • The Defiance Daily Target 2X Long ONDS ETF (ticker: ONDL) began trading on Dec. 30, a product designed to deliver twice the stock’s daily move and one that can amplify near‑term volatility.
  • Shares briefly topped $10 and closed at $9.76, up 8.6% on the session, with trading volume exceeding 156 million shares.
  • The company says it expects an initial January 2026 purchase order for a large autonomous border‑protection program where it would act as prime contractor.
  • Recent context includes a 2026 revenue target of $110 million and the appointment of retired Brig. Gen. Patrick Huston as chief operating officer to drive program execution and compliance.