Overview
- The company guided to $110 million in 2026 revenue, an implied 205% increase over its expected $36 million for 2025.
- Ondas reported $10 million in new purchase orders across its autonomous drone and ground-robot platforms for government security customers.
- Management highlighted $23.3 million in backlog as a contributor to the growth outlook for its Ondas Autonomous Systems unit.
- Executives said they expect an initial purchase order in January under a large autonomous border-protection program where Ondas will serve as prime contractor.
- Shares rose about 13% to $10.16 intraday on Wednesday, reflecting investor enthusiasm for the orders and guidance.