Ondas Wins Prime Role on National Autonomous Border Program

Overview

• Shares rose about 6% after the company announced the multi-year government award.
• Ondas Autonomous Systems outscored several large defense firms to secure prime-contractor status in a competitive evaluation.
• The program is slated to begin with an initial purchase order in January 2026 and run for two years from that date.
• The system targets 24/7 ISR with autonomous drone swarms, AI-driven targeting, real-time sensor fusion, ground launchers, and centralized command-and-control.
• Recent filings show a $219.45 million shelf covering 35 million shares and authorization to increase common shares to 800 million, as analysts model up to $151.6 million in 2028 revenue against current losses.