Ondas Holdings shares rose significantly after the company announced a new FAA-related technology deployment.
The company has secured more than $270 million in new orders since June 30, 2026, growing its order backlog. The growth is expected to provide clearer revenue visibility heading into 2027.
The orders include a $56 million contract for Electronic Safe & Arm Devices tied to a European loitering munition program.
Ondas is also developing its Dronebuster REACH counter-UAS system under a contract with the U.S. Office of Naval Research. The company is launching Regna AI, a sovereign AI venture built on Palantir's infrastructure, as it moves into higher-margin software solutions.