Ondas Holdings (ONDS) announced an acceleration in defense contract wins and a strategic investment in FPF Defense. The partnership focuses on developing autonomous counter-drone systems and establishing a broader defense technology hub. This collaboration aims to solve cost challenges in drone defense by leveraging Ondas’s private wireless and drone technologies.
Ondas secured over $220 million in new defense contracts in recent months. The company increased its 2026 revenue guidance by 25%. Total projected revenue for 2026 now exceeds $525 million. The acquisition of DZYNE helped expand the company's backlog to approximately $663 million.
Ondas shares rose 16.7% following the announcement. The market reaction reflects investor confidence in the company’s strategy to convert autonomous defense systems into sustainable revenue streams.