A post by @FirstSquawk on X.
$ONDS : SECURES MULTI-MILLION-DOLLAR DEFENCE CONTRACTS ACROSS EUROPE AND ASIA FOR PORTABLE COUNTER-D…
@FirstSquawk on X
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Ondas Holdings ($ONDS) secured multi-million-dollar defense contracts across Europe and Asia for its portable counter-drone systems and autonomous drone interceptors, and is in talks for an additional defense deal in the Middle East. The wins mark a geographic expansion of the company's counter-UAS business beyond its home market and add backlog from allied militaries. Financial terms were not disclosed in the announcement, leaving contract values and delivery schedules unclear. Investors will watch for confirmation of the Middle East deal and for disclosure of contract sizes and revenue timing in upcoming filings and earnings.
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Ondas Holdings, Europe, Asia, Middle East