Ondas (ONDS) Wednesday said that it has secured $70M in new orders during the past four weeks across its defense, security, and autonomous technology platform. The orders include awards for new systems, expanded customer programs, and additional operational capabilities, including the recently announced $6.9 million order for Ondas' C-UAS systems i...
Ondas (ONDS) Wednesday said that it has secured $70M in new orders during the past four weeks across its defense, security, and autonomous technology platform.
The orders include awards for new systems, expanded customer programs, and additional operational capabilities, including the recently announced $6.9 million order for Ondas' C-UAS systems in Australia.
"Securing $70 million in new orders in the past four weeks is a strong demonstration of our execution on the substantial demand pipeline at Ondas and the leveraging of our strengthening global operating platform," said Eric Brock, Chairman and CEO of Ondas.
Shares of Ondas Inc. (ONDS) surged about 11% on Tuesday, adding to gains posted the previous session following the announcement of a contract win.
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