Stock Breakout (@stock_breakouts)
Ondas Books $270M of Orders as Defense Demand Accelerates
$ONDS has booked $270 million of orders since June 30, including more than $165 million over the latest six-week period.
That six-week total alone is equivalent to roughly 70% of the company's full-year revenue guidance, pointing to a significant acceleration in contracted demand.
IonStrike is gaining US defense traction, ULTRA is progressing through validation and a $56 million European ESAD award provides another sign that Ondas' acquisition strategy is beginning to translate into commercial orders.