On May 28, Ondas Holdings rose 7.38% in pre-market trading, trading at $11.64 USD/share, with trading volume of $7.2 million. The stock has maintained a streak of consecutive gains in recent sessions.
On the news front, the company recently completed the acquisition of Omnisys for approximately $196.6 million, successfully filling the software layer in its battlefield command and control capabilities and achieving a full closed-loop defense business portfolio. Following the acquisition, Ondas Holdings has formed a complete national defense ecosystem covering stratospheric balloons, aerial drones, and ground robots as hardware platforms, with Omnisys serving as the software brain. Combined with Q1 revenue surging to $50.12 million — a tenfold year-over-year increase — and full-year revenue guidance of $390 million, the market continues to view its defense integration prospects favorably, driving the stock higher across multiple consecutive sessions.
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