On May 28, Ondas Holdings rose 5.28% overnight, trading at $11.59/share, with trading volume of $4.5791 million. The stock continues to build on momentum from prior sessions.

On the news front, the rally is driven by the completion of Ondas Holdings' strategic acquisition of Omnisys for approximately $196.6 million. This deal successfully fills the company's battlefield command and control software layer, achieving a complete defense business ecosystem. Following the acquisition, Ondas now operates an integrated national defense platform spanning stratospheric balloons, aerial drones, ground robots, and the Omnisys software brain.

The acquisition momentum is further reinforced by strong financial performance, with Q1 revenue surging to $50.12 million — a 10x year-over-year increase — along with full-year revenue guidance of $390 million. The combination of completed M&A integration and accelerating revenue growth has sustained bullish sentiment, driving consecutive sessions of gains including an 8.83% rise followed by a 5.17% advance in prior regular trading sessions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)