Ondas stock price rises after securing $15.8 million demining order in Israel

LootboxPhobia · 2026-03-10T21:13:22+00:00

Ondas Inc. stock price rises by 4% as its subsidiary 4M Defense secures an initial order worth $15.8 million for a mine clearance project in Israel. The project will clear approximately 740 acres of legacy minefields, with potential total orders worth $60 million in the future. Additionally, analysts reaffirm a buy rating, expecting the merger to significantly boost the company's revenue.

LootboxPhobia

2026-03-10 21:13:22

Abstract generation in progress

Investing.com – Ondas Inc. (NASDAQ:ONDS) stock rose 4% on Tuesday after the company announced that its subsidiary, 4M Defense, secured an initial order worth $15.8 million for demining projects in Israel.

This order represents the first phase of a national land cleanup program valued at over $30 million, with potential additional follow-up orders of $30 million in the coming years. As more project phases are authorized, the total value of the program could reach $60 million.

The project will clear legacy minefields and unexploded ordnance on approximately 740 acres of land along the Israel-Syria border. 4M Defense will deploy autonomous robotic systems, aerial drones, and advanced sensing technologies to map, detect, and neutralize explosive threats. The initial execution period is up to three years, with options to extend and expand the scope.

Additionally, Stifel analyst Jonathan Siegmann reaffirmed a buy rating for Ondas with a target price of $18. The analyst commented, “Better Q4 revenue + validation of new manufacturing platforms support a positive thesis. This morning, ONDAS pre-announced Q4 revenue that exceeded expectations (up 600% year-over-year), and more importantly, announced a $175 million merger with Mistral, Inc., a mature private consolidator serving the Department of Defense, other government agencies, and major contractors. ONDAS and Mistral overlap in multiple verticals, including drones, counter-drone systems, and robotics. Financial details of the merger have not been disclosed, but based on our estimates, this could double ONDAS’s revenue base by 2026 and accelerate the company’s path to positive EBITDA earlier in 2026.”

Ondas provides autonomous aerial and ground robotic intelligence through its Ondas Autonomous Systems division and private wireless solutions via Ondas Networks. The company is building an integrated autonomous platform aimed at addressing defense and security challenges such as border surveillance, counter-drone defense, robotic ground operations, and land remediation.

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