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Aran Defense is a defense-focused division of Aran Ltd. (TASE:ARAN), an established Israeli engineering and manufacturing company serving governmental customers in Israel, as well as leading international defense companies
Acquisition will expand Ondas' local manufacturing and industrialization capacity in Israel to meet growing demand for autonomous defense systems
Core + Strategic growth program expands Ondas' technology and customer-solutions portfolio, broadens its customer base, and accelerates the maturation and scale of its operating platform
Record Q2 2026 revenue of $83.8 million marks 67% QoQ increase and 13-fold YoY revenue growth; On a pro forma, same-portfolio basis, Q2 2026 YoY revenue increased 85%
$175 million in new orders were captured during Q2 2026, demonstrating the strength and momentum of the core platform; $105 million in additional orders have been captured to date during Q3 2026
Reported backlog of approximately $613 million as of June 30, 2026; Pro forma backlog of $757 million as of June 30, 2026, including the DZYNE and Cyberhawk acquisitions, both of which closed in Q3 2026
Increased full-year 2026 revenue target to $525 - $550 million; Pulls forward Adjusted EBITDA profitability timelines
$1.4 billion in cash, cash equivalents, restricted cash and short-term investments as of June 30, 2026
Conference call scheduled for today, August 13th at 8:30 a.m. ET
The multi-million-dollar strategic program - "Digital Bat" is to provide a next-generation low-cost tactical attack drone platform powered by advanced software designed to address the Israeli Ministry of Defense evolving operational requirements.
The program reflects similar operational priorities driving the U.S. Drone Dominance Program (DDP), including rapidly fielding scalable and cost-effective unmanned attack capabilities.
Cyberhawk expands Ondas' leadership in critical infrastructure intelligence with AI-enabled drone inspection, visual data management, and asset analytics
Expands Ondas' reach into high-value critical infrastructure and industrial inspection markets that are growing rapidly, driven by technology and regulatory advancements
Ondas' Sentrycs' Cyber-over-RF (CoRF) System to enable detection, identification, and controlled mitigation of unauthorized drones during game days at EverBank Stadium
Selection builds on Sentrycs' successful deployment across multiple host venues during the 2026 FIFA World Cup
Award accelerates development of the Long‑Range Grasshopper™ autonomous aerial delivery system, now integrated within Ondas Sentinel following Ondas' recent acquisition of DZYNE
Valued at more than $6 million, the award adds to Ondas' growing U.S. defense pipeline and reinforces its position in scalable, low-cost autonomous logistics.
Represents an additional order for Ondas' Mistral Inc. under a previously awarded $982 million multi-year IDIQ supporting the U.S. Army's Lethal Unmanned Systems (LUS) program
Order strengthens Ondas' position in the U.S. Defense Market and demonstrates continued execution of Its defense growth strategy
Ondas is currently producing systems for delivery in the third quarter under the initial $190.8 million order for the LUS program
Barnea brings recent, highly relevant leadership experience having led Israel's intelligence agency the Mossad and its technological transformation through a period of active conflicts, positioning the agency as one of the world's most advanced intelligence organizations with unique technological tools.
Barnea's technological, operational and leadership experience will support Ondas' growth plans, including the development, business and technological integration, and global deployment of next-generation multi-domain defense systems, as the Company brings its businesses together into a unified, AI-enabled defense technology platform.
FPF Defense, led by former Acting Secretary of Defense Christopher C. Miller, is developing AI-enabled kinetic interceptors engineered to close the cost-asymmetry gap against mass-produced one-way attack drones
Awards Across Ground Systems, Border Security, Aerial Security, ISR and Precision-Strike Technologies Demonstrate Broad-Based Customer Demand
Broad-Based Order Momentum Demonstrates Continued Execution of Ondas' Strategic Growth Plan and Growing Demand for Autonomous Defense Systems
Order includes DTIM Kits that deliver integrated Detect, Track, Identify and Mitigate capability through Ondas' counter-UAS portfolio
Award reflects continued momentum for Ondas as global defense customers expand investment in counter-UAS capabilities
Combination expands Ondas' portfolio across multi-domain ISR, counter-UAS, precision strike, mission intelligence and autonomous systems for U.S. and allied defense customers
Together with World View, DZYNE will operate within Ondas Sentinel, a newly created business division that will strengthen Ondas' U.S. defense portfolio
Transaction significantly strengthens Ondas' financial profile, adding substantial revenue, positive EBITDA and expanded operating leverage
The collaboration integrates Sentrycs' precise cyber-based detect-to-defeat capabilities to Lockheed Martin's Sanctum™ advanced modular defense architecture to enhance protection against evolving aerial threats
New June orders bring Ondas' Q2-to-date order activity to over $150 million, driven by demand for Counter-UAS, Loitering Munition Systems ("LMS") and integrated autonomous defense capabilities
Rotron Aerospace's successful SkyLance trial under the UK Ministry of Defence's Project Brakestop advances Ondas' LMS platform and strengthens its position in sovereign long-range strike capabilities playing a key part of Ondas' LMS strategy
95% cash funded transaction expands Ondas' dual-use capabilities with an autonomous infrastructure intelligence platform combining scaled drone inspection services, AI-enabled asset analytics, and enterprise visualization software
Cyberhawk's blue-chip utility and energy customer base underpins strong growth and high-reoccurring revenue in the industrial and critical infrastructure markets
Cyberhawk brings operations in 40 countries, 300+ customers, $45+ million in forecasted revenues in FY ending March 2027 with ~95% reoccurring revenue, high single digit EBITDA margins that management believes can expand to 25%+ by 2030 and $95 million backlog
Ondas will present its unified systems of systems architecture connecting air defense, aerial intelligence, ground robotics, loitering mission systems, and AI-powered command software into one autonomous operational force
New systems and integrated solutions launching at Eurosatory include Iron Wave, Dual Shield, MODUS, Scout Cyber-over-RF, Iron Arrow, and LADOS, expanding Ondas' unified autonomous architecture
Ondas will highlight its European joint venture ONBERG advancing local manufacturing, deployment, and support capabilities for autonomous drone defense systems across Europe
LADOS connects Ondas' systems, including sensors, effectors, autonomous platforms, and command units, into one immediate operational core for integrated missions and serves as a critical systems-of-systems command-and-control layer
LADOS is part of Ondas' multi-domain software architecture that includes SkyWeaver, a Palantir-powered Agentic AI layer for Multi-Domain Mission Autonomy and long-range ISR-to-assault applications
The system will be officially launched at Eurosatory 2026 in Paris, France, one of the world's premier international defense and security exhibitions
$4.8 Million Initial 3-Month Contract Award Supports Operational Counter-Narcotics and Illegal, Unreported and Unregulated Fishing Missions Across the Eastern Pacific and Caribbean
World View to Provide Stratospheric ISR Support Under SMX-Led Program Following Successful UNITAS 2025 Demonstration with U.S. Naval Forces Southern Command/U.S. 4th Fleet
Program Aligns with SOUTHCOM's New Autonomous Warfare Command and Growing Demand for Persistent, Multi-Domain Intelligence Architectures
New Orders Reflect Growing Demand Across Ondas' Unmanned and Autonomous Systems Portfolio and Demonstrate Continued Execution of the Company's Strategic Growth Plan
With 25 Years of Operational Deployment, Omnisys Supports Complex Multi-Domain Defense Missions Across Multiple Operational Architectures
Combat-Proven Battlefield Optimization Software Capabilities Will Accelerate Ondas' Transition to a Software-Defined Autonomous Defense Orchestrator
Adds High-Margin Mission Software and Expands Global Defense Opportunities
Q1 2026 revenue of $50.1 million represents a more than 10-fold increase from Q1 2025 and 66% quarter-over-quarter exceeds the high end of Company's guidance by 25%
Raising full-year 2026 revenue target to at least $390 million representing approximately 670% year-over-year increase driven by organic growth, accelerated strategic growth program and global demand for unmanned and autonomous systems
Product companies were adjusted EBITDA positive during the first quarter, 6 months ahead of targets
Pro forma backlog reached $457 million vs $68.3 million at the end of 2025, driven by significant order activity during the quarter and the addition of newly acquired companies
$1.48 billion in cash, cash equivalents, restricted cash and short-term investments as of March 31, 2026, providing substantial capacity to support organic growth and the Core + Strategic Growth Program
Conference Call Scheduled for today, May 14th at 8:30 a.m. ET
Establishes Direct Access to U.S. Army and Special Operations IDIQ Contract Vehicles and Expands Domestic Manufacturing and Integration Capabilities
Transaction Strengthens Ondas' Position as a Next-Generation Defense Prime, Accelerating Deployment of Autonomous Systems Across U.S. Defense and Homeland Security Markets
Adds Approximately $264 million to Ondas' Backlog; Ondas Pro Forma Backlog, Adjusted for the Mistral and World View Acquisitions, was $457 Million as of March 31, 2026
$50 Million Tender Award is Part of $1.7 Billion Eastern Border Security Barrier Initiative Led by Israeli Ministry of Defense
Combined with the $30 Million Syrian Border Demining Program, Ondas' 4M Subsidiary is Now Operational on Two Tenders with an Aggregate Value of $80 Million with Additional Orders for Both Demining Projects Expected in 2026 Along with Follow on Phases Over the Coming Years
4M Defense Will Utilize Its AI-Enabled Land Intelligence Platform Including Advanced Autonomous Robotic Systems, Aerial Drones, and Advanced Sensing Technologies to Demine hundreds of Acres Along the Eastern Israel Border
Marks Operational Readiness of Integrated Drone Defense Systems and Establishes European Hub for Production, Development, and Deployment
Initial Focus on Germany and Ukraine, with Plans to Expand Sales, Manufacturing, and Deployment Across Europe
Initial Order Marks First Phase of Multi-Year $140 Million Program, With Significant Additional Revenue Expected from Long-term Maintenance and Expansion Options
Order is for Ondas Subsidiary INDO Earth Moving's Heavy Ground Equipment Designed to be Integrated with Autonomous and AI Capabilities, Transforming Traditional Engineering Equipment into Intelligent, Mission-Integrated Robotic Platforms
Ondas Sentrycs' Cyber-over-RF Technology to Be Deployed Across Multiple FIFA World Cup Host Venues Across North America for Detection and Mitigation of Unauthorized Drones
Reinforces Sentrycs' Position as a Leading Provider of Non-Disruptive Counter-Drone Solutions for Large-Scale Civilian and Critical Infrastructure Environments
Tender related to $1.7 Billion Eastern Border Security Barrier Initiative Led by Israel Ministry of Defense
Represents the Second Major Tender Won by 4M Defense in 2026 in Addition to the Previously Announced $30 Million Demining Program in February. 4M Will Deploy its AI-Enabled Advanced Robotic Demining Technology as Part of the Operations.
The Award Reinforces Ondas' Role as a Key Provider of Next-Generation Technologies for Evolving Border Infrastructure and Protection Programs
Transaction positions Ondas at the forefront of next-generation, AI-enabled defense and security architectures built on persistent, layered intelligence
Expands access to large and rapidly growing global markets for integrated ISR, autonomous systems, and mission-critical decision platforms
Meeting Rising Demand for Persistent ISR Sensing and Responsive Autonomy through Integrated Mission Workflows
Transaction Builds on Ondas' Prior $10M Strategic Investment and Partnership to Accelerate Layered Sensing, Tactical Autonomy and Scalable Defense Solutions
World View Has Completed Over 140 Stratospheric Flight Operations, with Payloads Up to 10,000 kg; Current and Past Customers Include NASA, NOAA, U.S. Department of War, and the U.S. Air Force
Q4 revenue of $30.1 million meeting the high end of our recently pre-announced target range and represents a step-change increase from prior quarters
Full-year 2025 revenue of $50.7 million, meeting the high end of our recently pre-announced target range, representing approximately 605% year-over-year growth
Raising full-year 2026 revenue target to at least $375 million and establishing Q1 2026 revenue target of $38 - $40 million, representing approximately 640% and 820% year-over-year growth, respectively.
Balance sheet strengthened with approximately $594.4 million in cash, cash equivalents and restricted cash as of December 31, 2025, and with approximately $960 million in net cash proceeds raised in January 2026, providing substantial capacity to support organic growth and strategic M&A
Conference Call Scheduled for Wednesday, March 25th at 8:30 a.m. ET
Fourth Quarter and Full Year 2025 Preliminary Revenue of Between $29.1-$30.1 Million and Between $49.7-$50.7 Million, Respectively, Both Ahead of Guidance Provided in January 2026
Reiterates Prior Full Year 2026 Revenue Outlook of $170-$180 Million Before the Impact of Any New Acquisitions Announced in 2026
Integrated into Swisscom Broadcast's DroneDefence Deployment, Ondas' Subsidiary Sentrycs' Cyber-Over-RF Technology Enabled Early Detection and Tiered Mitigation Capabilities During One of the World's Most High-Profile International Events
Long term plan to create a European one-stop shop for autonomous drone defense systems, combining battle-proven OAS technologies with German industrial scale and precision engineering
Joint roadmap for ONBERG to establish local sales, development, and industrial production in Germany, supporting sovereign European defense capabilities and protection of critical infrastructure
Acquisition Positions Ondas to Deliver Multi-Year Military Engineering Vehicle Program as a Prime Contractor and Advance Future Robotic Heavy Engineering Platform Capabilities
Transaction Expands Ondas Autonomous Systems into Robotic Heavy Engineering Platforms Through Synergies with 4M Defense, Roboteam, and Apeiro Motion Ground Systems
$140 Million Military Engineering Vehicle Tender Expected to Begin Revenue Generation in Q2 2026 While Driving Operating Efficiencies Across Ondas' Ground Systems Portfolio
UK-Based Rotron Aerospace Strengthens Ondas' Systems of Systems Architecture with Unmanned Aircraft Platforms, Aero-Engine Technologies, and Long-Endurance Autonomous Mission Capabilities
Expands Ondas' Strategic Footprint Within the UK and NATO Ecosystems, Providing Fast-Track Access to Major Programs Through Deep-Rooted Relationships with the UK Ministry of Defence
Establishes a UK Industrial Base for Advanced Unmanned Systems Supporting NATO Programs and Allied Defense Localization Initiatives
Entry into the airborne missile protection market for unmanned aerial systems (UAS) and aircraft through a globally deployed aircraft protection platform installed on more than 700 aircraft across 40+ aircraft types serving U.S. Army, NATO, leading armed forces in APAC and UN aviation fleetsincluding advanced Laser Countermeasure systems designed to defeat modern missile threats.
Acquisition adds advanced sensing, mitigation, and mission command-and-control technologies to Ondas' platform, supporting counter-UAS operations, border protection, maritime surveillance, and airspace monitoring missions
Contract includes the potential for an additional $30 million in follow-on phases over the coming years, representing up to $60 million program value
4M Defense will utilize its advanced autonomous robotic systems, aerial drones, and advanced sensing technologies to demine 740 acres along the Israel-Syria border
Merger facilitates Ondas' presence within the U.S. Department of Defense, various federal agencies, and U.S. State and Local Law Enforcement through Mistral's decades of experience as a prime contractor and trusted supplier to the U.S. Government
Mistral serves as Prime Contractor on over a billion dollars of IDIQ and various US DOD contracts for various weapon systems, UAS, and drones; Mistral is also a leading provider for the U.S. State and Local governments and the HLS market for public protection systems
Mistral accelerates Ondas' U.S. Defense expansion strategy by adding Prime Contract access, U.S.-Based manufacturing infrastructure, and established Federal and State contracting capabilities
Fourth quarter and full year 2025 preliminary revenue of between $29.1-$30.1 million and between $49.7-$50.7 million, respectively, both ahead of guidance provided in January 2026
Reiterates prior full year 2026 revenue outlook of $170-$180 million before the impact of any new acquisitions
Orders for Ondas' Sentrycs Counter-UAS Systems Reflect Growing Demand to Protect Critical Infrastructure and Strategic Facilities Amid Ongoing Regional Conflicts
Immediate Urgent Deployment of Ondas' Systems Support Defense, Homeland Security, and Infrastructure Protection Programs Across the Middle East and other regions
Appointment strengthens OAS leadership as company expands global defense and national security platform
Ondas' Airobotics initiates rapid development, system integration, and phased deployment of a large-scale AI-driven Autonomous Border Protection Architecture utilizing thousands of drones and advanced Command-and-Control
Purchase order represents an important milestone in Ondas' evolution as a national defense prime contractor
Combining persistent stratospheric sensing with tactical autonomy and counter-drone capabilities to deliver layered, mission-ready ISR and airspace defense
Initial $10 million strategic investment establishes coordinated go-to-market framework for scalable multi-domain defense and homeland security solutions
Sentrycs will launch its new portable solution, Sentrycs Scout, at the Enforce Tac exhibition in Germany
High-growth handheld C-UAS segment projected to triple by 2030, creating a significant new revenue vertical within Ondas' counter-drone portfolio
New NATO-country order highlights expanding European demand for operationally ready counter-UAS systems in civil environments
Advances Ondas' position in the multi-billion-dollar civil infrastructure protection market
Major international airport deployment of Iron Drone Raider is part of a prior $16.8 million - in orders to protect two major European international airports
Multi-year smart demining program along the Israel-Syria border represents one of the largest land-clearance projects ever undertaken in Israel
The project demonstrates a broader strategy to expand Ondas' offerings across the full border security lifecycle
New contract expands Ondas' geographic and defense footprint in the Asia-Pacific (APAC) region
Reinforces growing demand for autonomous UAS capabilities with governmental entities in APAC