ONDS

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 WEST PALM BEACH, FL / ACCESS Newswire / August 18, 2026 / Ondas Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous systems and next-generation defense and security technologies, announced today that it has entered into a definitive agreement to acquire Aran Defense Ltd.

Red Cat (NASDAQ:RCAT) shares are down 4% to $10.65 Monday afternoon, slipping despite a fresh maritime autonomy partnership announcement from the company's Blue Ops division.

Unusual Machines (NYSE:UMAC) stock is soaring 22% to $33.24 midday Friday, leading a scattered rally in domestic drone names.

ONDS' Q2 revenues jump more than 13-fold to $83.8 million, while losses widen and the 2026 revenue outlook rises to $525-$550 million.

ONDS raises its 2026 revenue target to $525-$550M, citing broad demand as it works to convert a $757M backlog and reach adjusted EBITDA profitability sooner.

ONDS enters the second half of 2026 with a $757 million backlog, strong order momentum and several major programs set to ramp.

Ondas NASDAQ: ONDS reported record second-quarter revenue of approximately $83.8 million, up 67% sequentially and more than 13 times the level reported a year earlier, as the company expanded deliveries across its autonomous defense and security portfolio.

As the afternoon buzz subsides  and we swing into late-afternoon trading, let's take a quick look at a few of the biggest trends circling Wall Street right now: Defense Stock Slides Despite Outlook Hike Despite hiking its 2026 revenue outlook, Ondas Inc (NASDAQ:ONDS) is sliding this afternoon, after the defense tech name shared an adjusted EBITDA loss of $50.6 million.

Ondas Inc. (ONDS) Q2 2026 Earnings Call Transcript

Shares of Ondas Holdings (NASDAQ:ONDS) are down 8% at midday Thursday after the drone and counter-UAS company reported second quarter results before the open.