Ondas Inc. (NASDAQ:ONDS) on Monday announced a major contract win for its subsidiary, 4M Defense, in a competitive tender for a large-scale demining project.

The award is part of the Israel Ministry of Defense’s $1.7 billion Eastern Border Security Barrier initiative, aimed at strengthening security along roughly 500 kilometers of the country’s eastern frontier.

The program focuses on modernizing border defenses through advanced mine clearance, robotics, sensor systems, and autonomous technologies.

Contract Details

4M Defense’s latest contract is expected to generate more than $50 million in program value. The initial phase centers on AI-enabled robotic mine clearance across complex terrain, helping prepare areas for construction and deployment.

“4M Defense is a clear example of how we are converting targeted investments into operational programs that expand our backlog and position us for continued growth,” said Eric Brock, chairman and CEO of Ondas. “Importantly, it also establishes a foundation for broader land-based intelligence capabilities that can be integrated into our multi-domain, systems-of-systems architecture as these programs evolve.”

The win follows a previously announced $30 million demining contract in February 2026, tied to a multi-year land clearance program along the Israel-Syria border.

That effort marked one of the largest demining operations undertaken in Israel. The company said the project aligns with its broader strategy to deliver end-to-end border security solutions, including monitoring, intelligence gathering, and post-conflict land clearance.

Ondas Technical Analysis

At $9.60, Ondas is trading 0.05% lower today. The stock is currently below its key moving averages, trading 9.8% below its 100-day simple moving average (SMA), which suggests a bearish trend in the intermediate term. Additionally, it is 4.1% below its 200-day SMA, indicating ongoing selling pressure.

The stock’s 12-month performance shows a remarkable gain of 1018.60%, reflecting strong long-term momentum despite recent declines. Currently, Ondas is positioned between its 52-week high of $15.28 and its low of 66 cents, suggesting it remains significantly above its recent lows but below its highs.

  • Key Resistance: $10.00 — This level may act as a barrier for upward movement.
  • Key Support: $9.00 — A critical level where buying interest could emerge.

Ondas Earnings & Analyst Outlook

Ondas is slated to provide its next financial update on May 14, 2026 (estimated).

  • EPS Estimate: Loss of 4 cents (Up from Loss of 15 cents)
  • Revenue Estimate: $39.44 million (Up from $4.25 million)

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $15.56. Recent analyst moves include:

  • Northland Capital Markets: Outperform (Raises Target to $18.00) (March 26)
  • Needham: Buy (Maintains Target to $23.00) (March 25)
  • Needham: Buy (Raises Target to $23.00) (March 24)

Ondas Top ETF Exposure

  • State Street SPDR S&P Kensho New Economies Composite ETF (NYSE:KOMP): 0.81% Weight
  • ROBO Global Robotics and Automation Index ETF (NYSE:ROBO): 1.98% Weight
  • State Street SPDR S&P Telecom ETF (NYSE:XTL): 4.25% Weight

Significance: Because ONDS carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

ONDS Stock Price Activity: Ondas shares were down 0.05% at $9.60 at the time of publication on Monday, according to Benzinga Pro data.

Photo by T. Schneider via Shutterstock