StocksMedium•5 October 2026•
1 min read
Ondas Secures $56 Million Order for Precision Strike Systems
Key Facts
1Ondas announced a $56 million order for Electronic Safe & Arm Devices (ESADs) supporting a European loitering munition program.
Ondas announced a $56 million order for Electronic Safe & Arm Devices (ESADs) supporting a European loitering munition program. ACCESS Newswire reported that this contract is for the company's Precision Strike business and marks its first major ESAD order since recent acquisitions.
The company is leveraging its production operations in Poland to support the order, following its acquisitions of GATE Technologies and Bron Technologies. Regarding market performance, ONDS closed at $7.24 on October 2, 2026, with the stock reaching a day high of $7.44 and a low of $7.12 during that session.