ONDS and Palantir launch Regna AI to deliver sovereign AI solutions for defense and enterprise missions, advancing autonomous operations and data control.
Ondas Inc. (NASDAQ:ONDS) stock is at $6.32, down 6% in afternoon trading, days after the company unveiled a defense AI venture with Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction).
Ondas Inc. (NASDAQ:ONDS) stock is up 4% to $7 in morning trading after the announcement of Regna AI, a new AI venture powered by Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction).
Ondas has transformed into a prime defense contractor with $1.4B cash, $757M backlog, and an $11B pipeline, leveraging major acquisitions and a Palantir partnership. ONDS targets $525M–$550M 2026 revenue, expects to exit 2026 at a $1B run rate, and aims for adjusted EBITDA profitability by Q4 2026 at the operating platform level. Heavy dilution has driven share count from 93M to 590M, but the balance sheet is robust and short interest is high, creating potential for a sharp re-rating if execution meets guidance.
Fresh defense orders and a string of acquisitions haven't been enough to lift Ondas (NASDAQ:ONDS) shares. Ondas stock is at $6.86, down 5% in afternoon trading.
ONDS secures more than $270 million in orders since June 30, strengthening revenue visibility into 2027 amid broad-based defense demand.
A burst of new business at Ondas Inc. (NASDAQ:ONDS) is running straight into a sector-wide selloff.
ONDS trades at a discounted sales multiple as rapid autonomous-defense growth clashes with losses, acquisition risks and execution concerns.
Ondas Inc (NASDAQ:ONDS) stock is up 5.6% to trade at $7.65 this morning, after the dronemaker secured a $56 million Electronic Safe & Arm Devices order for a European loitering munition program.
A single component order is doing more for Ondas Inc. (NASDAQ:ONDS) than a firm background for drone and defense names is doing for the rest of the group. Ondas stock is at $7.
Ondas Holdings carries a valuation that rivals an established defense prime, yet its financials tell a very different story.
Drone stocks entered 2026 with rising defense demand for autonomous systems, counter-drone protection and domestic supply chains behind them, yet the best-known names in the group have spent the year moving backward.