Ondas (ONDS): 4M Defense Gets First Operational Order

Ondas Inc. (NASDAQ:ONDS) is one of the 12 Most Shorted Stocks to Buy in 2026. On March 10, the company announced that its subsidiary, 4M Defense, got the first operational order under the large-scale multi-year demining program in Israel. The initial order, pegged at ~$15.8 million, is the first phase of execution under the national land-clearance initiative that has been awarded to 4M Defense after the competitive tender valued at more than $30 million.

Ondas (ONDS): 4M Defense Gets First Operational Order

The project is expected to be implemented on the basis of defined milestones. The initial execution period is up to 3 years and has options for extensions and scope expansion as and when the program moves ahead. Ondas Inc. (NASDAQ:ONDS) also noted that the contract has the potential for an additional $30 million in follow-on phases, reflecting up to $60 million program value.

In a separate release, Austin Bohlig, an analyst from Needham, reiterated a “Buy” rating on Ondas Inc. (NASDAQ:ONDS)’s stock. The associated price target was $17.00. The rating is backed by several factors, most critical being the company’s agreement to acquire Mistral Inc.

We recently covered that Ondas (ONDS) invests $10M in World View for Stratospheric ISR Solutions, you can read that update here.

Ondas Inc. (NASDAQ:ONDS) offers private wireless, drone, and automated data solutions.

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