Ondas Holdings reported record first-quarter 2026 revenue of $50.1 million. Revenue increased 1,065% year-over-year, driven by strong demand for counter-drone systems. The company raised its full-year 2026 revenue guidance to at least $390 million. The current order backlog stands at $457 million. Stock volatility continues as investors evaluate the company's rapid growth and path to profitability.
Ondas also launched Iron-Wave, a new modular robotic ground system. The platform integrates multiple unmanned units under a centralized control hub. This system marks the company's entry into the modular ground robotics market. Iron-Wave features sensing, surveillance, and counter-UAS payloads to meet demand for comprehensive security solutions.