Ondas Inc. secured more than $30 million in new orders during May. This brings total bookings for the second quarter-to-date to over $110 million. The orders span the company's defense, security, and autonomous technology platforms.
The company reports a proforma backlog of $457 million. This follows first-quarter revenues of $50.1 million. New business includes Air Defense, C-UAS solutions, loitering munitions, ISR systems, and robotic defense systems.
CEO Eric Brock stated the momentum validates the company's strategic growth plan. These orders increase visibility into future opportunities across defense and critical infrastructure markets.