🟢 Xos is trading 102.33% up today after winning first U.S. Air Force prototype contract

Xos is trading at $4.24, up 102.33%, after announcing on August 17, 2026, that it won a U.S. Air Force prototype OTA to develop and deliver a ruggedized Xos Hub mobile charging system.

• First U.S. Air Force contract marks Xos’s entry into defense markets and expands it beyond commercial electric vehicles into military energy infrastructure.
• The award appears to be driving the sharp re-rating; the broader market is lower, so sentiment does not explain the gain.
• Recent earnings guidance cut remains a countervailing risk, with 2026 revenue guided to $35–$43 million.