Ondas Inc. has finalized a $175 million merger with Mistral Inc., significantly improving its access to U.S. Army and Special Operations contracts and aligning with its strategy to engage more directly in government programs. Despite reporting a net loss of $133 million, the company has raised its 2026 revenue forecast to at least $375 million and continues to be rated as a 'Strong Buy' by analysts. Ondas's strong cash position of over $1.4 billion offers financial stability as it navigates the challenges ahead.
“Ondas Inc. · has strengthened its ability to meet · procurement requirements associated with domestic manufacturing, supply chain security, and long-term sustainment”