Ondas stock news
Ondas Holdings Inc. (NASDAQ: ONDS) has successfully completed its merger with Mistral Inc., a U.S.--based defense prime contractor, in a transaction valued at $175 million. The acquisition provides Ondas with established domestic manufacturing infrastructure and direct access to U.S. Army and Special Operations Command (SOCOM) contract vehicles. This strategic merger, alongside the recent acquisition of World View Enterprises, has elevated the company’s pro forma backlog to $457 million as of March 31, 2026, significantly enhancing revenue visibility and supporting a raised 2026 revenue target of at least $375 million.