Ondas Falls 5% Despite $165 Million in New Orders; AeroVironment and Red Cat Drop 5%
Ondas Inc. (ONDS) announced $165M in new orders, bringing total bookings to $270M, but its stock fell 5% to $7.03 amid a sector-wide selloff. Peers AeroVironment (AVAV) and Red Cat Holdings (RCAT) also dropped 5%. Ondas' orders span geographies and programs, with CEO Eric Brock citing increasing demand and validation milestones.





