Ondas Holdings Inc. (ONDS) stock is soaring 5.35% in pre-market trading on Tuesday, following the announcement that the company has completed its acquisition of Sentrycs, an Israel-based leader in counter-UAS cyber technology. This strategic move has evidently sparked investor enthusiasm, driving the stock's significant uptick.
The acquisition of Sentrycs is set to broaden Ondas Holdings' product portfolio within the Counter-UAS (Unmanned Aircraft Systems) segment. It also expands the company's global reach to defense, public safety, and security agencies in over 25 countries. Sentrycs' Cyber-Over-RF platform will become a core element of Ondas' counter-UAS offerings, complementing the existing Iron Drone Raider's autonomous interception capabilities. This integration is expected to create a comprehensive, layered counter-UAS platform aimed at protecting critical infrastructure and dense urban environments worldwide.
This development comes on the heels of a period of commercial momentum for Ondas Holdings, including record revenue and new contracts. The completion of the Sentrycs acquisition underscores the growing demand for advanced drone defense solutions and positions Ondas Holdings as a key player in this expanding market. Investors appear to be responding positively to the company's strategic growth initiatives, as reflected in the pre-market stock surge.