Overview
- Shares rose about 8% as investors refocused on a higher 2026 sales goal and a new deal after an initial drop of roughly 6% following the earnings release.
- Quarterly revenue reached $30.1 million, up 629% year over year, while the company posted a $101 million net loss and a $9.9 million adjusted EBITDA loss.
- Management guided full-year 2026 revenue to at least $375 million and set first‑quarter sales at $38–$40 million versus a $28.37 million analyst estimate, with near‑term losses expected to widen before margins improve later in the year.
- Backlog grew to $68.3 million from $20.3 million the prior quarter and total liquidity topped $1.5 billion when combining year‑end cash with capital raised in January.
- Ondas agreed to buy stratospheric sensing firm World View for $150 million mostly in stock, added prior deals for Rotron and INDO, partnered with Palantir to use its Foundry software in drones, and faced scrutiny over a $102 million non‑cash warrant revaluation and the potential share overhang from registered resale of acquisition stock.