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Ondas (ONDS): 4M Defense Gets First Operational Order
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Ondas Inc. (NASDAQ:ONDS) is one of the 12 Most Shorted Stocks to Buy in 2026. On March 10, the company announced that its subsidiary, 4M Defense, got the first operational order under the large-scale multi-year demining program in Israel. The initial order, pegged at ~$15.8 million, is the first phase of execution under the national land-clearance initiative that has been awarded to 4M Defense after the competitive tender valued at more than $30 million. The project is expected to be implemented on the basis of defined milestones. The initial execution period is up to 3 years and has options for extensions and scope expansion as and when the program moves ahead. Ondas Inc. (NASDAQ:ONDS) also noted that the contract has the potential for an additional $30 million in follow-on phases, reflecting up to $60 million program value. In a separate release, Austin Bohlig, an analyst from Needham, reiterated a “Buy” rating on Ondas Inc. (NASDAQ:ONDS)’s stock. The associated price target was $17.00. The rating is backed by several factors, most critical being the company’s agreement to acquire Mistral Inc. We recently covered that Ondas (ONDS) invests $10M in World View for Stratospheric ISR Solutions, you can read that update here. Ondas Inc. (NASDAQ:ONDS) offers private wireless, drone, and automated data solutions. While we acknowledge the potential of ONDS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts. Disclosure: None. Follow Insider Monkey on Google News.