Key facts
- Ondas (ONDS) secured over $30 million in new orders in May.
- Ondas (ONDS) secured a $4.8 million maritime contract.
- The new contract is expected to positively impact the company's near-term performance.
Ondas (ONDS) reported securing over $30 million in new orders during May. The company is now experiencing a rebound following a weekly pullback, spurred by a significant maritime contract valued at $4.8 million. This contract is expected to positively impact the company's performance in the near term.