Ondas Holdings Inc. (NASDAQ: ONDS) is a technology company that focuses on providing wireless data solutions and drone services. Its subsidiary, American Robotics, plays a significant role in the drone industry. Ondas competes with other tech companies in the wireless and drone sectors, aiming to innovate and expand its market presence.

On October 6, 2025, H.C. Wainwright set a price target of $12 for ONDS, as highlighted by TheFly. At that time, the stock was priced at $9.91, suggesting a potential upside of 21.09%. This bullish outlook reflects confidence in Ondas's strategic moves and market potential.

Ondas's subsidiary, American Robotics, will exclusively distribute the Wåsp drone platform in the U.S. This platform meets the U.S. Department of War's needs for affordable, attritable systems. The Wåsp drones comply with the National Defense Authorization Act (NDAA) and are produced through Kitron's global network, ensuring scalable production.

Ondas has ordered 500 Wåsp drones to start U.S. distribution. These combat-ready drones meet the U.S. Department of War's demand for cost-effective defense solutions. This strategic move could enhance Ondas's market position and contribute to the stock's potential growth.

Currently, ONDS is priced at $9.91, showing a 7.60% increase. The stock has ranged from $9.19 to $10.28 today, with $10.28 being its highest in the past year. The lowest price in the past year was $0.57. ONDS has a market cap of $3.24 billion, with a trading volume of 72.85 million shares.