QUICK SPARK: Citizens Turns Bullish on Ondas Stock

Citizens initiated coverage of Ondas Inc. (NASDAQ: ONDS) with an Outperform rating, highlighting its position in four high-growth submarkets within autonomous systems. Ondas secured a $56 million defense contract for Electronic Safe & Arm Devices, marking its first major defense order since acquiring GATE Technologies and Bron Technologies. Additionally, Ondas acquired three defense businesses—Insignito, Ottopia Defense, and Caribou Labs—for $56 million, with potential earnouts of up to $32 million. Following these developments, Ondas' stock rose 2.76% to $7.44.