Ondas Shares Trade as Defense Push Crosses With Resale Moves
Ondas shares closed down 3.15% at $9.21 after launching new autonomous defense systems at Eurosatory 2026, as investors weighed a June 15 filing covering the resale of 6,070,948 shares tied to recent acquisitions; Ondas will not receive proceeds, raising near-term risk of stock overhang even as the company touts $110 million in Q2 orders and a $457 million backlog.