Ondas Holdings Inc (NASDAQ:ONDS) shares climbed 6% in premarket trading on Thursday following the announcement of an initial 500-unit order of Wåsp drones from Rift Dynamics, intended to support U.S. defense distribution through Ondas’ American Robotics subsidiary.
The Wåsp drone is described as a combat-ready, NDAA-compliant, attritable system designed to meet increasing demand from the U.S. Department of War for “mass affordable” strike and perimeter defense platforms. Production will be handled by Kitron, a defense electronics manufacturer with facilities in the United States.
“This first 500-unit order marks the beginning of a scalable program to deliver affordable, operationally effective attritable drone systems to U.S. defense customers,” said Eric Brock, Chairman and CEO of Ondas Holdings. The company added that Kitron’s distributed manufacturing network could scale production to more than 20,000 units per month worldwide within six months of order placement.
Through its Ondas Autonomous Systems and Ondas Networks units, Ondas is also a strategic investor in Norway-based Rift Dynamics. The company expects initial Wåsp deliveries in the fourth quarter of 2025 and is actively pursuing additional Department of War program bids.
Knut Roar Wiig, CEO of Rift Dynamics, stated that partnering with Ondas “allows us to introduce this capability to the U.S. defense market at a critical moment of need.”
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