WEST HOLLYWOOD, Calif., Feb. 17, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) today announced the execution of a $10 million Statement of Work (SOW) with a third-party vendor to develop, validate, and deploy a custom qSpeed-Mine™ cryptocurrency mining acceleration and orchestration platform. VisionWave views this SOW as the beginning of QuantumSpeed™’s transition from acquisition thesis to paid, performance-gated commercial execution. The SOW is structured as a fixed-fee, milestone-base ...

Core Insights - Ondas Inc. (ONDS) has experienced a significant decline of approximately 22% in its share price over the past month, contrasting with an 8.7% gain in the Wireless National industry [1][4] - The company is navigating a challenging start to 2026 after a transformative year in 2025, which included a pivot to autonomous systems and aggressive portfolio expansion [5][19] Financial Performance - Preliminary Q4 2025 revenues are expected to be between $27 million and $29 million, marking a 51% increase over prior targets, with a backlog of $65.3 million, up 180% from previous reports [11][13] - For 2026, Ondas has raised its revenue outlook to $170-$180 million, reflecting a 25% increase from the previous target of $140 million, which includes an estimated $30 million contribution from recent acquisitions [13][19] - The company's pro forma cash balance exceeds $1.5 billion, providing substantial financial flexibility for both organic and inorganic growth [12] Strategic Initiatives - Ondas is focusing on mergers and acquisitions (M&A) to enhance its portfolio, with over 20 acquisition targets in the pipeline, including a recent agreement to acquire Rotron Aero [9][10] - The company aims to strengthen its offerings in unmanned ground systems, robotics, and fiber optic communications through strategic partnerships and acquisitions [6][9] Market Position and Valuation - Ondas' stock is trading at a forward 12-month price-to-sales ratio of 22.25X, significantly higher than the industry average of 1.88X, reflecting its early positioning in high-growth defense autonomy markets [16] - Despite recent volatility, the company's fundamentals remain strong, supported by backlog growth and a solid balance sheet, making the current dip potentially an attractive entry point for long-term investors [19]

Core Insights - The focus on autonomous vehicles and robotics is increasing, with Tesla making headlines by shifting its production towards humanoid robots [1] - Aerovironment (NASDAQ: AVAV) is gaining attention from Wall Street insiders as its stock has dropped over 30% from its 2025 high, presenting a potential buying opportunity [2] Investment Activity - Notable billionaire investors, including John Overdeck and Ray Dalio, have recently acquired shares in Aerovironment, with Overdeck's Two Sigma hedge fund purchasing 27,327 shares for $8.6 million and Dalio's Bridgewater Associates buying 11,349 shares for $3.6 million [4] - Cathie Wood's ARK Invest has also invested in Aerovironment, with the ARK Space & Defense Innovation ETF taking a $1.6 million position and the ARK Autonomous Technology & Robotics ETF acquiring $3.9 million in shares [5] Stock Performance - Aerovironment's shares experienced a significant decline after a stop-work order on a government contract for satellite antenna systems, losing more than two-thirds of their year-to-date gains [6] - Despite a 57% gain last year, the recent pullback is viewed by some Wall Street insiders as an opportunity to buy [6]

Core Insights - Kitron has received an additional order valued at approximately EUR 5 million for advanced electronics production for autonomous systems in the defense industry, bringing the total order value from this customer to approximately EUR 12 million [1][2][3] Group 1: Order Details - The new order is in addition to a previously announced order of EUR 7 million [1] - Deliveries under the new order are scheduled to commence in the second quarter of 2026, with production taking place at Kitron's European facilities [2] Group 2: Company Positioning - This order highlights Kitron's solid and growing position in the autonomous systems industry, emphasizing the importance of fast ramp-up, scalability, high quality, and reliability [3] - The order supports Kitron's long-term growth ambitions in the Defense & Aerospace sector, further strengthening its position in this domain [3] Group 3: Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company operating in various sectors, including Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [4] - The company has operations in multiple countries and employs around 3,000 people, with revenues reported at EUR 647 million in 2024 [4]

Core Viewpoint - Ondas Inc. is experiencing significant growth in its revenue outlook and backlog, driven by strong demand for its autonomy platform and strategic initiatives [3][4][6] Financial Performance - Oppenheimer maintains an "Outperform" rating for Ondas with a raised price target from $12 to $16, reflecting confidence in the company's financial performance [2][6] - The company projects Q4 2025 revenue to be between $27 million and $29 million, a 51% increase from previous guidance [3][6] - For the full year of 2025, Ondas anticipates revenue to range from $47.6 million to $49.6 million, surpassing earlier targets by 23% [3] Backlog and Demand - Ondas' backlog has surged by 180% to $65.3 million, indicating strong demand for its autonomy platform [4][6] - The increased backlog enhances revenue visibility and supports the raised price target [4][6] Stock Performance - The current stock price of ONDS is $12.14, reflecting a decrease of approximately 5.33% [5] - The stock has fluctuated between a low of $12.12 and a high of $14.25 today, with a market capitalization of approximately $4.91 billion [5]

Core Insights - Ondas Inc. is hosting its OAS Investor Day on January 16, 2026, at 10:00 AM ET, where it will present preliminary financial results for 2025 and revenue targets for 2026 [1][4] Financial Performance - For Q4 2025, Ondas expects revenue between $27.0 million and $29.0 million, representing a 51% increase over prior targets [2] - The full-year revenue for 2025 is projected to be between $47.6 million and $49.6 million, which is 23% higher than previous estimates [2] - Ondas' estimated backlog as of December 31, 2025, is $65.3 million, a 180% increase from $23.3 million on November 13, 2025 [3] - The company's pro-forma cash balance exceeds $1.5 billion, adjusted for a recent offering of approximately $1.0 billion [3] - The revenue target for 2026 has been raised to a range of $170 million to $180 million, which is 25% higher than the previous target of $140 million [3] Company Overview - Ondas Inc. is a leading provider of autonomous systems and private wireless solutions, operating through Ondas Autonomous Systems (OAS), Ondas Capital, and Ondas Networks [8] - The company offers a combination of aerial intelligence and next-generation connectivity aimed at enhancing security and operational efficiency across various industries [8] - OAS delivers AI-powered defense and security platforms globally, protecting sensitive sites and critical infrastructure [9]

Core Viewpoint - Ondas Holdings Inc. has initiated a significant equity financing to support its expansion in autonomous systems and wireless operations [1] Offering Structure - Ondas sold a combination of common shares and pre-funded warrants to a single institutional investor, totaling 60.79 million common stock equivalents under a registered direct offering format [2] - The pricing for the offering was set at $16.45 per share package, which is approximately 17.5% above the closing stock price on January 8 [2] Capital Impact - The company anticipates gross proceeds nearing $1 billion before accounting for underwriting and transaction expenses [4] - The warrants associated with the offering could potentially generate an additional $3.4 billion if exercised for cash, with a $28 exercise price and a seven-year term [4] Strategic Plans - Ondas intends to utilize the raised capital for acquisitions, joint ventures, and internal technology investments [5] - The stock has experienced a significant increase of over 521% in the past year, indicating strong investor interest [5]

Core Insights - Ondas Holdings Inc. (ONDS) shares increased by 16.57 percent, rising $1.49 to a trading price of $10.48 after the announcement of approximately $10 million in new purchase orders [1] Group 1: Company Performance - The new purchase orders are related to the company's autonomous systems portfolio, including counter-UAS solutions for critical infrastructure operators, integrated autonomous drone systems, and robotic ground platforms for government security customers [1] - The stock opened at $9.30 and traded within a range of $9.17 to $10.33 during the session on the Nasdaq, with a trading volume of about 87.7 million shares, compared to an average volume of roughly 82.9 million shares [2] Group 2: Stock Information - The last trading price of the stock was $10.48, compared to a previous close of $8.99 [2] - The stock has experienced a 52-week trading range from $0.57 to $11.70 [3]

Core Insights - Ondas Holdings Inc. has received approximately $10 million in new purchase orders, enhancing its trajectory for 2025 across various autonomous systems [1] Group 1: Company Developments - The new orders include counter-UAS solutions aimed at critical infrastructure operators, integrated autonomous drone systems, and robotic ground platforms for government security customers [1] - The momentum is building on Ondas' expanding multi-domain autonomy portfolio and increasing international program activity [1] Group 2: Market Position - Ondas is recognized as a leading provider of autonomous aerial and ground robot intelligence through its Ondas Autonomous Systems business unit and private wireless solutions via Ondas Networks [1]

Group 1 - Ondas Holdings Inc. (NYSE:ONDS) experienced a 6.26% increase in stock price, closing at $8.99, driven by strong investor optimism and a highly optimistic outlook for 2026 [1] - The company anticipates revenues to reach $110 million in 2026, representing a 205% growth from the expected $36 million revenue for 2025 [1] - The growth is supported by the strong performance of its Ondas Autonomous Systems (OAS) business and a backlog of $23.3 million [2] Group 2 - Ondas Holdings has appointed retired Brigadier General Patrick Huston as Chief Operating Officer to enhance operational execution and integration of acquisitions [3] - Huston will also oversee legal, regulatory, compliance, and corporate governance functions, which are crucial for the company's engagement with US and allied government customers [4]