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Ondas shares soar 972% as it transforms into a $5.26B defense tech platform with major acquisitions.

Market News
18 May 2026
24/7 Wall Street
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Bullish
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Ondas Holdings has rapidly evolved from a niche drone software firm into a major defense technology platform, driving its shares up 972% in a year and reaching a $5.26 billion market cap. The company made six strategic acquisitions in 2026, expanding into unmanned ground vehicles, counter-drone systems, AI land intelligence, stratospheric surveillance, prime defense contracting, and battlefield command software. Q1 revenue jumped tenfold to $50.12 million, with full-year guidance raised to at least $390 million and a pro forma backlog of $457 million. Despite current losses and cash burn, Ondas plans profitability by 2028 and aims to execute a $4.3 billion program pipeline over two years, backed by over $1 billion in cash and strong financing.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Ethereum breaks $1,900 resistance, fueled by strong buying and short liquidations

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Technical Signals
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Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

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Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, ...

Market News
Bullish
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Ethereum surges 11% in a week, driven by strong ETF inflows and Robinhood Chain activity.

Ethereum surges 11% in a week, driven by strong ETF inflows and Robinhood Chain activity.

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4 hours ago
XRP Ledger hits 8M activated accounts despite drop in daily active users

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The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...

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Neutral
4 hours ago
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