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Ondas stock jumps 4% on new AI venture with Palantir, while Red Cat's drone debut sees little market reaction.

Market News
12 Oct 2026
24/7 Wall Street
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Bullish
Ondas stock jumps 4% on new AI venture with Palantir, while Red Cat's drone debut sees little market reaction.

Ondas Inc. stock rose 4% following the announcement of Regna AI, a new AI venture powered by Palantir Technologies, aimed at delivering specialized AI models for autonomous defense systems. This partnership enhances Ondas' software capabilities, potentially expanding its market beyond its existing autonomous platforms. In contrast, Red Cat Holdings' stock remained flat despite unveiling its new TRICHON drone, as the product debut lacked accompanying contracts or orders. Investors are watching for future customer announcements for Regna AI and order confirmations for Red Cat's TRICHON to gauge further stock movements.

Ondas Inc. shares are up 3.42% at USD 6.96 on Pluang as of Oct 12, 2026 20:41 WIB, reflecting investor interest in its new AI venture. Palantir Technologies, powering Regna AI, also gained 1.58% to USD 212.36. Ondas' market cap stands at $3.92B with a typical hold time of 2 days, showing active trading in the technology sector.

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