ONDS stock set for best month on $175 mn Mistral acquisition

Ondas (ONDS) targets its best month of 2026, up nearly 20% after completing a $175 million Mistral acquisition. The deal adds $264 million to its $457 milllion backlog, aiding its shift to a defence prime contractor. The firm raised its 2026 revenue target to at least $375 million. Shares dipped slightly in premarket trade.