Ondas (ONDS) stock is in focus on Tuesday morning after the company announced a definitive agreement to acquire Israeli defense manufacturer Aran Defense Ltd. The $33 million agreement brings a high-growth business that expanded from $12 million in 2024 to $17 million last year under ONDS’s umbrella.
The announcement arrives at a time when Ondas shares are regaining investor interest, currently up more than 35% versus their July low.
