During the first half of February, the stock market witnessed a significant move in the defense technology sector. Shares of Ondas Inc. (NASDAQ: ONDS) rose more than 15%, breaking through the psychological resistance level of $11 per share. Trading volume was heavy, exceeding 100 million shares multiple times, indicating strong interest from both retail investors and large institutions.
The most immediate catalyst for this rally was a headline-grabbing announcement: the company’s subsidiary, Sentrycs, secured a contract with the German State Police. This deal involves deploying advanced counter-drone technology to protect the airspace over German cities and critical infrastructure.
