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Ondas Holdings Sees Record Revenue Amid Deepening Losses

August 16, 2026

2 min read

Key Takeaways

Ondas Holdings reports record revenue of $83.8 million in Q2 2025.
Net loss widens to $89.7 million despite 13x revenue growth.
Backlog reaches $757 million, with $11 billion strategic pipeline.
Company secures multiple military contracts and closes Cyberhawk acquisition.

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Strategic Implications

Ondas Holdings' growing backlog and strategic pipeline may indicate a strong market position in the defense-tech sector, but deepening losses suggest the company could face challenges in achieving sustained profitability, which may impact investor confidence and the company's ability to execute on its growth plans.

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What Happened

Defense Tech Firm Balances $757 Million Backlog With Widening Net Loss

Ondas Holdings has announced record quarterly revenue of $83.8 million, a 13x increase year-over-year, but also reported a widening net loss of $89.7 million. The company’s backlog has grown to $757 million, with a strategic pipeline exceeding $11 billion. Recent contract wins include a multi-million-dollar deal with the Israeli Ministry of Defense and a $50 million order from the US Army. The company has also closed its acquisition of Cyberhawk, a drone-based inspection and AI platform. This news was first reported by an unknown source.

Source | Originally Published: August 16, 2025

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