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Ondas Receives $15.8 Million Initial Order, Part of $30 Million Demining Program Secured by 4M Defense in Israel
Contract includes the potential for an additional $30 million in follow-on phases over the coming years, representing up to $60 million program value4M
About this update from Ondas Inc
[{"type":"text","content":"Contract includes the potential for an additional $30 million in follow-on phases over the coming years, representing up to $60 million program value4M Defense will utilize its advanced autonomous robotic systems, aerial drones, and advanced sensing technologies to demine 740 acres along the Israel-Syria border WEST PALM BEACH, FL / ACCESS Newswire / March 10, 2026 / Ondas Inc. (NASDAQ:ONDS) (\"Ondas\" or the \"Company\"), a leading provider of autonomous aerial and ground robot intelligence through its Ondas Autonomous Systems (OAS) business unit and private wireless solutions through Ondas Networks, today announced that its subsidiary 4M Defense has received the first operational order under the previously announced large-scale multi-year demining program in Israel.The initial order, valued at approximately $15.8 million, marks the first phase of execution under the national land-clearance initiative awarded to 4M Defense following a competitive tender valued at over $30 million. The project will be implemented based on defined milestones, with an initial execution period of up to three years and includes options for extensions and scope expansion as the program progresses.The contract also includes the potential for up to an additional $30 million in follow-on phases over the coming years, effectively doubling the total potential value of the program as additional project phases are authorized.\"We are pleased to begin execution of this important national demining project and to see the first order issued under the program,\" said Eric Brock, Chairman and CEO of Ondas. \"Large-scale land clearance operations are increasingly benefiting from advanced robotics, autonomous systems, and aerial mapping technologies that improve safety and efficiency. This program highlights how innovative technologies can transform demining operations while addressing complex security and environmental challenges. We believe the capabilities developed by 4M Defense position Ondas to support similar initiatives globally.\"The program focuses on clearing legacy minefields and unexploded ordnance across areas along the Israel-Syria border, covering approximately 3,000 dunams (approximately 740 acres) of hazardous terrain. The project will utilize autonomous robotic systems, aerial drones, and advanced sensing technologies to map, detect, and safely n...