Represents an additional order for Ondas' Mistral Inc. under a previously awarded $982 million multi-year IDIQ supporting the U.S. Army's Lethal Unmanned Systems (LUS) program

Order strengthens Ondas' position in the U.S. Defense Market and demonstrates continued execution of Its defense growth strategy

Ondas is currently producing systems for delivery in the third quarter under the initial $190.8 million order for the LUS program

WEST PALM BEACH, FL / ACCESS Newswire / August 5, 2026 / Ondas Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous systems and next-generation defense and security technologies, announced today that its U.S.-based defense prime contractor, Mistral Inc., has received an over $50 million order from the U.S. Army for tactical Lethal Unmanned Systems (LUS). The order was issued under a previously awarded $982 million multi-year Indefinite Delivery, Indefinite Quantity ("IDIQ") contract supporting the U.S. Army's Lethal Unmanned Systems (LUS) program. Combined with the initial $190.8 million award under the LUS program, Mistral's total awards to date exceed $240 million.

The award represents an important expansion of Ondas' position in the precision-strike market. Together with Ondas' DZYNE and Rotron, Mistral strengthens Ondas' ability to develop, integrate, and deliver a broader portfolio of precision-strike solutions across multiple ranges, missions, and operational environments. Precision-strike is a rapidly growing segment of the global defense industry driven by increasing demand for accurate, responsive and deployable strike capabilities. The order also demonstrates the strategic rationale behind Ondas' acquisition of Mistral. Mistral provides Ondas with established access to major U.S. defense programs, long-standing customer relationships, prime-contractor capabilities and the infrastructure required to execute large, complex government programs.

"This order moves Ondas deeper into the precision-strike market, where demand from the U.S. Department of War and allied forces continues to accelerate," said Eric Brock, Chairman and CEO of Ondas. "Our focus now is on execution. Mistral is already producing systems for delivery beginning in the third quarter of 2026 under the initial LUS order, and this new award extends that production runway on the same Army contract vehicle. Our expanding operating footprint in the United States makes Ondas increasingly well positioned to compete for and execute large, multi-year programs like this one."

Mistral's established position within the U.S. defense ecosystem complements Ondas' growing portfolio of autonomous technologies, mission-planning capabilities, unmanned systems and advanced defense solutions. Ondas believes this combination creates opportunities to participate in a broader range of defense programs and to support customers across the full operational mission cycle, including intelligence and surveillance, target identification, mission planning, autonomous operations, precision strike and post-mission assessment. The award represents continued execution under the multi-year U.S. Army contract vehicle and provides Ondas with increased visibility into future production, integration, training and sustainment activity.

Ondas expects demand for tactical precision-strike and loitering-munition capabilities to continue expanding as the United States and allied defense forces prioritize distributed, autonomous and rapidly deployable systems. The order further demonstrates Ondas' strategy of combining differentiated technologies with established defense businesses that bring market access, customer relationships, manufacturing capacity and large-scale program-execution capabilities

About Ondas Inc.

Ondas Inc. (NASDAQ:ONDS) is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure, and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms across air, ground, and stratospheric environments, including autonomous drone systems, counter-UAS technologies, robotic ground systems, advanced unmanned aircraft and propulsion solutions, demining and engineering systems, and integrated sensing and communications technologies designed to support intelligence, surveillance, reconnaissance, security, and operational missions in complex environments. Ondas' solutions are deployed globally by government, defense, and commercial customers to protect infrastructure, borders, transportation networks, personnel, and strategic assets.

For additional information on Ondas Inc., visit www.ondas.com.

Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

Contacts

IR Contact for Ondas Inc.
888-657-2377
ir@ondas.com

Media Contact for Ondas Inc.

Escalate PR
ondas@escalatepr.com

Preston Grimes
Marketing Manager, Ondas Inc.
preston.grimes@ondas.com

SOURCE: Ondas Inc.

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