Key Takeaways
- Sentrycs, a subsidiary of Ondas, has forged a partnership with Lockheed Martin to embed its Cyber-over-RF counter-UAS technology into Lockheed’s advanced Sanctum defense system.
- The Cyber-over-RF solution identifies, monitors, and neutralizes rogue drones without jamming signals or interfering with surrounding wireless infrastructure.
- Lockheed’s Sanctum platform leverages artificial intelligence, cloud-based data integration, and flexible design to counter aerial threats such as coordinated drone attacks.
- Despite the partnership news, ONDS stock fell approximately 3.70% to about $8.56 during premarket hours; Lockheed Martin (LMT) shares ticked up modestly to roughly $494.90.
- The company disclosed more than $150 million in second-quarter orders and recently finalized a deal to purchase Cyberhawk for approximately $125 million.
Shares of Ondas Holdings (ONDS) stock declined about 3.70% to approximately $8.56 during Tuesday’s premarket session, despite unveiling a significant counter-drone partnership with defense giant Lockheed Martin (LMT).
The agreement brings together Sentrycs, an Ondas subsidiary, and Lockheed Martin to incorporate Sentrycs’ proprietary Cyber-over-RF technology into Lockheed’s Sanctum Counter-UAS defense system. Meanwhile, Lockheed Martin shares rose marginally to approximately $494.90 in early trading.
The Sanctum platform is engineered to safeguard military personnel, homeland security missions, and vital infrastructure from unmanned aerial threats, including coordinated drone swarms. Its capabilities stem from artificial intelligence, cloud-based sensor fusion, and adaptable defense modules.
Sentrycs’ Cyber-over-RF approach operates at the drone’s communication protocol level. This allows the system to detect, classify, monitor, and assume control of hostile drones — all without signal jamming or physical interception.
Operators can direct threatening drones to safe landing zones while preserving the integrity of nearby communications networks and infrastructure. This presents a more refined alternative to conventional electronic warfare jamming techniques.
Matt Bahnemann, Senior Manager of Program Management at Lockheed Martin, noted that incorporating this technology “expands the layered sensing and response options available to operators” while bolstering Sanctum’s capacity to address emerging airborne threats.
Eric Brock, Chairman and CEO of Ondas, emphasized that the partnership merges Lockheed Martin’s adaptable defense framework with Sentrycs’ detection and mitigation capabilities to deliver tangible operational effectiveness against evolving aerial dangers.
Recent Strategic Developments at Ondas
The Lockheed Martin collaboration represents just one element of Ondas’ aggressive expansion strategy. In June alone, the company captured more than $40 million in fresh defense contracts, propelling total second-quarter order volume beyond $150 million.
These contracts encompass autonomous defense technologies including Counter-UAS capabilities and Loitering Munition Systems.
Ondas also disclosed a binding agreement to purchase Cyberhawk, which specializes in drone-based inspection services and AI-powered asset intelligence, in a transaction valued at roughly $125 million. Financing will consist predominantly of cash, representing approximately 95% of the purchase price.
Earlier this year, the company completed acquisitions of Omnisys Ltd. and World View Enterprises Inc., subsequently filing an SEC prospectus supplement covering the potential resale of more than 3.1 million shares associated with these deals.
Financial Performance and Market Valuation
Ondas reported explosive revenue growth of 793% year-over-year in the first quarter of 2026, while the stock has soared 522% over the trailing twelve-month period leading up to Tuesday’s decline.
Shares had reached $9.27 at Monday’s close before the premarket retreat. The company currently commands a market capitalization of approximately $4.51 billion.
According to InvestingPro analysis, the stock appears overvalued when measured against its calculated Fair Value.
Both organizations indicated that the Sentrycs-Sanctum partnership addresses increasing market requirements for adaptable, multi-layered counter-drone capabilities as unmanned aerial threats become more sophisticated.
