Ondas Inc (ONDS) Short Float Exceeds 30%, Should You Buy or Short?
Key takeaways
- Ondas Inc (ONDS) Short Float Exceeds 30%, Should You Buy or Short?
- (NASDAQ:ONDS) announced that its subsidiary World View Enterprises has secured a $4.8 million, three-month contract with the US Naval Forces Southern Command and defense technology firm SMX.
- Moreover, this contract is based on the previous contracts under which World View showcased how stratospheric platforms can support real-time maritime surveillance and AI-enabled analytics.
Ondas Inc (ONDS) Short Float Exceeds 30%, Should You Buy or Short? Talha Qureshi Mon, June 8, 2026 at 11:15 PM GMT+7 2 min read ONDS Ondas Inc. (NASDAQ:ONDS) is one of the AI Bubble Stocks to Short Now According to Reddit. The stock’s short float exceeds 31%; however, analysts’ 12-month average price target suggests more than 67% upside from the current levels.
Recently, on June 2, Ondas Inc. (NASDAQ:ONDS) announced that its subsidiary World View Enterprises has secured a $4.8 million, three-month contract with the US Naval Forces Southern Command and defense technology firm SMX. Management noted that the project includes deploying high-altitude balloon systems to support counter-narcotics operations and combat illegal fishing across the Eastern Pacific and Caribbean.
As per the contract, the subsidiary of Ondas will provide intelligence surveillance and reconnaissance from the stratosphere, allowing military operators wide-area visibility across vast and complex maritime environments. Moreover, this contract is based on the previous contracts under which World View showcased how stratospheric platforms can support real-time maritime surveillance and AI-enabled analytics.