Ondas Holdings Inc. saw its stock price increase 8% following an announcement that its subsidiary Sentrycs has secured a contract to supply counter-drone technology to German State Police. The agreement covers the deployment of handheld counter-unmanned aircraft systems for securing large-scale public events and sensitive law enforcement operations, marking a significant entry into the European market for the company's defense capabilities.
The contract win underscores growing demand for counter-drone solutions across Europe, where law enforcement and homeland security agencies are increasingly addressing threats posed by unauthorized unmanned aircraft. Ondas identified a $9.8 billion addressable market for handheld counter-UAS systems over the next five years, spanning defense, law enforcement, and homeland security applications across the continent.
The German State Police deployment represents a key validation of Sentrycs' technology in a major European market and positions Ondas to capture additional opportunities within the region's expanding counter-unmanned aircraft systems sector.