$ONDS Ondas' 4M Defense wins tender for large-scale border demining program

Apr 06, 2026
Ondas (ONDS) announced on Monday that its subsidiary, 4M Defense, has won a competitive tender for a large-scale demining project along a strategic border region, with near-term and follow-on orders expected to represent over $50M in program value.
The company stated that the project is in addition to Ondas' previously announced $30M demining program with additional potential for hundreds of millions of dollars for future border security systems implementations.
The project will be executed by 4M Defense and represents the initial phases of a broader $1.7B national initiative led by the Israel Ministry of Defense, known as the Eastern Border Security Barrier, to upgrade the eastern border through the development of advanced technological infrastructure.
The initial scope includes extensive mine clearance with AI-enabled advanced robotic systems and operations across a wide and complex terrain, forming a critical first step in preparing the area for construction and deployment activities, the company said. "The program includes significant expansion potential beyond the expected $50M in demining operations in addition to significant potential for other defense technologies related to border protection," it added.
ONDS +1.35% premarket to $9.73.
Source: Press Release