Ondas' Cyberhawk Wins Multi-Year SSE Contract, Adds Offshore Wind Inspection
ONDS sits 54% above its 52-week low of $4.95.
Summary
Cyberhawk, an Ondas subsidiary, secured a new three-year agreement with SSE plc for drone inspection and surveying across its UK transmission and distribution networks, with an option to extend two more years. The deal also adds offshore wind turbine inspection, expanding Cyberhawk's scope into SSE's renewable assets. This is the third consecutive long-term award in a relationship spanning over a decade, and it includes a renewed multi-year iHawk as a Service agreement. The contract reinforces Ondas' recurring revenue base in critical infrastructure inspection, though financial terms were not disclosed. The announcement follows a series of acquisitions by Ondas in 2026, including Cyberhawk itself, as the company builds out its autonomous systems portfolio.
At the time of this announcement, ONDS was trading at $7.62 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $4.4B. The 52-week trading range was $4.95 to $15.28. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: ACCESS Newswire.