Ondas (ONDS) announced that its subsidiary, 4M Defense has received an $10M order as part of the recently announced $50M demining program related to the $1.7B Eastern Border Security Barrier initiative led by the Israeli Ministry of Defense. The award represents the initial phase of execution under the recently announced tender and expands Ondas’ active demining operations. The contract is part of a broader border security initiative led by the Israel Ministry of Defense, where large-scale land clearance is required to support the development of new infrastructure along Israel’s eastern border, including the evacuation of legacy minefields to enable construction of a new security fence system.
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