Ondas Holdings Corp. stock climbed about 4.5% in pre-open trading after the company and Palantir Technologies revealed the formation of Regna AI, a private entity initially fully owned by Ondas focused on developing and deploying mission-tailored artificial intelligence models for defense and security use cases.
Under the arrangement, Ondas will act as Regna AI’s first customer, integrating the models to enable autonomous mission orchestration across its current product lineup. Palantir’s contribution will be limited to providing model-training infrastructure and engineering support; the company will not take an ownership position at Regna AI’s launch.
The announcement formalizes an expansion of a relationship that already included collaboration on the SkyWeaver C4I platform, an open-architecture system that combines layered surveillance capabilities. According to the companies, Regna AI’s models are engineered to operate on edge devices such as drones, stratospheric balloons, ground vehicles, and command-and-control nodes, including in scenarios where connectivity is denied or degraded.
Ondas’ chief executive, Eric Brock, emphasized the venture’s sovereign-AI focus, stating: "No government should have to build its AI strategy on models or data infrastructure it does not control." That comment framed the new venture as a way for customers to retain control over models and data infrastructure.
The Regna AI news landed against a quiet broader market backdrop. In pre-market trading, the S&P 500 was roughly flat while the Nasdaq was slightly lower, indicating that Ondas’ gains were driven largely by company-specific developments rather than general market strength.
Investor sentiment toward Ondas had already been bolstered in recent weeks by operational and financial developments. The company disclosed it has won more than $165 million in new defense orders since late August and raised its 2026 revenue guidance to a range of $525 million to $550 million. Analysts' consensus on Ondas heading into the announcement remained a Strong Buy.
Market participants have interpreted the combination of Regna AI and a growing defense order book as a notable strategic inflection for Ondas in autonomous defense systems and sovereign AI capabilities. That reassessment appears to have provided a timely catalyst for the pre-market rally, pushing the stock higher during an otherwise subdued U.S. equities session.
Summary
Ondas rose in pre-market trading after announcing Regna AI, a privately held company initially owned by Ondas to build mission-specific AI models for defense and security, with Palantir providing training infrastructure and engineering support but no ownership stake at launch. The move, together with a substantial new defense order pipeline and a raised 2026 revenue target, has given investors a clear, company-specific reason to revalue Ondas’ strategic position.
Key points
- Regna AI is a new private company initially wholly owned by Ondas that will develop mission-specialized AI models for defense and security applications.
- Palantir will supply model-training infrastructure and engineering support to Regna AI but will not take an ownership stake at launch.
- Ondas has secured more than $165 million in new defense orders since late August and has raised its 2026 revenue target to $525 million–$550 million; the analyst consensus rating is Strong Buy.
Risks and uncertainties
- Market reaction may be concentrated on company-specific news rather than broad market trends, which could amplify volatility in Ondas stock during quiet sessions for equities.
- The scope and timeline for deployment of Regna AI models across Ondas’ platforms are not specified, leaving execution risk around integration and operational performance.
- The announcement notes Palantir will not take an ownership stake at launch, which leaves future governance and partnership terms uncertain.
Tags: Ondas, AI, Defense, Palantir, Regna