Ondas Inc.

(NASDAQ:ONDS) shares are trading higher by more than 1% on Tuesday as the company is selected to build next-generation military tactical attack drones for Israel.

This positive movement comes despite a slight decline in the broader Technology sector, which is down 0.1%, and a marginal loss of 0.3% in the S&P 500.

Ondas Wins Israel Tactical Attack Drone Program Ondas has been awarded a multi-million-dollar strategic program called "Digital Bat," to develop and produce next-generation tactical attack drones.

This initiative is expected to leverage advanced software to enhance Israel's military capabilities.