$Ondas(ONDS.US)Below is the **original translation** (converted to English, preserving the original meaning and tone) and **analysis** of the X post (https://x.com/Unclestocknotes/status/2018947212395368772) you provided.

### Original Translation (English)

Shortlist for the U.S. Department of Defense's "Drone Dominance Program (DDP) Phase 1."

This list targets the bidding for "low-cost, attritable, one-way attack drones" (code name: The Gauntlet).

Uncle's drone four-piece list verification results:

#KTOS (Kratos Defense):

On the list. Confirmed that its subsidiary Kratos SRE is selected.

Kratos usually makes large target drones (Valkyrie). This time, making it into the "small, low-cost" list shows its successful technology transfer.

#RCAT (Red Cat Holdings):

✅ On the list.

Its subsidiary Teal Drones is selected. This is a super positive for RCAT. Its FANG drone series is designed for this kind of "individual soldier attack," perfectly matching the requirements of this bid.

#AVAV (AeroVironment):

❌ Not on the list (Phase 1).

The focus of this DDP Phase 1 is "extremely low cost (under $5,000)." AVAV's Switchblade costs over $50,000 per unit, too expensive to fit the "consumable" definition. AVAV belongs to high-end precision strikes.

ONDS (Ondas Holdings):

❌ Not on the list itself.

✅ PDW (Performance Drone Works) is on the list!

ONDS has indeed invested in PDW. In November 2025, Ondas announced a $35 million strategic investment in PDW.

ONDS is the "hidden winner" of this game. It doesn’t have to jump into the hardware price war itself. As long as PDW wins the contract, ONDS can benefit from investment returns and technical collaboration (providing wireless communication technology).

This list reveals the DoD's new strategy: "They don’t want Ferraris (AVAV); they want 100,000 cheap Toyotas (RCAT, PDW)."

Most direct beneficiary (Beta): #RCAT. It’s the purest listed company on the list, and its stock will be most sensitive to this news.

Steady choice (Alpha): #KTOS. Plays both big and small, flexible in offense and defense.

Recommendation: Keep an eye on the test results in early March (The Gauntlet), which will determine who gets the first $150 million order.