# ONDS Catalyst Timeline (Jan 29, 2026)

## 🔥 Imminent & High Impact
| Date | Event | Impact | Status |
|------|-------|--------|--------|
| **Jan 28** | **DoD "Blue List" Approval** | 🚀 **Extreme** | **Confirmed**. Optimus Drone approved for US Gov use. Unlocks huge TAM. |
| **Jan 31** | **Border Contract PO** | 🚀 **High** | **Pending**. Initial PO for border protection system expected within Jan. |
| **Mar 11** | **Q4 2025 Earnings** | 🟡 Medium | Estimated. Revenue guidance raised on Jan 16. |

## 📅 Summary
- **Blue List Confirmed**: The biggest regulatory hurdle is cleared. This validates the tech for defense usage.
- **Contract Watch**: All eyes are now on the **Border Protection Contract**. With Blue List approval, the PO is likely imminent (days away).
- **Revenue Outlook**: FY2026 guidance raised to $180M (from $170M).

## 🚦 Trade Implication
- **Bullish Confirmation**: The Blue List news is the "smoking gun" for the bull case.
- **Next Leg Up**: The stock should price in the specific monetary value of the upcoming border contract once announced.