Expanding foothold in Israel, Ondas acquires three more defense tech companies
Ondas said the deal is intended to strengthen its “systems‑of‑systems” approach, combining sensing, connectivity, navigation, and autonomy across aerial and ground systems
Ondas, a U.S. defense technology firm, is bolstering its presence in Israel by acquiring three additional defense tech companies for a combined sum of $56 million. The acquisitions, which come as part of Ondas' strategy to bolster its "systems-of-systems" approach, will bolster its autonomous defense systems platform by incorporating resilient communications, remote control for unmanned systems, and navigation and communication capabilities in GPS-denied or disrupted environments.
The three businesses, Insignito, Ottopia Defense, and Caribou Labs, bring in acoustic sensing, resilient communications, and GPS-independent navigation technologies, respectively. Eric Brock, Ondas' chairman and CEO, stated that these acquisitions are part of Ondas' broader goal to create a vertically integrated defense company, encompassing development, manufacturing, and deployment of autonomous systems.
The combined technologies will enhance Ondas' existing platforms, including autonomous drones, counter-UAS systems, robotic ground platforms, unmanned aircraft, and intelligence, surveillance, and reconnaissance missions. The $56 million acquisition price, paid in cash or stock, is a fraction of the projected 2027 revenue of the companies.
Ondas also issued 2.98 million restricted stock units and 80,000 stock options to employees joining through these acquisitions. This acquisition spree, which began last year, now includes over a dozen Israeli defense companies.
Written by urgent.news from Jerusalem Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
