- Market cap
- Revenue
- Net income
- Cash on hand
- Gross margin
- Net margin
- EPS
- P/E ratio
Ondas acquires three defense businesses, adding acoustic sensing, resilient communications and navigation for autonomous defense operations.
Acquisitions add field-deployed and near-term mission-ready capabilities across acoustic intelligence, resilient communications, remote operations and GNSS-denied navigation, strengthening existing Ondas platforms and enabling new integrated solutions and revenue opportunities. Insignito adds a unique passive acoustic sensing layer to detect, classify, and track drones particularly useful for small FPV drone systems and fiber optic systems that are difficult to detect by traditional methods. Ottopia Defense combines AI-powered autonomy capabilities and ultra-low-latency teleoperation, and intelligent networking, connecting unmanned maneuvering platforms with human operators and command centers for one-to-many capabilities. Caribou Labs is a provider of GNSS-denied navigation and resilient communications technology that will add key capabilities and differentiation for Ondas platforms in combat environments. WEST PALM BEACH, FL / ACCESS Newswire / September 23, 2026 / Ondas Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous systems and next-generation defense and security technologies, announced today that it has acquired three defense technology businesses, adding advanced capabilities that enhance the Company's mission capabilities and expand its addressable markets. The acquired businesses bring technologies ranging from systems already deployed in active conflict environments to capabilities positioned for near-term mission integration across Ondas' existing platforms. The acquisitions are designed to strengthen Ondas' existing and future autonomous platforms, accelerate the development of integrated solutions and create new opportunities for growth across the defense and autonomous systems markets. "These acquisitions reflect our strategy of assembling the critical technologies required to make autonomous systems more capable, resilient and scalable in contested environments," said Eric Brock, Chairman and CEO of Ondas Inc. "Together, these businesses give Ondas more to sell and more ways to win. They add commercial revenue streams we can grow across our customer base, and they strengthen our ability to pursue larger, longer-term customer programs where we deploy and sustain more capable autonomous systems on behalf of the customers we serve." Insignito - AI-Enabled Acoustic Intelligence for C-UAS. Insignito's mission-ready technology creates a passive acoustic sensing layer designed to detect, classify, track and localize drones by their acoustic signatures, including small drones, FPV systems, low-altitude threats and autonomous or RF-silent platforms that can challenge traditional radar and radio-frequency detection. Its flagship DUMBO system has been successfully deployed in conflict zones listening to the operating environment rather than transmitting RF or electromagnetic energy, applying real-time signal processing, advanced acoustic modeling, artificial intelligence and proprietary algorithms to identify unmanned aerial vehicle signatures. The technology is designed to complement radar, RF and electro-optical sensors, adding an independent sensing modality to a layered, multi-sensor C-UAS architecture. Beyond passive detection, Insignito has developed several additional capabilities including WaveGuide, a software-based mission-planning capability that models the acoustic detectability of aerial platforms along planned trajectories; Silent Propellers, which applies acoustic engineering to reduce the noise signature of unmanned aircraft; and Banshee, an acoustic-enabled drone interception technology under development. Collectively, these cap
Ondas acquires GATE Technologies and Bron Technologies, adding electronic safe-and-arm and fuzing capabilities to its precision-strike platform.
GATE Technologies is a leading developer and manufacturer of Electronic Safe & Arm Devices (ESADs) and advanced electronic fuzing solutions, with its technology integrated into dozens of weapon systems including UAVs, loitering munitions, missiles and rockets Adds a critical layer of the precision-strike technology stack with NATO-based, non-ITAR production in Poland, while expanding Ondas' access to U.S. and European programs WEST PALM BEACH, FL / ACCESS Newswire / September 14, 2026 / Ondas Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of advanced autonomous systems and next-generation defense and security technologies and services, today announced that it has acquired GATE Technologies Ltd. ("GATE"), an Israeli-based defense technology company specializing in Electronic Safe & Arm Devices ("ESADs") and advanced electronic fuzing technologies used across modern precision weapons and autonomous strike systems, and Bron Technologies ("Bron"), a European manufacturing, certification and an affiliated company to GATE's systems. Ondas will pay $205 million, the majority of which is payable in cash, plus a working capital adjustment and up to $185 million of performance-based earn-out consideration. The earn-out is tied to financial targets through 2028 and may be paid, at Ondas' election, in cash or Ondas common stock. Ondas expects the acquired business to contribute more than $130 million of aggregate Adjusted EBITDA through 2028. Founded in 2006, GATE has developed a proprietary portfolio of highly configurable, miniaturized electronic safe-and-arm devices incorporating LEEFI initiation technology. Its technologies have been integrated into dozens of weapon systems globally, including rockets, missiles, UAVs and loitering munitions, providing mission-critical safety and fuzing capabilities inside modern weapons. Electronic fuzing systems are mission-critical components that keep a munition safe during storage, transportation, handling and launch, and permit arming and initiation only when predetermined mission and safety conditions are met. This capability is increasingly required for loitering munitions that may change missions in-flight, abort an engagement or return safely without detonating. As weapons become smaller, more autonomous and software-defined, traditional mechanical fuzes are being replaced by fully electronic architectures that offer greater configurability, miniaturization and integration with sophisticated weapon systems. According to MarketsandMarkets, the global loitering munition market is projected to grow from approximately $5.4 billion in 2025 to approximately $13.3 billion in 2030, a compound annual growth rate of approximately 20%. Because each munition produced requires safe-and-arm and fuzing content, Ondas believes GATE is positioned to participate in this growth across a broad range of platforms and programs. The acquisition significantly expands Ondas' precision strike platform by adding a critical layer of the technology stack while opening new customer and ecosystem networks for growth. GATE's capabilities complement Ondas' existing technologies across autonomous strike platforms, propulsion, mission systems, resilient communications, engineering, production and software-enabled mission management, strengthening Ondas' ability to
Ondas to acquire Aran Defense, expanding sovereign Israeli engineering and manufacturing capacity for autonomous defense systems.
Aran Defense is a defense-focused division of Aran Ltd. (TASE:ARAN), an established Israeli engineering and manufacturing company serving governmental customers in Israel, as well as leading international defense companies Acquisition will expand Ondas' local manufacturing and industrialization capacity in Israel to meet growing demand for autonomous defense systems WEST PALM BEACH, FL / ACCESS Newswire / August 18, 2026 / Ondas Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous systems and next-generation defense and security technologies, announced today that it has entered into a definitive agreement to acquire Aran Defense Ltd., the defense-focused division of Aran Ltd. (TASE:ARAN), an established Israeli engineering and manufacturing company. The acquisition is expected to add multidisciplinary defense engineering manufacturing operations to support local growing demand for Ondas' autonomous platform solutions. The acquisition is expected to significantly expand Ondas' local manufacturing and industrialization capacity in Israel, providing dedicated engineering, integration and production resources to support increasing demand across the Company's autonomous defense businesses. Aran Defense supports programs for governmental customers in Israel, as well as leading international defense companies. The acquisition will deepen Ondas' investment in Israel's sovereign defense-industrial base, expanding domestic engineering and production capacity for critical autonomous defense systems. "As demand across our defense businesses continues to grow, expanding localized manufacturing capacity is becoming increasingly important to our ability to execute," said Eric Brock, Chairman and CEO of Ondas. "Aran Defense will provide us with an established production platform in Israel that can support multiple Ondas businesses and programs, allowing us to industrialize products faster, increase manufacturing scale and respond more efficiently to customer requirements. This is another important step in building Ondas into a vertically integrated defense technology company with the capabilities not only to develop differentiated technologies, but to manufacture and deliver them at scale." Aran Defense operates approximately 4,400 square meters of engineering and manufacturing facilities in Israel, across a main facility of approximately 2,800 square meters and two additional facilities totaling approximately 1,600 square meters. The operation combines multidisciplinary engineering with in-house production infrastructure, including CNC turning and milling, electromechanical assembly and integration halls, cabling, classified production space, quality assurance and quality control, procurement, warehousing, tactical textiles, prototype manufacturing, 3D printing and new-product introduction capabilities. These capabilities will expand Ondas' footprint with an established sovereign Israeli industrial base that can be leveraged to increase production capacity as demand grows across its defense and autonomous systems portfolio. As Ondas continues to report expanding order activity and backlog across its defense and autonomous systems businesses, the Company believes increased internal access to engineering, prototyping, integration and scalable production resources will become increasingly important. Aran Defense is expected to help Ondas convert product innovation and growing customer demand into repeatable production while providing greater oversight of quality, cost, supply-chain availability and delivery schedules. Aran' Defense's local engineering and manufacturing infrastructure is expected to support major local Ondas programs, with the transition of these programs into scalabl
Ondas reports record Q2 2026 revenue of $83.8M, raises full-year target to $525M to $550M, and expands pro forma backlog to $757M.
Core + Strategic growth program expands Ondas' technology and customer-solutions portfolio, broadens its customer base, and accelerates the maturation and scale of its operating platform Record Q2 2026 revenue of $83.8 million marks 67% QoQ increase and 13-fold YoY revenue growth; On a pro forma, same-portfolio basis, Q2 2026 YoY revenue increased 85% $175 million in new orders were captured during Q2 2026, demonstrating the strength and momentum of the core platform; $105 million in additional orders have been captured to date during Q3 2026 Reported backlog of approximately $613 million as of June 30, 2026; Pro forma backlog of $757 million as of June 30, 2026, including the DZYNE and Cyberhawk acquisitions, both of which closed in Q3 2026 Increased full-year 2026 revenue target to $525 - $550 million; Pulls forward Adjusted EBITDA profitability timelines $1.4 billion in cash, cash equivalents, restricted cash and short-term investments as of June 30, 2026 Conference call scheduled for today, August 13th at 8:30 a.m. ET WEST PALM BEACH, FL / ACCESS Newswire / August 13, 2026 / (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of advanced autonomous systems and next-generation defense and security technologies and services, reported record financial and operating results for the second quarter of 2026. Ondas generated revenue of $83.8 million in the second quarter of 2026, compared with $50.1 million in the first quarter of 2026 and $6.3 million in the second quarter of 2025. The results represent approximately 67% sequential revenue growth and more than a thirteen-fold year-over-year increase. The second-quarter performance reflects strong organic execution across Ondas' core business under the Core + Strategic growth program launched over the past 12 months. The Company secured approximately $175 million in new orders during the second quarter. Strong order capture increased Ondas' backlog to approximately $613 million as of June 30, 2026, up from $457 million pro-forma at the end of the first quarter and $68 million at year-end 2025. Including DZYNE Technologies and Cyberhawk, which closed in the third quarter of 2026, pro forma backlog was approximately $757 million. The acquired businesses expand Ondas' technology and customer-solutions portfolio, customer base and operating platform, and begin contributing to growth and operating leverage in the second half of 2026. "Our team at Ondas is performing at a high level, as evidenced by our record second-quarter results, headlined by strong revenue growth and continued bookings momentum across our business," said Eric Brock, Chairman and CEO of Ondas. "We expect to sustain this momentum and deliver another significant revenue ramp during the second half of 2026, increasing our full-year 2026 revenue target to a range of $525 million to $550 million." "The strength of our Core + Strategic Growth plan is increasingly becoming evident, and I am particularly pleased with the recent addition of new businesses, headlined by DZYNE Technologies and Cyberhawk, which have closed during Q3. DZYNE meaningfully broadens our solutions portfolio globally, highlighted by the ULTRA and IonStrike platforms, while also accelerating the maturation of our U.S. operating platform and deepening our relevance with the U.S. Department of War. Meanwhile, Cyberhawk's excellence in delivering aerial solutions supporting critical-infrastructure inspection and intelligence further advances our dual-use technology, services and AI capabilities. Collectively, these two new companies bring Ondas exceptional relationships with important customers such as the U.S. Air Force, U.S. Army, P
Ondas awarded IMOD strategic tender to develop Digital Bat, a next-generation low-cost tactical attack drone platform for frontline units.
The multi-million-dollar strategic program - "Digital Bat" is to provide a next-generation low-cost tactical attack drone platform powered by advanced software designed to address the Israeli Ministry of Defense evolving operational requirements. The program reflects similar operational priorities driving the U.S. Drone Dominance Program (DDP), including rapidly fielding scalable and cost-effective unmanned attack capabilities. WEST PALM BEACH, FL / ACCESS Newswire / August 11, 2026 / Ondas Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous systems and next-generation defense and security technologies, announced today that it has been awarded a multi-million-dollar strategic tender by the Israeli Ministry of Defense ("IMOD") to develop and produce the next-generation tactical attack drone capabilities. The program represents a broader effort to advance the IMOD's tactical drone capabilities. Under the program, Ondas will lead the development of a new generation of low-cost tactical attack drones designed to meet evolving operational requirements and enable scalable deployment across frontline combat units. "This strategic award represents an important validation of the defense technology platform we are building at Ondas and our growing ability to serve as a prime contractor for complex, next-generation defense programs," said Eric Brock, Chairman and CEO of Ondas. "The Israeli Ministry of Defense operates at the forefront of modern defense technology and has some of the world's most demanding operational requirements. Their selection of Ondas reflects confidence in our internal engineering capabilities, operational experience, and ability to rapidly translate changing battlefield requirements into scalable, mission-ready systems. "We are seeing a fundamental shift in defense priorities toward affordable autonomous systems that can be produced and deployed at a significant scale," Brock continued. "The U.S. Drone Dominance Program, a $1.1 billion initiative focused on rapidly fielding low-cost unmanned systems, including one-way attack drones, is a clear example of this broader trend. This program reflects similar operational priorities: providing frontline forces with cost-effective, scalable and rapidly deployable tactical attack capabilities. We believe Ondas is well positioned to address this growing requirement across Israel, the United States and other allied defense markets." The program is intended to provide IMOD combat units with advanced tactical aerial capabilities that can be deployed rapidly and adapted to complex and changing operational environments. Tactical attack drones are becoming an increasingly important component of modern military operations, providing forces with responsive, precise and flexible aerial capabilities at the unit level. The next-generation capability will be developed to support the IMOD's evolving operational doctrine and its expanding use of unmanned and autonomous systems across tactical missions. The development effort is expected to address the complete operational capability, including the aerial platform, autonomous functionality, mission integration, system engineering, production readiness and compatibility with wider command-and-control environments. The award expands Ondas' position in tactical aerial attack and precision-strike systems, one of the Company's core defense technology segments. Ondas is building an integrated autonomous defense platform across four principal mission areas: Air Defense and Counter-UAS, Aerial Intelligence, Aerial Attack and Unmanned Ground Systems. AI-powered command, mission-management and decision-support software serves as the connecting orchestration layer across these technology segments, enablin