AcquisitionsAug 10, 2026, 09:03 AM
Ondas Completes Cyberhawk Acquisition for $118.2M Cash, 581,732 Shares
AI Summary
Ondas Inc. completed its acquisition of Cyberhawk Holdings Limited on August 10, 2026, for $118.2 million in cash and 581,732 shares of Ondas common stock. This acquisition significantly expands Ondas' capabilities in critical infrastructure intelligence, adding AI-enabled drone inspection, visual data management, and asset analytics. The company also granted inducement equity awards, including 1,601,593 RSUs and options for 1,290,000 shares, to 47 new employees joining from Cyberhawk.
Key Highlights
- Ondas completed the acquisition of Cyberhawk Holdings Limited on August 10, 2026.
- Acquisition consideration included $118.2 million in cash.
- Ondas issued 581,732 shares of common stock to Cyberhawk sellers.
- Issued shares are subject to 1-year transfer restrictions and 18-month trading volume limitations.
- Acquisition expands Ondas' critical infrastructure intelligence with AI-enabled drone inspection.
- Ondas granted 1,601,593 RSUs and options for 1,290,000 shares to 47 new employees.
- Stock options have an exercise price of $9.11 per share.
Price Impact
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