AcquisitionsJun 18, 2026, 08:46 AM
Ondas to Acquire Cyberhawk for $125M, Expanding into Infrastructure Intelligence
AI Summary
Ondas Inc. announced it has entered into a definitive agreement to acquire Cyberhawk Holdings Limited for approximately $125 million in a 95% cash transaction. Cyberhawk is a global leader in critical infrastructure intelligence, drone-based inspection, and AI-enabled analytics, serving utility, energy, and industrial customers. The acquisition is expected to close in the third quarter of 2026 and will expand Ondas' presence in industrial infrastructure markets by integrating Cyberhawk's software, data, and AI capabilities. Cyberhawk is projected to generate over $45 million in revenue for its fiscal year ending March 2027, with a significant backlog and high recurring revenue.
Key Highlights
- Ondas Inc. to acquire Cyberhawk Holdings Limited for approximately $125 million, a 95% cash transaction.
- Cyberhawk is a global leader in critical infrastructure intelligence, drone-based inspection, and AI-enabled analytics.
- Cyberhawk is expected to generate over $45 million in revenue for FY ending March 2027, with high-single digit EBITDA margins.
- The acquisition is expected to close in the third quarter of 2026, subject to customary conditions and regulatory approvals.
- Cyberhawk has inspected over 500,000 infrastructure assets and accumulated over 232 TB of proprietary data.
- Cyberhawk has a backlog of $95 million across utility, renewable energy, and energy infrastructure markets.
- The transaction is expected to enhance Ondas' dual-purpose capabilities and expand its presence in industrial infrastructure markets.
Price Impact
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