Ondas Inc.

Ondas Inc. announced the acquisition of Gate Technologies Ltd. and its affiliate Bron Technologies for a total consideration of $205 million, comprising $105 million in cash and $100 million in Ondas common stock, along with a working capital adjustment. An additional $185 million in performance-based earn-out payments may be made over time. Gate Technologies is a developer of Electronic Safe & Arm Devices (ESADs) and advanced electronic fuzing technologies, which are integrated into numerous weapon systems. This acquisition is expected to significantly enhance Ondas' Precision Strike platform by adding critical safety and fuzing capabilities, expanding its market reach, and contributing to its financial performance with an anticipated over $130 million in Adjusted EBITDA through 2028.

Ondas Inc. reported a significant increase in revenue for the first half of 2026, reaching $133.9 million, up from $10.5 million in the prior year. The company posted a net income attributable to stockholders of $273.1 million for the six months, a substantial improvement from a $27.4 million loss in H1 2025, largely driven by a $404.8 million gain from the change in fair value of warrant liability. However, for the second quarter of 2026, Ondas recorded a net loss of $88.6 million. The company also saw substantial growth in total assets to $2.99 billion and raised $959.1 million from common stock and warrant sales.

Ondas Inc. reported record financial and operating results for the second quarter of 2026, with revenue reaching $83.8 million, a 67% sequential increase and a thirteen-fold year-over-year growth. The company secured $175 million in new orders during Q2 and an additional $105 million in Q3 to date, boosting its pro forma backlog to $757 million. Ondas raised its full-year 2026 revenue target to $525 - $550 million and pulled forward Adjusted EBITDA profitability timelines, despite reporting a net loss of $89.7 million and an Adjusted EBITDA loss of $50.6 million due to strategic investments and non-cash expenses.

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.

Ondas Inc.'s Board of Directors adopted the 2026 Inducement Plan on August 3, 2026. This plan reserves 20,000,000 shares of the company's common stock for various equity awards, including non-qualified stock options, restricted stock units, and performance shares. The plan was adopted without stockholder approval, in accordance with Rule 5635(c)(4) of the Nasdaq Listing Rules.

Ondas Inc. announced the acquisition of DZYNE Technologies, LLC for approximately $875.8 million, consisting of $200 million in cash and $675 million in equity. This strategic move aims to establish Ondas as a leading autonomous defense platform, integrating DZYNE's long-endurance autonomous aircraft and counter-drone systems. The acquisition is expected to significantly strengthen Ondas's financial profile, with DZYNE projected to generate $191 million in revenue for 2026 and be EBITDA positive, leading Ondas to raise its 2026 revenue target to at least $525 million.

Ondas Inc. has filed a prospectus supplement with the SEC covering the resale of 3,126,979 shares of its common stock by certain stockholders. These shares were previously issued in connection with the company's acquisitions of Omnisys Ltd. and World View Enterprises Inc. The original issuances of these shares were exempt from registration requirements under Regulation S, applicable to sales to non-U.S. investors outside of the United States.

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.

Ondas Inc. stockholders approved several key proposals at its 2026 Annual Meeting. These include an amendment to increase the authorized shares of common stock from 800,000,000 to 1,200,000,000, and an increase in shares available under the 2021 Stock Incentive Plan from 61,000,000 to 81,000,000. Additionally, stockholders elected four directors, ratified BDO USA, P.C. as the independent auditor, and provided advisory approval for executive compensation.

Ondas Inc. filed a prospectus supplement for the resale of 2,714,285 shares of its common stock. These shares were previously acquired by certain stockholders in connection with the company's acquisition of Omnisys Ltd. on May 21, 2026. The issuances of these shares are exempt from registration requirements under Regulation S for sales to non-U.S. investors outside the United States.