Ondas Inc. said it acquired three defense technology businesses for aggregate consideration of $56 million, adding capabilities in acoustic intelligence, resilient communications, remote operations and GNSS-denied navigation.
The company said the three businesses bring technologies already deployed in active conflict environments or positioned for near-term mission integration. Ondas also said the deals could include up to $32 million in additional earnout payments through 2028, lifting total potential consideration to $88 million.
Insignito adds a passive acoustic sensing layer aimed at detecting, classifying, tracking and localizing drones, including small FPV systems and low-altitude threats that can be difficult to spot with traditional radar or RF methods. The company said Insignito’s flagship Dumbo system has already been deployed in conflict zones. It also cited additional products under development: Waveguide for mission planning, Silent Propellers for reducing drone noise signatures, and Banshee, an acoustic-enabled interception technology.
Ottopia Defense brings AI-enabled autonomy, ultra-low-latency teleoperation and resilient communications for unmanned systems. Ondas said the platform is designed to let operators monitor live video and telemetry, manage multiple unmanned assets from centralized mission centers, and intervene when needed. The company described the architecture as one-to-many, allowing fewer operators to control more systems.
Caribou Labs adds GNSS-denied navigation and resilient communications technology. Ondas said Caribou’s products are currently deployed in active conflict environments and are intended to provide GPS-independent positioning, timing and visibility when digital infrastructure fails.
Ondas said the acquisitions are meant to deepen its integrated autonomous defense stack across detection, connectivity, navigation, autonomy and mission execution. The company said Insignito will enhance its counter-UAS offering with an additional FPV drone detection layer, Ottopia will support remote operation of unmanned ground vehicles such as Iron Wave, and Caribou will add navigation and communications capabilities for contested environments.
Alongside the acquisitions, Ondas approved inducement grants tied to 37 newly hired employees: restricted stock units covering 2,979,063 shares and stock options for 80,000 shares at an exercise price of $7.72 per share.
Ondas said the purchase price is less than three times the businesses’ expected 2027 revenue. The market has reacted to these announcements by moving the company's shares -3.21% to a price of $7.4725. For the full picture, make sure to review Ondas's 8-K report.
