Ondas Inc. completed the acquisition of Gate Technologies Ltd. and Bron Technologies for a total consideration of $205 million, consisting of $105 million in cash and approximately $100 million in common stock, plus a working capital adjustment. The transaction includes up to $185 million in contingent earn-out payments tied to financial milestones through 2028. Ondas expects the acquired business to generate more than $130 million of aggregate Adjusted EBITDA over that period and approximately $65 million in revenue for full-year 2026. The company also granted inducement stock options to 41 newly hired employees. Ondas Inc. is a provider of autonomous systems, robotics, and mission-critical technologies for defense and security markets.

Ondas Inc. reported record second-quarter 2026 revenue of $83.8 million, a 67% sequential increase and more than thirteen-fold year-over-year growth. The company secured $175 million in new orders during the quarter, bringing its pro forma backlog to approximately $757 million as of June 30, 2026, which includes acquisitions DZYNE Technologies and Cyberhawk that closed in Q3 2026. Ondas raised its full-year 2026 revenue target to a range of $525 million to $550 million and pulled forward Adjusted EBITDA profitability expectations to the fourth quarter of 2027 for company-wide results. The firm held approximately $1.4 billion in cash, cash equivalents, restricted cash, and short-term investments at the end of the quarter. Ondas Inc. operates in the defense and security industry, providing advanced autonomous systems, robotics, and mission-critical technologies.

Ondas Inc. filed an amendment to its Current Report on Form 8-K/A to include the audited consolidated financial statements of High Point UAS, LLC for the year ended December 31, 2025, and unaudited condensed consolidated financial statements for the three months ended March 31, 2026. The filing also provides pro forma financial information reflecting the acquisition of 100% of High Point's membership interests on July 2, 2026. Ondas acquired High Point for approximately $200 million in cash and 84,999,998 shares of common stock. High Point specializes in manufacturing autonomous defense systems, robotic solutions, software engineering, and data analytics.

Ondas Inc. completed the acquisition of Cyberhawk Holdings Limited on August 10, 2026, for $118.2 million in cash and 581,732 shares of common stock. The transaction includes a one-year lock-up period and eighteen-month trading volume limitations for sellers. Additionally, Ondas issued inducement grants comprising 1,601,593 restricted stock units and 1,290,000 stock options at $9.11 per share to 47 new employees. This acquisition expands Ondas' capabilities in AI-powered critical infrastructure intelligence and drone inspection services. Ondas Inc. is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure, and industrial markets.

On August 3, 2026, Ondas Inc.'s Board adopted the Ondas Inc. 2026 Inducement Plan, reserving 20,000,000 shares of common stock for equity awards granted without stockholder approval under Nasdaq Rule 5635(c)(4). The plan permits grants of non-qualified stock options, restricted stock units, restricted stock, stock appreciation rights, performance units, and other stock or cash-based awards. Ondas Inc. operates in the telecommunications industry, developing and licensing wireless communication technologies.