The deal expands Ondas’ autonomous defense portfolio, adding EBITDA-positive revenue and accelerating profitable growth.
Ondas Inc. (Nasdaq: ONDS) announced the acquisition of DZYNE Technologies for $875.8 million, bolstering its autonomous defense capabilities. The deal targets multi-domain ISR, counter-UAS, and precision strike systems for U.S. and allied defense markets.
DZYNE is EBITDA-positive with strong margins, enhancing Ondas’ financial profile and revenue growth. The acquisition follows the creation of Ondas Sentinel, a division integrating DZYNE and World View to unify autonomous defense technologies.
Ondas CEO Eric Brock stated the move aligns with rapid changes in warfare, emphasizing the advantage of scalable autonomous systems. The transaction is expected to drive long-term profitability for Ondas.