Ondas Holdings (ONDS) Announces Acquisition of DYNZE Technologies for $875M

Ondas acquired DZYNE Technologies, adding long-endurance ISR, counter-UAS, autonomous effects, and mission-intelligence capabilities. The transaction included $200 million in cash and approximately 85 million Ondas shares valued at about $675 million.

The acquisition is valued at approximately $875.8 million.

Consideration consists of:

• $200 million cash

• 40 million Ondas shares issued at closing

• 45 million additional shares to be delivered in January 2027 under a lock-up arrangement.

Management repeatedly framed the transaction as the creation of an autonomous defense platform, with DZYNE providing capabilities that Ondas largely did not have today. The call focused much more on strategy and integration than on financial engineering. Management shared that DZYNE is expected to generate:

• ~$191 million revenue in 2026

• More than $300 million revenue in 2027

After DZYNE, management described exposure to:

• Intelligence, Surveillance & Reconnaissance (ISR)

• Counter-UAS

• Autonomous effects

• Precision strike

• Autonomous logistics

• AI-enabled mission orchestration

The company believes this creates a much broader defense technology platform

On the July 6th investor call, management also increased its revenue outlook 35% from $390M to $525M. They attributed this mostly to the acquisitions of DZYNE and Omnisys.

Ondas is no longer a collection of drone businesses.

Instead, the combined company will operate under Ondas Sentinel, bringing together:

• DZYNE

• Airobotics

• American Robotics

• Sentrycs

• Iron Drone

• Omnisys

The vision is to provide a complete autonomous defense solution rather than individual products.