Ondas acquires DZYNE for $875.8M, expanding its defense capabilities
Grasshopper delivers autonomous aerial resupply in contested environments. | Source: DZYNE Technologies Ondas Inc. last week acquired DZYNE Technologies LLC, an Irvine, Calif.-based defense technology company. The acquisition is valued at $875.8 million and was financed through a cash-and-stock structure. Ondas said the acquisition will give it complementary capabilities across multi-domain intelligence, surveillance, and reconnaissance (ISR); counter-uncrewed aerial systems (UAS); precision str
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Ondas Inc. acquired DZYNE Technologies, a defense technology company, for $875.8 million in a cash-and-stock deal. The acquisition combines DZYNE's capabilities in autonomous aircraft, counter-unmanned aerial systems, and other defense technologies with Ondas' existing robotics and networking portfolio to create an integrated defense platform. DZYNE, founded in 2012, brings proven autonomous systems including long-endurance aircraft for surveillance, kinetic interceptors for countering drones, and autonomous cargo delivery systems. Ondas established a new operating division called Ondas Sentinel to unify these defense technologies under a single organization with shared technology roadmaps and software platforms.
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