Ondas Inc. announced the completion of its acquisition of Cyberhawk Holdings Limited, a global provider of drone-enabled inspection and AI-powered intelligence solutions for critical infrastructure. The acquisition expands Ondas' capabilities in the critical infrastructure and industrial inspection markets.
Key Details
- Acquisition Terms: Ondas acquired 100% of Cyberhawk for $118.2 million in cash and 581,732 shares of Ondas common stock.
- Completion Date: The transaction was completed on August 10, 2026, pursuant to an agreement dated June 17, 2026.
- Share Restrictions: The shares issued to Cyberhawk sellers are subject to a one-year lock-up period and daily trading volume limitations for 18 months following the completion date.