Ondas Acquires DZYNE Technologies for $875.8 Million, Forms Autonomous Defense Platform
Ondas Inc. has acquired DZYNE Technologies, LLC for $875.8 million, a move intended to establish Ondas as a leading autonomous defense platform. This acquisition integrates capabilities across various defense domains, including ISR and AI-enabled mission orchestration. DZYNE is expected to be EBITDA positive in 2026, contributing to Ondas's target of at least $525 million in revenue for the year.
Want more?
Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.