Ondas Inc. (NASDAQ:ONDS) is bulking up its defense footprint—buying DZYNE for $875.8M (about $200M cash and ~$675M stock) to form Ondas Sentinel and targeting ≥$525M revenue in 2026 (with $191M from DZYNE), building on its Mistral acquisition that brought >$1B in DoD contracts.

Previous Week Recap

  • Ondas To Buy DZYNE: Ondas (ONDS) to buy DZYNE for $875.8M: $200M cash, ~$675M stock (≈85M shares; >50% locked six months). Deal creates Ondas Sentinel; Ondas targets ≥$525M revenue in 2026, with $191M from DZYNE.
  • Ondas Acquires Mistral: Ondas Inc. acquired Mistral, a contractor with over $1B in defense contracts across weapons, drones and unmanned platforms, providing Ondas direct access to U.S. Department of Defense programs.

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