ONDAS TO ACQUIRE AUTONOMOUS AIRCRAFT MAKER DZYNE

The transaction combines Ondas' wireless infrastructure expertise with DZYNE's autonomous aircraft capabilities. Ondas specializes in mission-critical wireless networks and software for industrial applications, while DZYNE develops unmanned aircraft systems for defense and commercial sectors. The merged entity will offer integrated autonomous solutions spanning communications, control systems, and aircraft operations. This consolidation reflects growing demand for autonomous defense technologies across government and military applications. Ondas' acquisition strategy targets complementary technologies that expand its addressable market in the autonomous systems space. The deal is expected to close in the coming months, subject to customary closing conditions and regulatory approvals. Financial terms include both cash and stock components valued at $875.8 million total.