IPO Newsroom(@IPONewsroom_):ONDAS ACQUIRES 3 DEFENSE TECH FIRMS FOR $56M $ONDS is acquiring Insignito, Ottopia Defense and Caribou Labs for a combined $56M in cash or stock, with up to another $32M tied to performance milestones through 2028. Ondas says the purchase price is less than 3x the businesses’ expected 2027 revenue. The acquisitions add passive acoustic counter-drone detection, software for remotely managing unmanned ground and aerial systems, and communications/positioning technology for GPS-denied environments. Several of the technologies are already deployed in active conflict zones.

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IPO Newsroom@IPONewsroom_

2026.09.23 13:25

ONDAS ACQUIRES 3 DEFENSE TECH FIRMS FOR $56M $ONDS is acquiring Insignito, Ottopia Defense and Caribou Labs for a combined $56M in cash or stock, with up to another $32M tied to performance milestones through 2028. Ondas says the purchase price is less than 3x the businesses’ expected 2027 revenue. The acquisitions add passive acoustic counter-drone detection, software for remotely managing unmanned ground and aerial systems, and communications/positioning technology for GPS-denied environments. Several of the technologies are already deployed in active conflict zones.