Ondas

Market context

Ondas has become a meaningful multi-asset autonomy platform spanning drone-in-a-box systems, counter-drone platforms, autonomous aerial systems, and ground robotics through its operating companies and acquisitions. It is more than a passive holding company and is actively consolidating defence and security autonomy capability.

Facts

• Website: https://www.ondas.com/
• HQ: West Palm Beach, United States
• Founded: 2014
• Ticker: ONDS / NASDAQ
• Segment: defense robotics

Commercial

7 commercial events; 3 contract awards; 4 commercial orders; latest event 2026-04-13

• 2026-04-13 - Commercial order - Ondas receives initial approximately $68 million order under $140 million strategic military engineering program - source: ir.ondas.com
• 2026-04-07 - Contract award - Ondas selected to deploy counter-drone protection for 2026 FIFA World Cup - source: sentrycs.com
• 2026-04-06 - Contract award - 4M Defense wins border demining tender expected above $50M - source: ir.ondas.com
• 2026-03-10 - Commercial order - Ondas Receives $15.8 Million Initial Order, Part of $30 Million Demining Program Secured by 4M Defense in Israel - source: finance.yahoo.com
• 2026-03-04 - Commercial order - Ondas Receives $20 Million Initial Purchase Order as Prime Contractor Under Strategic National Autonomous Border Protection Program - source: ondas.com
• 2026-02-09 - Contract award - 4M Defense wins $30M Israel demining program - source: ir.ondas.com
• 2025-09-22 - Commercial order - Apeiro secures $3.5 million order for UGVs and mission payloads - source: ir.ondas.com

Autonomous drone systems for defence, security and critical infrastructure

Ondas operates through private wireless and autonomous drone technology businesses. Its robotics exposure is centred on American Robotics, Airobotics and Ondas Autonomous Systems, with drone-in-a-box and autonomous aerial systems aimed at government, defence, public safety and industrial customers.

• Target environment: Defence, public safety, security, railway, industrial inspection and critical infrastructure environments where autonomous drone operations can reduce manual patrol and inspection requirements.
• Deployment model: Platform and systems model built around autonomous drone systems, fleet operations, services and private wireless connectivity for mission-critical sites.
• Customer context: Government agencies, defence users, public safety bodies, industrial operators, rail infrastructure owners and security customers.
• Workflow context: Remote inspection, autonomous aerial monitoring, perimeter security, emergency response support, counter-drone-adjacent operating contexts and infrastructure observation.
• Commercial maturity: Ondas has acquired and combined multiple autonomous drone assets and reports a large event footprint. Commercial maturity is strongest where systems are tied to defence, security and industrial moni…
• Market position: Publicly listed robotics and communications company with a defence and critical-infrastructure drone systems posture.
• Adoption constraints: Regulatory approval, defence procurement cycles, fleet reliability, autonomous flight permissions, site integration, battery endurance and customer conversion from pilots to recurring operations.
• Adjacent context: Autonomous drones, defence robotics, drone-in-a-box systems, critical infrastructure monitoring, private wireless networks and public safety robotics.
• Source confidence: high

Events

• 2026-07-06 - Acquisition - Ondas acquires DZYNE Technologies for $875.8M - The transaction includes $200M in cash and about 85M Ondas shares. DZYNE brings long-endurance ISR aircraft, counter-UAS systems and autonomous effects. Ondas says DZYNE is expected to generate about $191M revenue in 2026 and more than $300M in 2027.
• 2026-06-23 - Partnership - Ondas Sentrycs Cyber-over-RF layer integrates into Lockheed Martin Sanctum C-UAS - The Sanctum fact sheet lists Sentrycs RF Sensor and Cyber Over RF Effector as part of the layered C-UAS stack. Sentrycs contributes passive RF detection, tracking, identification and protocol-level mitigation for unauthorized drones. The event is separate fro…
• 2026-06-22 - Market Signal - Ondas says Q2-to-date autonomous-defense order activity exceeds $150 million - The company says the June orders cover Counter-UAS, loitering munition systems, ground systems and related services. Ondas links the demand to government and defense customers in Europe and the United States. The update is separate from Ondas' earlier June pr…
• 2026-06-18 - Acquisition - Ondas agrees to acquire Cyberhawk for critical-infrastructure intelligence - Cyberhawk brings operations in 40 countries, more than 300 customers and a reported $95 million backlog. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals.
• 2026-06-16 - Product Launch - Ondas launches autonomous defense systems suite at Eurosatory 2026 - The launch includes Iron Wave, Dual Shield, MODUS, Scout Cyber-over-RF, Iron Arrow and LADOS. The suite connects air defense, aerial intelligence, ground robotics, loitering mission systems, sensors and AI command software. The event adds concrete context for…
• 2026-06-04 - Product Launch - Ondas unveils MODUS mobile counter-UAS platform and IRON WAVE robotic combat suite - Ondas unveiled two AI-driven defense systems: MODUS, a mobile counter-UAS platform, and IRON WAVE, a robotic combat suite for high-risk frontline missions. MODUS is positioned as a mobile counter-UAS system, while IRON WAVE is designed to put robotic systems…
• 2026-05-29 - Market Signal - Ondas secures over $30 million in May orders across defense and autonomous systems - Ondas secured more than $30 million in new May orders, bringing Q2-to-date orders above $110 million. The orders span air defense, counter-UAS, loitering munition and one-way attack systems, ISR, UGVs, robotic defense systems, and mission-critical security te…
• 2026-05-18 - Acquisition - Ondas agrees to acquire Omnisys for $200M to add AI battle-resource software - Ondas entered a definitive agreement to acquire Omnisys, an Israeli developer of AI-powered Battle Resource Optimization software. The transaction value is about $199 million in Ondas common stock, with additional earn-out potential. The acquisition adds miss…
• 2026-04-15 - Facility Opening - Ondas and Heidelberg launch ONBERG autonomous drone-defense joint venture - ONBERG commenced operations at Heidelberg’s Brandenburg an der Havel facility. The launch included a live operational demonstration of integrated autonomous drone-defense systems. The venture combines Ondas autonomous platforms and counter-UAS technology with…
• 2026-04-13 - Commercial Order - Ondas receives initial approximately $68 million order under $140 million strategic military engineering program - The order covers heavy engineering vehicles to be delivered by Ondas subsidiary INDO Earth Moving under the first phase of a previously announced multi-year strategic military engineering program. The systems are designed for military engineering and combat-s…
• 2026-04-06 - Contract Award - 4M Defense wins border demining tender expected above $50M - Expected program value: over $50 million Tender supports the Eastern Border Security Barrier initiative Initial scope includes mine clearance using AI-enabled robotic systems
• 2026-03-19 - Deployment - Ondas' Sentrycs supports airspace protection at World Economic Forum 2026 in Davos - Subsidiary Sentrycs supported airspace protection as part of Swisscom Broadcast's DroneDefence during the World Economic Forum 2026 in Davos Counter-UAS detection, identification, and mitigation were provided for a high-profile international security event Op…
• 2026-03-17 - Acquisition - INDO Earth Moving acquired by Ondas (heavy engineering / future robotics) - Ondas announced the acquisition of INDO Earth Moving, a military heavy-engineering vehicles supplier. INDO expands Ondas toward future robotic heavy-engineering platforms and military engineering autonomy. The release positions the asset as adjacent today wit…
• 2026-03-12 - Partnership - Palantir, Ondas and World View partner on AI-enabled multi-domain ISR platform - Palantir, Ondas and World View announced a strategic partnership for AI-enabled multi-domain ISR missions. The programs apply Palantir AIP to production, mission planning and edge operations for stratospheric, aerial and land-based systems. The collaboration…
• 2026-03-11 - Acquisition - Ondas acquires BIRD Aerosystems to expand airborne missile protection and ISR capabilities - BIRD Aerosystems was acquired to expand airborne missile protection and ISR Airborne missile protection systems and airborne ISR capability serve military, government, and homeland security markets Defence air systems and countermeasure capability are expanded
• 2026-03-10 - Commercial Order - Ondas Receives $15.8 Million Initial Order, Part of $30 Million Demining Program Secured by 4M Defense in Israel - Ondas disclosed a $15.8 million initial order tied to a broader $30 million demining program secured by 4M Defense in Israel. The order covers autonomous robotic systems, aerial drones, and advanced sensing technologies. The program is tied to an Israeli nati…
• 2026-03-09 - Acquisition - Ondas reaches merger agreement with Mistral Inc. - A merger agreement was reached with U.S. defense prime contractor Mistral Direct prime participation across U.S. Department of Defense programs is the stated expansion goal Defence contracting position around autonomous and mission systems is materially stren…
• 2026-03-04 - Commercial Order - Ondas Receives $20 Million Initial Purchase Order as Prime Contractor Under Strategic National Autonomous Border Protection Program - Ondas received an initial purchase order valued at $20 million. The order was issued under a strategic national autonomous border protection program. The ordered system scope includes autonomous border protection architecture using ISR and tactical-response d…
• 2026-02-09 - Contract Award - 4M Defense wins $30M Israel demining program - Program value: over $30 million Initial execution period runs up to three years with extension options Scope covers roughly 741 acres along the Israel-Syria border
• 2026-02-02 - Acquisition - Ondas signs definitive agreement to acquire Rotron Aerospace - Ondas announced a definitive agreement to acquire Rotron Aerospace The transaction was framed around long-range unmanned platforms, autonomous strike systems, and sovereign UK defence capability Rotron was described as founded in 2008 and focused on long-endu…
• 2025-12-18 - Demonstration - 4M Defense and Safe Pro complete AI demining pilot - The pilot scanned 22 acres and identified about 150 hazardous items. Safe Pro SPOTD analytics were used with 4M Defense demining operations. The pilot predates 4M Defense later Israel demining contract announcement.
• 2025-12-17 - Acquisition - Ondas completes acquisition of Roboteam - Roboteam acquisition closed, adding rugged tactical unmanned ground vehicles Ground platforms support EOD, ISR, and hazardous-environment missions Ondas Autonomous Systems gains field-proven ground robotics capability
• 2025-11-25 - Acquisition - Ondas agrees to acquire Roboteam to expand tactical ground robotics portfolio - Ondas announced a definitive agreement to acquire Robo-Team Holdings Ltd. on November 25, 2025. Roboteam brings tactical UGVs for EOD, ISR, hazardous-environment missions and defense use. Ondas said the acquisition complements its autonomous aerial systems wi…
• 2025-11-18 - Acquisition - Ondas completes acquisition of Sentrycs - Sentrycs acquisition closed, described as a counter-UAS cyber technology leader Counter-drone portfolio breadth increases alongside autonomous systems exposure Subsidiary integration follows the stated consolidation strategy

Operations / Deployments

• 2025-12-18 - Demonstration - 4M Defense and Safe Pro complete AI demining pilot - The pilot scanned 22 acres and identified about 150 hazardous items. Safe Pro SPOTD analytics were used with 4M Defense demining operations. The pilot predates 4M Defense later Israel demining contract announcement.

Team

• Eric Brock - Founder, Chairman, President and Chief Executive Officer - Central executive behind Ondas' public-company strategy, acquisition program, and expansion across autonomous systems, counter-drone, and private w…
• Oshri Lugassy - Co-CEO of Ondas Autonomous Systems - Key defense and autonomous-systems leader for Ondas' robotics platform, including international defense growth and deployment of mission-ready autonomous systems.
• Meir Kliner - President of Ondas Autonomous Systems - Brings core drone-platform and automated-drone-infrastructure expertise into Ondas through Airobotics and the Optimus System.
• Patrick Huston - Chief Operating Officer, General Counsel and Secretary - Important operating and defense-governance executive as Ondas integrates acquisitions and scales defense autonomy programs.
• Mark Green - Head of Global Corporate Development and M&A - Directly relevant to Ondas' acquisition-led expansion across defense autonomy, sensing, counter-UAS, stratospheric ISR, and mission software.
• Neil Laird - Chief Financial Officer and Treasurer - Relevant for Ondas' public-company reporting, acquisition financing, and integration of a rapidly expanding autonomous-systems portfolio.

Supply chain relationships

• BIRD Aerosystems - Parent / Portfolio Integration - Ondas acquired BIRD Aerosystems, adding airborne missile protection and ISR to its autonomous-systems portfolio.
• Lockheed Martin - Sentrycs Sanctum C UAS Integration - Ondas subsidiary Sentrycs provides Cyber-over-RF counter-UAS capability integrated into Lockheed Martin’s Sanctum architecture.

Relationships

• BIRD Aerosystems - Acquisition - BIRD Aerosystems acquired by Ondas Holdings under Ondas Autonomous Systems.
• Apeiro Motion - Subsidiary Pending Close - Acquired by Ondas Holdings (definitive agreement Aug 2025; closing pending).
• Roboteam - Acquisition - Roboteam acquired by Ondas Holdings under Ondas Autonomous Systems.
• BIRD Aerosystems - Acquired By - Acquired by Ondas Holdings under Ondas Autonomous Systems.
• American Robotics - Acquisition - American Robotics acquired by Ondas Holdings under Ondas Autonomous Systems.
• Airobotics - Acquisition - Airobotics acquired by Ondas Holdings under Ondas Autonomous Systems.
• Sentrycs - Acquisition - Sentrycs acquired by Ondas Holdings under Ondas Autonomous Systems.
• Rotron Aerospace - Acquisition - Rotron Aerospace acquired by Ondas Holdings under Ondas Autonomous Systems.
• Airobotics - Acquired By - Acquired by Ondas Holdings under Ondas Autonomous Systems.
• Rotron Aerospace - Acquired By - Acquired by Ondas Holdings under Ondas Autonomous Systems.
• American Robotics - Acquired By - Acquired by Ondas Holdings under Ondas Autonomous Systems.
• Sentrycs - Acquired By - Acquired by Ondas Holdings under Ondas Autonomous Systems.
• Roboteam - Acquired By - Acquired by Ondas Holdings under Ondas Autonomous Systems.
• Palantir Technologies - Partner - Palantir, Ondas and World View partner on AI-enabled multi-domain ISR platform
• DZYNE Technologies - Acquisition - Ondas acquired DZYNE Technologies in a $875.8M cash-and-stock deal to form Ondas Sentinel.
• DZYNE Technologies - Acquired By Ondas - DZYNE Technologies was acquired by Ondas in a $875.8 million cash-and-stock transaction.

Context tags

• Defence UAV builder - Peer Group
• Drone autonomy platform - Peer Group

Customers and deployments

• World Cup Cuas Contract Status - selected for 2026 FIFA World Cup counter-drone protection - 2026-04-07 - 2026 FIFA World Cup host venues - event security / counter-drone - Ondas Sentrycs was selected to deploy counter-…
• Named Customer Site - Sentrycs airspace-protection deployment at WEF 2026 - 2026-03-19 - World Economic Forum security operators - event airspace protection - Ondas reported Sentrycs counter-drone system support for air…
• Initial Order Value Usd - $15.8 million - 2026-03-10 - 4M Defense / Israel demining program - demining / border security - Ondas received a $15.8 million initial order as part of a $30 million demining program secured b…
• Initial Purchase Order Value Usd - $20 million - 2026-03-04 - strategic national border protection customer - autonomous border protection - Ondas received a $20 million initial purchase order as prime contractor under…

Articles

• 2026-05-29 - Ondas and the Stack Around the machine - Ondas has become one of the clearest public-market M&A case studies in defense autonomy, assembling assets across drones, ground robots, counter-UAS, ISR, manufactur…