SEPTEMBER 24, 2026 09:10
Updated:SEPTEMBER 24, 2026 09:16
American defense technology company Ondas is continuing to expand its operations in Israel and has signed an agreement to acquire three defense technology businesses for a total of $56 million.
The acquisitions of Insignito, Ottopia Defense and Caribou Labs will expand the company’s integrated autonomous defense systems platform by adding resilient communications and remote control for unmanned systems, as well as navigation and communication capabilities for environments where GPS and other systems are disrupted.
Ondas said the deal is intended to strengthen its “systems‑of‑systems” approach, combining sensing, connectivity, navigation, and autonomy across aerial and ground systems.
“These acquisitions reflect our strategy of assembling the critical technologies required to make autonomous systems more capable, resilient, and scalable in contested environments,” said Eric Brock, chairman and CEO of Ondas Inc. “Together, these businesses give Ondas more to sell and more ways to win.”
The three acquired companies collectively add acoustic sensing, resilient communications, and GPS‑independent navigation technologies to Ondas’ portfolio.
The acquisitions are part of Ondas’ broader push to build a vertically integrated defense technology company spanning the development, manufacturing, and deployment of autonomous systems. Its portfolio includes autonomous drones, counter-UAS systems, robotic ground platforms, unmanned aircraft, and systems for intelligence, surveillance, and reconnaissance missions.
Insignito’s systems include passive acoustic tools capable of detecting and classifying drones that evade radar; Ottopia provides communications and teleoperation software designed to maintain real‑time links with unmanned platforms in degraded or bandwidth‑limited environments; and Caribou provides positioning and identification technologies built for GPS‑denied or electronic‑warfare conditions.
Several of these capabilities are already deployed in active conflict zones.
Ondas said it intends to integrate the three companies’ technologies across its existing platforms. The company said the combined capabilities will support development of more resilient autonomous systems and expand opportunities across defense and security markets.
“Our shared vision is to enable unmanned military power at scale: autonomous systems working together across domains, with people commanding, supervising, and intervening when needed. Joining Ondas gives us the opportunity to bring that vision to a very, very broad range of platforms and missions,” Amit Rosenzweig, CEO of Ottopia Defense, wrote on LinkedIn.
Ondas said the $56 million purchase price that will be paid in cash or stock represents less than three times the expected 2027 revenue of the businesses. Earnout payments of up to $32 million may be made through 2028 if performance milestones are met.
The company also issued inducement equity awards to 37 employees joining Ondas through the acquisitions. The grants include 2.98 million restricted stock units with varying vesting schedules and 80,000 stock options priced at $7.72 per share.
Founded over a decade ago in the United States, Ondas has been on a buying spree of Israeli defense companies over the past year, acquiring over a dozen companies in the military robotics and drones fields.
Last week, it acquired Israel’s Gate Technologies and its Polish manufacturing partner, Bron Technologies, which specialize in developing and manufacturing electronic devices and advanced electronic fuzing systems for munitions. The deal, valued at approximately $205 million, expands the company’s portfolio beyond robotics and drones.
