Ondas Inc. has acquired DZYNE Technologies LLC, a defense technology firm based in Irvine, California, for $875.8 million. This acquisition, financed through a cash-and-stock structure, aims to enhance Ondas' capabilities in multi-domain intelligence, surveillance, and reconnaissance (ISR), counter-uncrewed aerial systems (UAS), and autonomous systems to meet the evolving needs of U.S. and allied defense customers.
The acquisition is significant as it positions Ondas to leverage DZYNE's advanced technology and engineering talent, which includes long-endurance ISR capabilities and autonomous systems. Eric Brock, chairman and CEO of Ondas, emphasized that the integration of DZYNE's mission-proven technologies will accelerate the development of a next-generation autonomous defense platform, essential for maintaining military advantage in rapidly changing warfare.
Looking ahead, Ondas anticipates that DZYNE will generate $191 million in revenue for the full year 2026 and over $300 million in 2027. Ondas is now targeting at least $525 million in revenue for 2026. The integration of DZYNE’s ULTRA and IonStrike systems will expand Ondas' ISR and counter-UAS capabilities, enhancing its portfolio in defense applications.
Editor's Note
The acquisition of DZYNE Technologies by Ondas Inc. underscores the growing trend of integrating advanced autonomous systems within defense strategies. As military operations increasingly rely on technology, companies that can provide innovative solutions will likely gain a competitive edge. This move reflects a broader shift in the defense sector towards multi-domain operations and the need for enhanced surveillance and countermeasures against emerging threats.
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