Industry Briefing
A single destination for timely, editor-curated robotics news from around the world.
Ondas Acquires DZYNE Technologies for $875.8 Million to Enhance Defense Capabilities
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.
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Ondas Acquires DZYNE Technologies for $875.8M
The Ondas DZYNE acquisition combines long-endurance ISR, counter-UAS, and autonomous effects under a new operating division for U.S. defense customers. Ondas Inc. (Nasdaq: ONDS) has announced the acquisition of DZYNE Technologies, LLC in a cash and stock transaction valued at $875.8 million. According to Ondas, the Ondas DZYNE acquisition establishes a multi-domain autonomous defense platform […] The post Ondas Acquires DZYNE Technologies for $875.8M appeared first on DRONELIFE.
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Ondas to Buy Military Drone Maker DZYNE for $875.8 Million
Ondas Inc. agreed to buy autonomous aircraft maker DZYNE Technologies in an $875.8 million cash-and stock-deal that positions Ondas as a full-service autonomous defense technology platform.
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US Army tests DZYNE’s IonStrike interceptors for drone defence roles
The US Army's 52d Air Defense Artillery Brigade is currently conducting tests and evaluations of IonStrike, a kinetic interceptor created by DZYNE Technologies. This initiative is part of the Army's broader strategy to enhance its defenses against uncrewed aircraft systems (UAS). The testing aims to assess the effectiveness and reliability of IonStrike in real-world scenarios, addressing the growing threat posed by UAS in modern warfare. The evaluations are taking place as military forces adapt to evolving aerial threats, underscoring the importance of advanced interception technologies in maintaining national security.
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Drone Maker Ondas Says the 'Arms Race' Has Started
Ondas, which develops drones and secures wireless communications, has agreed to buy autonomous aircraft maker DZYNE Technologies in a cash-and-stock deal worth over $875 million, which will turn Ondas into a full-service autonomous defense technology platform. Ondas Chairman and CEO Eric Brock joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
US company unveils mass producible kamikaze drone
Dzyne Technologies, a California-based company, has introduced a new expendable attack drone named Blitz, designed to operate within the Group 1 category. This innovative drone aims to enhance tactical capabilities for military operations. The unveiling took place recently, showcasing the drone's advanced features and potential applications in combat scenarios. Dzyne Technologies developed Blitz to address the growing demand for effective and cost-efficient aerial solutions in modern warfare. The drone is engineered for rapid deployment and can be utilized in various missions, providing military forces with a strategic advantage.
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