WEST PALM BEACH, Florida — U.S. defense technology company Ondas Inc. (Nasdaq: ONDS) has acquired three Israeli defense technology companies — Insignito, Ottopia Defense, and Caribou Labs — for an initial $56 million.
The deal will be paid in cash or Ondas common stock and includes potential earnout payments of up to $32 million through 2028 if the companies meet specified performance milestones. This could bring the maximum total consideration to $88 million. Ondas said the initial $56 million represents less than three times the three companies' expected combined 2027 revenue.
The acquisitions expand Ondas's capabilities in passive acoustic drone detection, remote control and communications for unmanned systems, and GPS-denied navigation.
Three companies add specialized technologies
Insignito provides passive acoustic technology to detect, classify, track and locate drones using their sound signatures. Its DUMBO system has been deployed in conflict zones and uses real-time signal processing, acoustic modeling, artificial intelligence and proprietary algorithms. It is designed for threats including small FPV drones, low-altitude threats, autonomous platforms, RF-silent systems and fiber-optic-controlled drones.
Insignito also develops WaveGuide, which models the acoustic detectability of aircraft for mission planning, Silent Propellers technology for reducing unmanned aircraft noise, and Banshee, an acoustic-enabled drone interception capability under development.
Ottopia Defense develops software for remote control and communications between unmanned platforms, operators and command centers. Its technology manages video, telemetry, mission data and commands across available communications channels in bandwidth-constrained or degraded environments. It combines AI-enabled autonomy, ultra-low-latency teleoperation and intelligent networking, including one-to-many operations in which operators can supervise multiple unmanned systems.
Ondas plans to integrate Ottopia's technology into its unmanned ground vehicles, including the Iron Wave platform.
Caribou Labs specializes in navigation and communications for environments where GNSS/GPS signals and digital infrastructure are disrupted. Its technologies provide GPS-independent positioning, timing, identification and communications for electronic-warfare environments. Ondas said the technology is already deployed in active conflict environments and has a pipeline of customer opportunities.
Ondas expands autonomous defense capabilities
Ondas said the acquisitions support its systems-of-systems strategy by combining sensing, communications, navigation and autonomy across aerial and ground platforms. The company plans to integrate the new technologies into its counter-UAS systems, unmanned ground vehicles and other autonomous platforms.
The company said the acquisitions will expand its technology stack across detection, connectivity, navigation, autonomy and mission execution, while creating additional commercial revenue opportunities and supporting larger defense programs.
Ondas Chairman and CEO Eric Brock said the acquisitions are intended to make autonomous systems more capable, resilient and scalable in contested environments.
As part of the transactions, Ondas approved equity incentive awards for 37 newly hired employees, including restricted stock units representing 2,979,063 shares and stock options for 80,000 shares with an exercise price of $7.72 per share.
Ondas has also expanded its presence in Israel through previous acquisitions, including Gate Technologies and Aran Defense. The three transactions were announced on September 23, 2026.
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