Ondas Inc.
(NASDAQ:ONDS) said Thursday it has agreed to acquire Cyberhawk for about $125 million, expanding its presence in critical infrastructure intelligence by combining autonomous systems with AI-powered inspection software and analytics.
Acquisition Expands AI And Infrastructure Capabilities The transaction, expected to close in the third quarter of 2026 pending regulatory approvals and customary conditions, will be funded about 95% in cash.
Certain Cyberhawk executives will reinvest about $5 million into Ondas common stock under a one-year lock-up agreement.
At the end of the first quarter, Ondas reported approximately $1.48 billion in cash, restricted cash, and short-term investments.
