The transaction includes $200 million in cash alongside 85 million shares of Ondas stock, with over half of that equity subject to a six-month lock-up period. Dzyne Technologies specializes in long-endurance unmanned aircraft and advanced intelligence, surveillance, and reconnaissance platforms, providing the technological backbone for the expansion.
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Ondas Acquires Dzyne Technologies in $875 Million Defense Push
With a cash and stock deal valued at approximately $875 million, West Palm Beach-based Ondas has secured Dzyne Technologies, a move designed to consolidate its presence in the U.S. autonomous defense sector and integrate high-end unmanned aerial capabilities into its existing corporate portfolio.
Ondas plans to merge the newly acquired entity with its World View business to establish Ondas Sentinel, a dedicated division tasked with unifying the company's autonomous defense offerings. Following the close of the deal, Highlander Partners and the other former owners of Dzyne will retain an approximate 13.8% stake in the combined organization.
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