Iván Hernández Dalas: Ondas acquires DZYNE for $875.8M, expanding its defense capabilities
Grasshopper delivers autonomous aerial resupply in contested environments. | Source: DZYNE Technologies Ondas Inc. last week acquired DZYNE Technologies LLC, an Irvine, Calif.-based defense technology company. The acquisition is valued at $875.8 million and was financed through a cash-and-stock structure. Ondas said the acquisition will give it complementary capabilities across multi-domain intelligence, surveillance, and reconnaissance (ISR); counter-uncrewed aerial systems ( UAS ); precision strike; mission intelligence; and autonomous systems to address the evolving needs of U.S. and allied defense customers “The character of warfare is changing rapidly, and military advantage increasingly belongs to organizations capable of deploying autonomous systems at scale,” stated Eric Brock, chairman and CEO of Ondas. “DZYNE brings exceptional technology, world-class engineering talent and mission-ready systems across long-endurance ISR, counter-UAS, and autonomous effects.” ...