Ondas acquires Rotron Aero for cash and stock, adding long-range autonomous attack platforms

Ondas Inc.

Acquisition of 100% of Rotron Aero, a UK-based developer of unmanned aerial systems and defense-grade aero-engines.
Consideration in the form of cash and stock; closing subject to customary conditions and regulatory approvals.
Rotron's portfolio includes Defendor one-way autonomous attack system, Talon VTOL series, and XT100 propulsion.
Integration into Ondas Autonomous Systems to expand system-of-systems for NATO and allied defense customers.
Expected to provide fast-track access to UK Ministry of Defence programs and strengthen European defense market presence.

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