Ondas to acquire Rotron Aerospace; UK defence-tech deal for cash and stock

Ondas Inc.

Definitive agreement to acquire Rotron, a UK developer of long-range autonomous UAVs and strike platforms.
Consideration paid in cash and stock; transaction subject to customary closing conditions and regulatory approvals.
Rotron's platforms include Talon VTOL series and Defendor one-way autonomous attack system.
Rotron to join Ondas Autonomous Systems, retaining UK engineering and manufacturing operations.
Mark Green of Ondas says deal expands defence solutions portfolio and establishes NATO footprint.

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