---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-024965"
form_type: "8-K"
ticker: "ONDS"
cik: "0001646188"
company_name: "Ondas Inc."
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T17:53:06.206072+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ondas acquires defense prime Mistral for $175M in stock; gains DoD contract access

## Summary
- Total consideration $175M in Ondas common stock; $122.5M paid at closing (with escrow) and $52.5M in escrow released over 3 years.
- Mistral is prime contractor on over $1B of IDIQ contracts for U.S. Army, USSOCOM, and federal agencies.
- Merger expected to close in Q2 2026; provides Ondas with direct prime contractor access and U.S.-based manufacturing.
- Combines Ondas' autonomous systems with Mistral's defense program execution and federal contracting infrastructure.

## SEC filing metadata
- accession: 0001213900-26-024965
- form_type: 8-K
- ticker: ONDS
- cik: 0001646188
- company_name: Ondas Inc.
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646188/000121390026024965/0001213900-26-024965-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646188/000121390026024965/ea0280515-8k_ondas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-024965
- JSON: https://secwatch.observer/filing/0001213900-26-024965.json
- Plain text: https://secwatch.observer/filing/0001213900-26-024965.txt

## Key facts
- Material Agreements
  Ondas Inc. entered into Agreement and Plan of Merger with Mistral, Inc. and Shoshana Banai valued at Total consideration of $175,000,000 payable in shares of common stock, with portions escrowed and pa (effective 2026-03-08).
  - Action: entry
  - Agreement: merger
  - Counterparty: Mistral, Inc. and Shoshana Banai
  - Value: Total consideration of $175,000,000 payable in shares of common stock, with portions escrowed and pa
  - Effective: 2026-03-08
  source text: On March 8, 2026, Ondas Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Agreement”), by and among the Company, Project Cyclone Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of the Company (“Merger Sub”), Mistral, Inc., a Delaware corporation (“Mistral”), and Shoshana Banai (the “Stockholder”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390026024965/0001213900-26-024965-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.