M&A
confidence high
sentiment positive
materiality 0.75
Ondas acquires BIRD Aerosystems in stock deal; enters airborne missile protection market
Ondas Inc.
- Issued 6,933,110 shares to selling stockholders for 100% of BIRD Aerosystems.
- BIRD's AMPS and ISR tech installed on 700+ aircraft across 40+ types; customers include U.S. Army, NATO.
- Acquisition adds advanced DIRCM laser countermeasures and airborne surveillance to Ondas' defense platform.
- Ondas to provide BIRD business outlook on March 25 earnings call.
- Expands into unmanned aerial system missile protection and counter-UAS markets.