---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-028724"
form_type: "8-K"
ticker: "ONDS"
cik: "0001646188"
company_name: "Ondas Inc."
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T10:28:31.349243+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ondas acquires Indo Earth Moving Ltd. with $5.7M cash & stock; Indo holds $140M military tender

## Summary
- Cash consideration of $5,663,398 and 5,493,388 shares of Ondas common stock (2.4M issued at close, 3.1M deferred).
- Sellers eligible for up to $140M in additional earn-out payments over three years, payable in stock.
- Indo recently awarded $140M prime contractor tender for military heavy engineering platforms with a major customer.
- Revenue from the tender expected to begin in Q2 2026; program spans two-year delivery plus four-year sustainment.
- Acquisition creates synergies with Ondas' autonomous systems units (Roboteam, 4M Defense, Apeiro) for future robotic upgrades.

## SEC filing metadata
- accession: 0001213900-26-028724
- form_type: 8-K
- ticker: ONDS
- cik: 0001646188
- company_name: Ondas Inc.
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646188/000121390026028724/0001213900-26-028724-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646188/000121390026028724/ea0281726-8k_ondas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-028724
- JSON: https://secwatch.observer/filing/0001213900-26-028724.json
- Plain text: https://secwatch.observer/filing/0001213900-26-028724.txt

## Source-grounded claims
- claim_id: a3cdc69c99f46ab3983a767b566aa6baedc66c16
  claim: Ondas Inc. completed an acquisition involving Indo Earth Moving Ltd. for $5,663,398 in cash and 5,493,388 shares (closed 2026-03-17).
  evidence_excerpt: on March 17, 2026, (the “Closing Date”), the Company acquired 100% of the issued and outstanding share capital of Indo (the “Indo Share Capital”), for a purchase price of $5,663,398 in cash (the “Cash Consideration”) and 5,493,388 shares (the “Shares”) of Company common stock (“Common Stock”), par value $0.0001, including (a) 2,441,506 shares of Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390026028724/0001213900-26-028724-index.htm

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