Ondas to acquire Cyberhawk for ~$125M in cash; expands into critical infrastructure intelligence

Ondas Inc.

Transaction valued at ~$125M, ~95% cash funded; expected close in Q3 2026.
Cyberhawk forecasted revenue >$45M for FY ending March 2027, ~95% recurring, $95M backlog.
Cyberhawk brings 300+ customers, 500K+ assets inspected, 232 TB proprietary data, operations in 40 countries.
Combined platform integrates autonomous data collection, iHawk software, AI analytics for defense, security, and critical infrastructure.
Cyberhawk leadership rolling ~$5M into Ondas stock with one-year lock-up.

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