M&A
confidence high
sentiment positive
materiality 0.85
Ondas acquires DZYNE Technologies for $875.8M; raises 2026 revenue target to $525M
Ondas Inc.
- Total consideration $875.8M: $200M cash + ~85M shares valued at ~$675M; DZYNE shareholders to own ~13.8% of Ondas.
- DZYNE expected 2026 revenue $191M, >$300M in 2027; >80% CAGR 2025-2028; EBITDA positive in 2026, mid-teens margin 2027.
- Ondas raises 2026 revenue target to at least $525M (from $390M prior), including DZYNE and Omnisys; excludes pending Cyberhawk.
- Forms Ondas Sentinel division combining World View and DZYNE; Ryan Hartman CEO, Matt McCue CTO.
- 45M of 85M shares subject to 6-month lock-up; inducement grants of 500k RSUs and 1.5M options at $7.92 to 255 new employees.