Ondas Holdings Inc. acquired three defense technology companies for a total of $56 million. The deal includes the acquisition of Insignito, Ottopia Defense, and Caribou Labs.
Insignito provides acoustic intelligence for drone detection. Ottopia Defense develops resilient communications for unmanned systems. Caribou Labs specializes in navigation technology for GPS-denied environments.
The transaction includes up to $32 million in potential performance-based earnouts through 2028. Ondas will pay the consideration in cash or stock.
The acquisitions integrate field-deployed and mission-ready capabilities into Ondas' autonomous systems platform. This strategic move targets accelerated growth in the defense and autonomous systems markets.