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Ondas Acquires DZYNE, Adding Long Range UAS, More C-UAS, And Launched Effects

Cal Biesecker By
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Ondas Acquires DZYNE, Adding Long Range UAS, More C-UAS, And Launched Effects
DZYNE's ULTRA long-range endurance drone. Photo: Ondas Holdings

In a deal that adds complementary products, beefs up the company’s manufacturing capacity and finances, and broadens its portfolio of low cost and autonomous technologies, Ondas Holdings [ONDS] on Monday said it has acquired DZYNE Technologies for $875.8 million, consisting of $200 million in cash and the rest in equity. The deal closed on July 2. Ondas was already forecasting sales this year of about $390 million while DYZNE is expected to generate $191 million in 2026 and more than…

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