Ondas Acquires 3 Defense Technology Firms for $56 Million

10:01 AM EDT, 09/23/2026 (MT Newswires) -- Ondas (ONDS) said Wednesday it has acquired defense technology firms Insignito, Ottopia Defense and Caribou Labs for $56 million, payable in cash or Ondas common stock. The transactions also include potential earnout consideration of up to $32 million, payable upon the achievement of key performance milestones through 2028, the company said. According to the company, the Insignito deal adds a unique passive acoustic sensing layer to detect, classify and track drones. Ottopia provides software and communications infrastructure for unmanned maneuvering platforms, while Caribou Labs provides global navigation satellite systems-denied navigation. Price: 7.90, Change: +0.18, Percent Change: +2.33