Expanding foothold in Israel, Ondas acquires three more defense tech companies

American defense tech firm Ondas has signed a $56 million deal to acquire three Israeli defense technology companies — Insignito, Ottopia Defense, and Caribou Labs — to expand its autonomous systems platform. The acquisitions add acoustic sensing, resilient communications, and GPS-independent navigation capabilities. Ondas said the deal strengthens its "systems-of-systems" approach for contested environments. This follows a series of acquisitions by Ondas in the Israeli defense sector over the past year, including last week's purchase of Gate Technologies and Bron Technologies for approximately $205 million. The company also issued inducement equity awards to 37 employees joining through the acquisitions.

American defense technology company Ondas has signed an agreement to acquire three Israeli defense technology businesses — Insignito, Ottopia Defense, and Caribou Labs — for a total of $56 million. The acquisitions expand Ondas' integrated autonomous defense systems platform by adding resilient communications, remote control for unmanned systems, and navigation capabilities for environments where GPS and other systems are disrupted. Ondas said the deal is intended to strengthen its "systems-of-systems" approach, combining sensing, connectivity, navigation, and autonomy across aerial and ground systems. Insignito's systems include passive acoustic tools capable of detecting and classifying drones that evade radar; Ottopia provides communications and teleoperation software for degraded environments; and Caribou provides positioning technologies for GPS-denied conditions. Several of these capabilities are already deployed in active conflict zones. Ondas said the $56 million purchase price represents less than three times the expected 2027 revenue of the businesses, with earnout payments of up to $32 million possible through 2028. The company also issued inducement equity awards to 37 employees joining through the acquisitions. Ondas has been on a buying spree of Israeli defense companies over the past year, acquiring over a dozen companies in the military robotics and drones fields. Last week, it acquired Gate Technologies and Bron Technologies for approximately $205 million.