Ondas Inc. (ONDS) announced Monday it will acquire DZYNE Technologies in an $875.8 million cash-and-stock deal, a move that reshapes the company into a full-service autonomous defense technology platform.
Ondas $ONDS agreed to acquire autonomous aircraft maker DZYNE Technologies for $875.8M in cash and stock, per Bloomberg.
Deal terms:
$200M cash
About $675M stock
More than half the stock locked up for 6 monthsDZYNE makes unmanned aircraft for military surveillance,… pic.twitter.com/d2Xvg2znAG
— Wall St Engine (@wallstengine) July 6, 2026
DZYNE investors receive $200 million in cash and approximately $675 million in stock, with more than half of the stock portion subject to a six-month lock-up period. Private equity firm Highlander Partners holds a majority stake in DZYNE.
The deal was formally completed on July 2, 2026, following Ondas’s acquisition of High Point UAS, LLC, which gave it full ownership of DZYNE.
The terms include 84,999,996 Ondas common stock split between immediate and locked-up tranches. The structure is designed to align new investors with existing stockholders while supporting orderly market trading.
DZYNE is an established defense contractor known for long-endurance ISR aircraft, counter-drone systems, and autonomous effects platforms. Its systems are used across multiple branches of the U.S. military and allied defense customers.
ONDS stock was trading up approximately 1.35% on the news.
DZYNE becomes the anchor of a new Ondas division called Ondas Sentinel, which will also include World View. The division is aimed at deepening Ondas’s footprint in U.S. and allied defense markets.
DZYNE brings a three-year pipeline valued at $1.5 billion and a current backlog of $111 million as of June 30, 2026. The company projects $191 million in revenue for 2026 and more than $300 million for 2027.
With DZYNE added, Ondas has raised its consolidated 2026 revenue target to $525 million, up from a prior forecast of $390 million. That’s a jump of $135 million from one deal.
The acquisition follows the completion of Ondas’s Omnisys purchase in May, showing a clear pattern of rapid portfolio expansion in the defense autonomy space.
The most recent analyst rating on ONDS is a Buy with a $23.00 price target.
On the positive side, Spark points to raised revenue guidance, strong Q1 growth, improving gross margins, a sizable backlog, and strong liquidity.
The company’s current market cap stands at $3.88 billion, with average daily trading volume of over 68 million shares.
Transaction materials released July 6, 2026 confirmed the $1.5 billion pipeline figure and improving EBITDA margins projected alongside the revenue growth.
The post Ondas (ONDS) Stock: $876M DZYNE Acquisition Creates Defense Drone Platform appeared first on CoinCentral.
