Ondas acquires DZYNE for $875.8M, expanding its defense capabilities

DZYNE says its Grasshopper family of systems delivers autonomous aerial resupply in contested environments.

Grasshopper delivers autonomous aerial resupply in contested environments. | Source: DZYNE Technologies

Ondas Inc. last week acquired DZYNE Technologies LLC, an Irvine, Calif.-based defense technology company. The acquisition is valued at $875.8 million and was financed through a cash-and-stock structure.

Ondas said the acquisition will give it complementary capabilities across multi-domain intelligence, surveillance, and reconnaissance (ISR); counter-uncrewed aerial systems (UAS); precision strike; mission intelligence; and autonomous systems to address the evolving needs of U.S. and allied defense customers

“The character of warfare is changing rapidly, and military advantage increasingly belongs to organizations capable of deploying autonomous systems at scale,” stated Eric Brock, chairman and CEO of Ondas. “DZYNE brings exceptional technology, world-class engineering talent and mission-ready systems across long-endurance ISR, counter-UAS, and autonomous effects.”

“The combination with DZYNE accelerates Ondas’ buildout of the next-generation autonomous defense platform—not through a single breakthrough product, but by integrating complementary, mission-proven technologies into a scaled operating platform,” he added.

Founded in 2012, DZYNE specializes in the rapid design, development, and deployment of advanced systems. The company integrates artificial intelligence into its long-endurance autonomous aircraft and can provide full-motion video and video processing, autonomous navigation, and tracking and targeting capabilities. Ondas said it is an operationally mature business with established relationships across the defense community.

Ondas said it expects DZYNE to generate $191 million in revenue for the full year 2026 and more than $300 million in 2027. For 2026, Ondas is now targeting at least $525 million in revenue.

Founded in 2006, Ondas sells robots, drones, and networking technology through its Ondas Autonomous Systems (OAS) and Ondas Networks units. It serves a variety of industries, including rail, energy, public safety, critical infrastructure, and government markets.

The West Palm Beach, Fla.-based company last year closed its underwritten offering of 46 million shares of its common stock. Ondas estimated that it brought in $217 million from the offering.

Ondas said DZYNE brings three key strengths

Ondas said DZYNE advances its multi-domain roadmap. DZYNE’s ULTRA is a long-endurance autonomous aircraft delivering multi-day ISR across large operational areas. The system has already logged tens of thousands of operational flight hours. With DZYNE, Ondas said its portfolio will span stratospheric, long-endurance theater, and tactical ISR.

DZYNE’s IonStrike expands Ondas’ counter-UAS portfolio with a fully kinetic, autonomous interceptor designed to detect, track, and physically defeat hostile drones in flight. IonStrike was designed to to counter the Iranian-designed Shahed-136 class of one-way attack drones and other emerging aerial threats.

The company said it also brings Dronebuster, a handheld counter-UAS system that works with IonStrike to form a layered aerial security architecture against evolving unmanned threats.

In addition, DZYNE brings a family of autonomous systems that Ondas said will allow it to support a broader spectrum of missions spanning intelligence, force protection, logistics, and precision effects. DZYNE’s portfolio includes the Blitz autonomous Group 1 UAS and Grasshopper autonomous cargo glider.

Blitz combines autonomy with 93.2 mi. (150 km) range, swarm capabilities, and an open, modular architecture into one scalable platform. Grasshopper can deliver up to 500 lb. (226.7 kg) of supplies into contested or denied environments.

Ondas Sentinel is a dedicated U.S. operating division

Ondas has formed Ondas Sentinel, a dedicated operating division unifying its growing U.S. portfolio of autonomous defense technologies. The company initially intended Sentinel to integrate World View and DZYNE.

Now, it combines persistent ISR, counter-UAS, autonomous effects, and mission intelligence into a scalable organization, asserted Ondas. The company said Sentinel will support larger, more integrated defense programs while using common technology roadmaps, manufacturing, sustainment and AI-enabled mission software.

Ryan Hartman, CEO of World View, will serve as CEO of Ondas Sentinel. Matt McCue, the co-founder and CEO of DZYNE, will be chief technology officer of Ondas Sentinel.