Ondas to Buy Cyberhawk for $125 Million as It Pushes Into Critical Infrastructure AI
Updated
Updated · ir.ondas.com · Jun 18
Ondas to Buy Cyberhawk for $125 Million as It Pushes Into Critical Infrastructure AI
3 articles · Updated · ir.ondas.com · Jun 18
Summary
$125 million is the agreed value of Ondas' acquisition of Cyberhawk, a deal expected to close in the third quarter of 2026 pending approvals.
About 95% of the purchase price will be paid in cash, while some Cyberhawk leaders will roll roughly $5 million into Ondas stock under a one-year lock-up.
Cyberhawk gives Ondas immediate scale in utility and energy infrastructure, with operations in 40 countries, more than 300 customers and about $95 million of backlog.
The target is forecast to generate more than $45 million in revenue for the year ending March 2027, with about 95% recurring revenue and high-single-digit EBITDA margins.
Ondas said Cyberhawk's 500,000-plus inspected assets, 232 terabytes of data and iHawk software will strengthen its dual-use platform across defense, security and critical infrastructure.
Is Ondas's multi-billion dollar acquisition spree building a tech empire or a bubble set to burst?
When a defense firm buys the eyes on our energy grid, what new cyber threats emerge?
Can one AI platform master both commercial markets and the modern battlefield without failing at both?
Ondas to Acquire Cyberhawk for $125 Million: Transforming Autonomous Intelligence for Critical Infrastructure
Overview
Ondas Inc. has agreed to acquire Cyberhawk Innovations Limited for about $125 million, with 95% paid in cash and the rest in Ondas stock held by Cyberhawk’s leadership under a one-year lock-up. The deal, expected to close in Q3 2026 pending regulatory approval, will combine Ondas’ private wireless, drone, and automated data solutions with Cyberhawk’s expertise in drone inspections and asset visualization software. This strategic move aims to strengthen Ondas’ position in autonomous systems for critical infrastructure, leveraging both companies’ technologies to deliver advanced, integrated solutions to a global market.