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06. July 2026

Ondas Unveils Ambitious Expansion With 876 Million Drone Deal

Ondas Unveils Ambitious Expansion With 876 Million Drone Deal

Ondas Makes $876 Million Acquisition of DYZNE, Latest in Expansion Spree

In a significant move, Ondas Inc., an autonomy firm, has finalized an acquisition deal worth $875.8 million to acquire drone and counter-drone company DYZNE, further solidifying its position in the unmanned systems market.

The recent acquisition marks the latest in Ondas’ two-year acquisition spree, which has seen at least seven deals in the unmanned systems business. With this latest move, Ondas is now raising its revenue projections for 2026 from $390 million to $525 million, driven by the acquisition of DYZNE’s two major product franchises.

One of the key products being acquired is the Ultra long-endurance, high-altitude recon drone, which boasts a three-day flight time at 25,000 feet and has “tens of thousands of operational flight hours” with US and allied forces. This drone was acquired for $875.8 million and is currently in transition to an official Air Force program of record, further expanding Ondas’ presence in the military market.

The other hero product from DYZNE being acquired is a newly developed low-cost drone-killing drone, the IonStrike interceptor, intended as an affordable defense against the Iranian-developed but widely copied Shahed-136 attack drone. The Dutch government has invested €30 million in DZYNE’s software technology, which was field-tested by the Army in May and has generated significant interest among military customers.

The acquisition of DYZNE fills a gap in Ondas’ prior stable, which had stratospheric surveillance balloons and ground robots. With this latest addition, Ondas now offers a comprehensive portfolio of drones and counter-drone defenses “from the surface to the stratosphere,” according to Ryan Hartman, head of Ondas’ Technical Division.

Ondas’ CEO Eric Brock emphasized the importance of leading this transition rather than simply participating in it. According to Ondas, the acquisition will “fundamentally change the scale and earnings profile of the company”. The recent acquisition marks a significant milestone in Ondas’ strategy to knit together its various acquisitions under a single unified business.

The DYZNE deal is part of Ondas’ plan to create a comprehensive portfolio of drones and counter-drone defenses, leveraging Palantir software to unify manufacturing and logistics operations. This will enable Ondas to focus on driving growth and operating leverage across the company.

The partnership with Palantir has also enabled Ondas to develop its own command-and-control system, SkyWeaver. Ondas acquired DZYNE as part of this acquisition spree, which serves as a matchmaker for several deals, including the recent acquisition of World View, which makes ultra-high-altitude surveillance balloons called “Stratollites.”

The partnership with Palantir has also enabled Ondas to develop its own AI-enabled software suite, Maven. However, the ultimate objective of SkyWeaver is to connect with products from a wide range of other manufacturers, rather than creating a proprietary closed architecture.

The long-term ambition of Ondas is to create a comprehensive recon-strike package connecting large numbers of affordable unmanned systems, positioning itself to ride a new wave of Pentagon and allied investment in autonomous systems. The company believes that the future of defense belongs to autonomous systems, software-defined warfare, affordable mass, and persistent intelligence.

The acquisition also brings Ondas closer to its goal of acquiring Draganfly for $667.4 million, which makes ultra-low-cost and mass-producible technology, intellectual property, and infrastructure in fixed-wing drones.

With this latest acquisition, Ondas is poised to drive growth and operating leverage across its expanding portfolio of drones and counter-drone defenses. The company’s focus on innovation and its strategic partnerships position it well for success in the highly competitive unmanned systems market.

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