Ondas Acquires Israeli Defense Tech Company Gate Technologies And Its European Manufacturer Bron Technologies For $205M, Comprising $105M In Cash And $100M In ONDS Stock, Plus Working Capital Adjustment And Up To $185M Of Earn-Outs
Ondas acquired GATE Technologies Ltd. ("GATE"), an Israeli-based defense technology company specializing in Electronic Safe & Arm Devices ("ESADs") and advanced electronic fuzing technologies used
Ondas bought two defense tech companies for about $205 million upfront. Watch whether Ondas can successfully combine these new businesses into profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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