Ondas Acquires Three Defense Businesses, Insignito, Ottopia Defense And Caribou Labs, For $56M In Cash Or ONDS Stock With Total Potential Earnout Of Up To $32M
The acquired businesses bring technologies ranging from systems already deployed in active conflict environments to capabilities positioned for near-term mission integration across Ondas' existing platforms. The
Ondas bought three smaller defense companies for 56 million dollars. This adds new technology to Ondas' products that the military might use soon.
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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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