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ONDS — Ondas News Story

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Brief: Ondas Acquires Three Defense Technology Businesses To Expand Its Integrated Autonomous Defense Systems Platform

BRIEF-Ondas Acquires Three Defense Technology Businesses To Expand Its Integrated Autonomous Defense Systems Platform

- Ondas Inc ONDS.O:

  • ONDAS INC: ACQUIRES THREE DEFENSE TECHNOLOGY BUSINESSES TO EXPAND ITS INTEGRATED AUTONOMOUS DEFENSE SYSTEMS PLATFORM

  • ONDAS INC: ACQUIRED BUSINESSES FOR AGGREGATE CONSIDERATION OF $56 MILLION, PAYABLE IN CASH OR ONDAS COMMON STOCK

  • ONDAS INC: DEAL INCLUDES POTENTIAL EARNOUT CONSIDERATION OF UP TO $32 MILLION, UPON ACHIEVEMENT OF KEY PERFORMANCE MILESTONES THROUGH 2028

Source text: [ID:]

Further company coverage: ONDS.O


((Reuters.Briefs@thomsonreuters.com))

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