Shares of Ondas Inc. (NASDAQ:ONDS) rose about 2.8% on Monday after the company announced a definitive agreement to acquire Rotron Aero, a UK-based specialist in unmanned aerial systems and autonomous platforms.
The acquisition is expected to enhance Ondas’ capabilities in defense and security markets by adding long-range unmanned aerial vehicles, autonomous strike platforms, and advanced propulsion technologies. Rotron Aero is known for systems designed for extended-range operations and autonomous strike missions, which will integrate with and expand Ondas’ existing systems architecture.
Ondas said the transaction positions the company to address rising demand for cost-efficient technologies suited to modern battlefields. By incorporating Rotron’s capabilities, Ondas plans to introduce next-generation autonomous attack systems with long-range strike functionality that can operate within its broader integrated platform.
“Modern conflicts demand systems that can operate at range, persist over time, and execute missions without continuous human control,” said Eric Brock, Chairman and CEO of Ondas Inc. “Rotron Aero will strengthen Ondas’ ability to deliver long range autonomous attack platforms as part of a fully integrated system of systems.”
Rotron’s product lineup includes long-endurance vertical take-off and landing platforms and uncrewed combat aerial vehicles built for precision autonomous missions. Key offerings include the Talon multi-role VTOL family and the Defendor autonomous attack system.
The acquisition will be funded through a mix of cash and stock and remains subject to customary closing conditions and regulatory approvals. Once completed, Rotron’s personnel and technologies will be integrated into Ondas Autonomous Systems.