Ondas to acquire Aran Defense for about $33 million in cash or stock

Reuters2026/08/18 12:31

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Ondas agreed to buy Aran Defense, the defense division of Israel’s Aran, to expand local engineering and manufacturing capacity.
Purchase price set at about USD 33 million in cash or Ondas common stock, subject to working-capital and customary adjustments.
Deal values Aran Defense at about 1.3x expected 2026 revenue; closing targeted for Q3 2026.
Aran Defense revenue rose to about USD 17 million in 2025 from about USD 12 million in 2024; 2026 revenue seen at about USD 26 million.
Transaction is aimed at scaling production for Ondas’ autonomous defense systems in Israel, including counter-UAS and ISR platforms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ondas Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608180830ACCESSWRNAPR_____1208581) on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Ondas to acquire Aran Defense for about $33 million in cash or stock

You may also like

Crypto prices