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Ondas Targets Industrial AI with $125 Million Cyberhawk Acquisition

Ondas is betting $125 million on the future of autonomous infrastructure inspection, moving to acquire Scottish drone specialist Cyberhawk in a cash-and-stock transaction. The deal, expected to close in the third quarter, aims to merge Cyberhawk’s specialized analytics software with Ondas’ existing fleet of autonomous drone systems.

Ondas Targets Industrial AI with $125 Million Cyberhawk Acquisition

Cyberhawk brings significant momentum to the partnership, projecting $45 million in revenue for the fiscal year ending in March alongside a $95 million backlog. By integrating Cyberhawk’s infrastructure intelligence platform and AI-driven diagnostic tools, Ondas intends to deepen its reach into the energy and utility sectors.

Chief Executive Eric Brock described the acquisition as a strategic move to leverage Cyberhawk’s domain expertise and data processing capabilities. The purchase structure leans heavily on liquidity, with 95% of the deal funded by cash and the remainder settled in Ondas equity.

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