Ondas Completes Acquisition of Cyberhawk to Enhance AI-Driven Infrastructure Intelligence

Ondas has finalized its acquisition of Cyberhawk, a leader in drone-enabled inspection and AI-powered asset intelligence. This move expands Ondas' capabilities in critical infrastructure intelligence by integrating Cyberhawk's software-enabled inspection platform and established customer base across various sectors, including utilities and energy. The acquisition supports Ondas' strategy to develop a comprehensive autonomous infrastructure intelligence platform. In connection with this acquisition, Ondas approved inducement equity awards for 47 newly hired employees, totaling 1,601,593 RSUs and stock options for 1,290,000 shares. The integration aims to enhance data integration, AI-enabled workflows, and operational efficiencies. Ondas' CEO emphasized the potential for accelerated growth in the drone inspection services market driven by technological advancements.

Key Points: • Ondas completed the acquisition of Cyberhawk to enhance its AI-driven inspection capabilities. • The deal includes inducement equity awards for 47 new employees totaling over 1.6 million shares. • The integration aims to improve operational efficiencies and data management in critical infrastructure sectors.