
Ondas Holdings Inc.(ONDS) announced on Tuesday that it has agreed to acquire Roboteam Holdings, a developer of rugged unmanned ground vehicles (UGVs), in a move to bolster its multi-domain autonomy capabilities.
Roboteam already supports Tier-1 forces, including the U.S. Department of Defense, U.S. Marine Corps, and Israeli Ministry of Defense.
The deal brings Roboteam’s well-established ground robots, which are already fielded by defense and security forces in over 30 countries, into the Ondas Autonomous Systems (OAS) business.
Ondas expects this integration to enable access to priority defense contracts much more quickly. The company also projects that Roboteam will contribute between $3 to $4 million in revenue in the fourth quarter of 2025 and at least $30 million in 2026.
Ondas’ stock traded over 1% lower in Tuesday’s premarket. On Stocktwits, retail sentiment around the stock remained in ‘bullish’ territory amid ‘high’ message volume levels.
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.