Merger facilitates Ondas' presence within the U.S. Department of Defense,
various federal agencies, and U.S. State and Local Law Enforcement
through Mistral's decades of experience as a prime contractor and
trusted supplier to the U.S. Government
Mistral serves as Prime Contractor on over a billion dollars of IDIQ and
various US DOD contracts for various weapon systems, UAS, and drones;
Mistral is also a leading provider for the U.S. State and Local
governments and the HLS market for public protection systems
Mistral accelerates Ondas' U.S. Defense expansion strategy by adding
Prime Contract access, U.S.-Based manufacturing infrastructure, and
established Federal and State contracting capabilities
WEST PALM BEACH, FLORIDA / ACCESS Newswire / March 9, 2026 / Ondas Inc.
(Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of
autonomous aerial and ground robot intelligence through its Ondas
Autonomous Systems (OAS) business unit and private wireless solutions
through Ondas Networks, today announced it has entered into a merger
agreement with Mistral Inc., a U.S.-based defense prime contractor with
decades of experience supporting U.S. military, federal, and public
safety programs. Under the agreement, Mistral will merge with a
subsidiary of Ondas, while maintaining its current contract
administration responsibilities. The transaction provides Ondas with
direct prime contractor access to U.S. Army and Special Operations
contract vehicles while adding U.S.-based manufacturing, integration,
and federal contracting infrastructure.
Mistral has spent decades supporting U.S. defense, federal, and public
safety programs, building a strong reputation for introducing new
technologies into operational environments and successfully executing
large government contracts.
"Mistral brings decades of trusted performance supporting U.S. defense
and public safety customers, along with a highly experienced team that
has repeatedly demonstrated its ability to introduce advanced
technologies into operational programs," said Eric Brock, Chairman and
CEO of Ondas. "The company has a strong track record capturing and
executing large government programs and integrating mission-critical
systems for the U.S. military and federal agencies. By combining
Mistral's proven prime contractor capabilities and program expertise
with Ondas' expanding portfolio of autonomous air and ground platforms,
we believe we are well positioned to deliver integrated mission
solutions directly to U.S. defense customers while expanding our
manufacturing and program execution capabilities in the United States."
"Joining Ondas represents an exciting new chapter for Mistral," said
Eyal Banai CEO of Mistral Inc. "Our team has spent decades supporting
critical defense and public safety programs, and the addition of Ondas
unique autonomous systems solutions allows us to expand those
capabilities while continuing to deliver the reliability and execution
our customers expect. With the additional scale, technology portfolio,
and global reach of Ondas, we are even better positioned to support our
domestic defense customers, industrial base, and industry partners as
mission requirements continue to evolve."
Mistral, headquartered in Bethesda, MD, operates U.S.-based
manufacturing, assembly, integration, and quality assurance
infrastructure supporting rapid program execution and compliance with
U.S. defense sourcing requirements. As a prime contractor on U.S. Army
and USSOCOM uncrewed and autonomous platforms procurement vehicles, the
company supports rapid capability fielding and mission equipment
integration for operational units. Mistral's experience includes
unmanned systems procurement, advanced mission equipment integration,
defense electronics, survivability and mobility enhancements, and
lifecycle sustainment services.
The merger aligns with Ondas' strategy to expand its U.S. defense
footprint and transition from standalone system deployments to
structured participation in multi-year contract vehicles. Mistral's
contracting infrastructure and integration capabilities will support the
deployment of Ondas' expanding portfolio of autonomous aerial and ground
systems-including counter-drone, robotic, and ISR platforms-into U.S.
military, homeland security, and public safety programs and help
transition Ondas from standalone system deployments to participation in
multi-year DoD contract vehicles and program-of-record opportunities.
Together with Mistral capabilities, we believe Ondas is well positioned
to deliver fully integrated autonomous air and ground solutions aligned
with Department of Defense modernization priorities, homeland security
requirements, and state-level public safety missions. The acquisition
represents an important step in Ondas' strategy to expand its role
within U.S. defense procurement by combining advanced autonomous
platforms with U.S.-based prime contractor infrastructure capable of
competing for and executing multi-year government programs.
For additional information regarding the terms of the merger agreement,
please see the Current Report on Form 8-K to be filed with the
Securities and Exchange Commission later today. Ondas will provide
outlook information regarding Mistral on its earnings conference call
scheduled for Wednesday, March 25, 2026 at 8:30 a.m. Eastern Time.
About Ondas Inc.
Ondas Inc. (Nasdaq:ONDS) is a leading provider of autonomous systems and
private wireless solutions through its business units Ondas Autonomous
Systems (OAS), Ondas Capital and Ondas Networks. Ondas' technologies
offer a powerful combination of aerial intelligence and next-generation
connectivity to enhance security, operational efficiency, and
data-driven decision-making across essential industries.
Ondas Autonomous Systems ("OAS") delivers a portfolio of AI-powered
defense and security platforms deployed globally to protect sensitive
sites, populations, and critical infrastructure. Through its operating
companies-American Robotics, Airobotics, Apeiro Motion, Roboteam Ltd.,
and Sentrycs-OAS provides an integrated suite of autonomous aerial,
ground, and counter-UAS solutions. These include the Optimus System, the
first FAA-certified small UAS for fully automated aerial security and
data capture; Iron Drone Raider, an autonomous counter-UAS interception
platform; Roboteam's combat-proven tactical ground robotic systems for
military and special operations forces; Apeiro Motion's advanced ground
robotics and tethered UAV systems with proprietary navigation and
communications technologies; and Sentrycs' Cyber-over-RF (CoRF) and
protocol-manipulation counter-UAS solutions.
Ondas Capital plans to combine advisory services and strategic
investment management services to accelerate the rapid scaling and
global deployment of unmanned and autonomous systems to Allied defense
and security markets.
Ondas Networks provides software-defined wireless broadband technology
through its FullMAX platform, based on the IEEE 802.16t standard. This
standards-based system delivers high-performance connectivity for
mission-critical IoT applications in markets such as rail, utilities,
oil and gas, transportation, and government.
For additional information on Ondas Inc.: www.ondas.com, X and LinkedIn
For Ondas Autonomous Systems: LinkedIn
For Airobotics: www.airoboticsdrones.com, X and LinkedIn
For American Robotics: www.american-robotics.com, X and LinkedIn
For Sentrycs: www.sentrycs.com, X and LinkedIn
For Roboteam: www.robo-team.com, X and LinkedIn
For Apeiro Motion: www.apeiro-motion.com, LinkedIn
For Ondas Networks: www.ondasnetworks.com, X and LinkedIn
Forward-Looking Statements
Statements made in this release that are not statements of historical or
current facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. We caution readers
that forward-looking statements are predictions based on our current
expectations about future events. These forward-looking statements are
not guarantees of future performance and are subject to risks,
uncertainties and assumptions that are difficult to predict. Our actual
results, performance, or achievements could differ materially from those
expressed or implied by the forward-looking statements as a result of a
number of factors, including the risks discussed under the heading "Risk
Factors" discussed under the caption "Item 1A. Risk Factors" in Part I
of our most recent Annual Report on Form 10-K or any updates discussed
under the caption "Item 1A. Risk Factors" in Part II of our Quarterly
Reports on Form 10-Q and in our other filings with the SEC. We undertake
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise that occur after that date, except as required by law.
Contacts
IR Contact for Ondas Inc.
888-657-2377
ir@ondas.com
Media Contact for Ondas Inc.
Escalate PR
ondas@escalatepr.com
Preston Grimes
Marketing Manager, Ondas Inc.
preston.grimes@ondas.com
SOURCE: Ondas Holdings Inc.
View the original press release on ACCESS Newswire
(END) Dow Jones Newswires
March 09, 2026 09:26 ET (13:26 GMT)
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