$ONDS (ONDAS) — 8-K: Ondas acquires GATE Technologies for $205 million plus up to $185 million earn-out

Ondas acquired GATE Technologies, an Israeli developer of Electronic Safe & Arm Devices and advanced electronic fuzing, along with Bron Technologies, its European manufacturing and certification affiliate. Consideration is $205 million, mostly cash, plus a working capital adjustment and up to $185 million in performance-based earn-out consideration. The acquired business is expected to contribute more than $130 million of aggregate Adjusted EBITDA through 2028. GATE products are integrated into more than dozens of weapon systems, including approximately 100 reported RUBI LM configurations, adding safe-and-arm technology to Ondas' Precision Strike platform with U.S. production targeted for the first half of 2027.

Ondas acquired GATE Technologies, an Israeli developer of Electronic Safe & Arm Devices and advanced electronic fuzing, along with Bron Technologies, its European manufacturing and certification affil