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Ondas Completes $196.6 Million Purchase of Omnisys as Shares Rally

The acquisition gives Ondas a combat‑proven software orchestration layer that can shift the company toward higher‑margin, recurring defense software revenue.

Overview

  • Shares of Ondas rose about 9% on Tuesday after the company closed the all‑stock $196.6 million acquisition of Israel’s Omnisys and analysts reiterated bullish ratings.
  • Ondas finalized the deal to add Omnisys’ Battle Resource Optimization orchestration layer, a vendor‑agnostic, profitable AI‑defense platform used in advanced missile defense applications.
  • The company reported blowout Q1 results with revenue up 1,079% year over year and raised full‑year 2026 revenue guidance to at least $390 million while disclosing a pro forma backlog of $457 million.
  • Needham and other analysts estimate Omnisys could add $30 million to $40 million in pro forma revenue in 2026 and project more than $100 million in combined revenue through 2027, but investors are watching integration and execution closely.
  • The transaction was structured as an all‑stock deal with additional share‑installment payments subject to registration and resale limits, and Ondas’ large cash and investment balance plus prior M&A activity support its push into allied Army and defense programs.