Shell

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Ondas(ONDS.US) Ondas to Acquire Cyberhawk in $125 Million Infrastructure Intelligence Deal

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐎𝐧𝐝𝐚𝐬 agreed to acquire 𝐂𝐲𝐛𝐞𝐫𝐡𝐚𝐰𝐤 in a transaction valued at 𝐚𝐩𝐩𝐫𝐨𝐱. $𝟏𝟐𝟓 𝐦𝐢𝐥𝐥𝐢𝐨𝐧.

➤ Approximately 𝟗𝟓% of the purchase price will be funded in 𝐜𝐚𝐬𝐡.

➤ Cyberhawk operates in 𝟒𝟎 countries, serving 𝟑𝟎𝟎+ customers worldwide.

➤ Cyberhawk expects 𝐨𝐯𝐞𝐫 $𝟒𝟓 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 revenue in FY ending March 2027.

➤ Company generates approximately 𝟗𝟓% 𝐫𝐞𝐜𝐮𝐫𝐫𝐢𝐧𝐠 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 through contracts and subscriptions.

➤ Cyberhawk maintains a 𝐛𝐚𝐜𝐤𝐥𝐨𝐠 𝐨𝐟 $𝟗𝟓 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 across infrastructure markets.

➤ Customer base includes 𝐏𝐆&𝐄, Shell, Southern California Edison, Qatar Energy and Bechtel.

➤ Cyberhawk has inspected 𝟓𝟎𝟎,𝟎𝟎𝟎+ infrastructure assets and collected 𝟐𝟑𝟐+ 𝐓𝐁 of proprietary data.

➤ Acquisition combines Cyberhawk's 𝐢𝐇𝐚𝐰𝐤 software platform with Ondas' autonomous systems and sensing technologies.

➤ Deal is expected to close in 𝐐𝟑 𝟐𝟎𝟐𝟔, subject to approvals and customary conditions.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Expands Ondas' presence across 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞, energy and utility markets.

➤ Adds a high-quality business with 𝟗𝟓% 𝐫𝐞𝐜𝐮𝐫𝐫𝐢𝐧𝐠 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 and $𝟗𝟓 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 backlog.

➤ Strengthens Ondas' 𝐝𝐮𝐚𝐥-𝐮𝐬𝐞 strategy spanning defense, security and industrial markets.

➤ Creates an integrated platform for 𝐀𝐈-𝐝𝐫𝐢𝐯𝐞𝐧 asset intelligence and autonomous inspections.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "Cyberhawk is a market leader in critical infrastructure intelligence and represents a transformative addition to Ondas. The company has built a highly differentiated platform combining software, data, AI-enabled analytics and deep domain expertise across some of the world's most important utility and energy networks." — 𝐄𝐫𝐢𝐜 𝐁𝐫𝐨𝐜𝐤, Chairman and CEO of Ondas.

➤ "We believe critical infrastructure resilience, energy security and industrial continuity are increasingly national security priorities, creating a large and growing opportunity for integrated autonomous intelligence solutions." — 𝐄𝐫𝐢𝐜 𝐁𝐫𝐨𝐜𝐤.

➤ "Today, we're excited to join forces with Ondas to accelerate the adoption of this technology - improving data quality while fundamentally reducing risk and human exposure across critical infrastructure." — 𝐂𝐡𝐫𝐢𝐬 𝐅𝐥𝐞𝐦𝐢𝐧𝐠, Founder and CEO of Cyberhawk.

➤ "Cyberhawk represents a highly strategic addition to Ondas as we continue executing our growth plan around autonomous platforms, software, and integrated customer workflows." — 𝐌𝐚𝐫𝐤 𝐆𝐫𝐞𝐞𝐧, Global Head of Corporate Development and M&A at Ondas.