Ondas completes $205 million acquisition of Gate Technologies and Bron Technologies
On September 14, 2026, Ondas Inc. completed its acquisition of Gate Technologies Ltd., an Israeli maker of electronic safe-and-arm devices, and Bron Technologies sp. z.o.o., a Polish manufacturer. The 8-K lists $105.0 million in cash and 10,689,655 shares of common stock at closing, plus a $25 million working capital adjustment, with up to $185 million in earn-out payments over two years. Ondas expects the acquired business to contribute more than $130 million of Adjusted EBITDA through 2028, and the new shares can be resold only within volume limits set by a registration rights agreement.
Key points
- Closing payment of $105.0 million in cash and 10,689,655 shares of common stock, plus a $25 million working capital adjustment
- About $22.5 million more to be issued within nine months of the Closing Date, subject to post-closing obligations of the Indemnifying Parties
- Up to $185 million in contingent earn-out payments over two years after closing, payable in common stock per the 8-K
- Shareholders may sell no more than 15% of average daily trading volume in any single trading day under the registration rights agreement
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.