Ondas Holdings Inc. completed its acquisition of World View Enterprises on April 1 2026, adding a high‑altitude, long‑endurance ISR platform to its autonomous systems portfolio.
The transaction was structured for up to 12,775,219 Ondas common shares, with 99,233 shares held in escrow, and approximately $7.3 million in cash to satisfy outstanding obligations. Inducement equity awards include 2,309,934 RSUs and 1,745,000 options exercisable at $9.02 per share.
World View’s Stratollite® platform has flown more than 140 stratospheric missions, carrying payloads up to 10,000 kg and delivering continuous, wide‑area coverage. Its customers include NASA, NOAA, the U.S. Department of War, and the U.S. Air Force.
Ondas’ CEO Eric Brock said, "This acquisition represents a defining step in building a next‑generation ISR architecture. By integrating persistent stratospheric sensing with autonomous systems and real‑time response capabilities, we are creating a unified, multi‑domain platform designed to meet the evolving requirements of modern defense and security operations. We believe the future of ISR will be defined by integrated, multi‑domain architectures—and Ondas is building that platform today." The addition of World View’s assets extends Ondas’ OAS segment into the stratosphere, providing long‑endurance, wide‑area persistence that complements its existing aerial, ground, and cyber‑over‑RF capabilities.
World View’s CEO Ryan Hartman added, "The World View team has built a truly differentiated and operationally proven stratospheric platform. I am incredibly proud of what we have accomplished, and we are honored and excited to join the Ondas team." He noted that the partnership will accelerate World View’s growth trajectory and enable larger‑scale execution of its vision.
Ondas has posted rapid revenue growth in 2025, with full‑year revenue of $50.7 million, a 605 % increase from 2024, and a gross margin of 40 %. Despite continued net losses, the company’s cash position exceeded $594 million at year‑end 2025 and it has raised its 2026 revenue target to at least $375 million. The acquisition is expected to broaden Ondas’ addressable market, enhance its multi‑domain ISR offering, and accelerate the company’s path to profitability through higher‑margin, recurring revenue streams from defense and homeland‑security customers.
The combined entity will also leverage Palantir’s AI software to fuse data from the Stratollite platform with Ondas’ autonomous drones and ground systems, creating a seamless, decision‑centric intelligence network for defense and homeland‑security customers.
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