Autonomous Defense Company Swallows AI Battlefield Software, Accelerates Aggressive M&A

Ondas Inc. (Nasdaq: ONDS) has signed an agreement to acquire 100 percent of Omnisys, an Israel-based developer of AI-driven battlefield resource-optimization software, positioning the company to integrate combat-mission planning and real-time decision-making capabilities across its autonomous drone and defense systems. In a May 4 letter to shareholders, Chairman and CEO Eric Brock reported that fiscal 2025 revenue surged 605 percent year-over-year to $50.7 million, backlog reached $457 million, and cash plus short-term investments stood at $1.4 billion as of March 31, 2026. He forecast at least $375 million in revenue for fiscal 2026. The letter noted that Ondas completed five acquisitions in 2026 totalling $557 million and expects roughly $230 million in revenue this year from those deals. To fund further M&A and bolster its balance sheet, the company is seeking shareholder approval to raise its authorized common-share count from 800 million to 1.2 billion. (All won figures assume an exchange rate of ₩1,500 per USD.)

In its May 14 IR release, Ondas reported first-quarter fiscal 2026 revenue of $50.1 million—a more than tenfold increase year-over-year—and raised its full-year revenue guidance to at least $390 million. In a May 18 press release announcing the Omnisys acquisition, the company said it will make the newly acquired optimization software the core orchestration layer of its unmanned and defense portfolio, accelerating its evolution into a software-defined defense platform provider.

Through its subsidiaries Ondas Autonomous Systems and Ondas Networks, Ondas delivers unmanned and communications solutions—autonomous drones, ground robots, counter-drone systems and software-defined wireless networks—for U.S. defense, security, public-safety and critical-infrastructure markets. As demand grows for integrated hardware and AI-powered battlefield software in missions such as surveillance, counter-drone defense, mine clearance and tactical communications, competition is intensifying among platform providers like Ondas.