Ondas (#ONDS) agreed to acquire the defense activities of Aran R&D for approximately NIS 100 million ($30 million), with the transaction to be paid in Ondas shares. The acquisition will expand Ondas' defense and autonomous systems operations in Israel and represents the company's sixth acquisition in Israel. Sector: Defense Technology / Autonomous Systems Key Highlights 🤝 Acquisition of Aran R&D's defense activities 💰 Deal value: approximately NIS 100M (~$30M) 📈 Transaction will be paid in Ondas shares 🇮🇱 Expands Ondas' Israeli defense operations 🤖 Strengthens autonomous systems capabilities 🏢 Marks Ondas' sixth acquisition in Israel ⚖️ Transaction remains subject to regulatory approvals Why It Matters The acquisition further expands Ondas' defense portfolio and Israeli presence, adding to its growing autonomous systems platform and supporting its strategy of building a broader defense technology business. Read More: https://www.thinksabio.com/reports/isr/ONDS