-
Hope fades in search for missing after Brazil rains kill 46
-
Trump, Zelensky speak before Ukraine-US talks in Geneva
-
Scam centres 'destroying' Cambodia's economy, PM tells AFP
-
Last-gasp Atalanta eliminate Dortmund to reach Champions League last 16
-
Iran negotiators arrive in Geneva for high-stakes US talks
-
Antonio Tejero, leader of Spain's failed 1981 coup, dies at 93
-
Hakimi, set to face trial for rape, in PSG team for Champions League game
-
Eleven men lured into Russia war returned to South Africa
-
Brazil politicians convicted for ordering murder of black activist councilor
-
Ex-US Treasury chief Summers quits Harvard over Epstein ties
-
Modi says India stands 'firmly' with Israel during visit
-
New Zealand knock sorry Sri Lanka out of T20 World Cup
-
Berlinale meet called over film director's anti-Israel speech
-
Van der Poel to make season bow at Omloop Het Nieuwsblad
-
Maria Grazia Chiuri's Fendi homecoming feted in Milan
-
Norway's King Harald to stay in hospital to treat infection: doctor
-
Mbappe season on ice ahead of silverware sprint, World Cup
-
New Zealand produce late flurry to reach 168-7 against Sri Lanka
-
France appoints new Louvre chief after jewellery heist
-
No Ahmedabad advantage for South Africa against West Indies: Maharaj
-
Scotland fans skirt World Cup rules for kilt bags
-
18 Egyptians missing after deadly boat capsize near Greece
-
Stock markets strike record highs as AI concerns ease
-
Hong Kong finance chief tips up to 3.5% growth this year
-
Arctic underdogs Bodo/Glimt topple Champions League giants in 'fairytale'
-
Bill Gates admits affairs but denies involvement in Epstein crimes
-
Hope fades in search for missing after deadly Brazil rains
-
Germany's Merz meets Xi, announces Chinese Airbus order
-
Hakimi, set to face trial for rape, in PSG Champions League matchday squad
-
Man Utd financial results show profit increase after job cuts
-
Guinness maker Diageo cuts outlook on weak US, China demand
-
Swiss-EU deals package to be signed next week
-
Ice melt threatens emperor penguins during annual moult: researchers
-
Pope lines up trips to Central Africa, Algeria, Spain, Monaco
-
Stock markets hit record highs on easing AI concerns
-
Samson in India's mix for high-stakes clash against Zimbabwe
-
Turkey's Erdogan dismisses secular critics of Ramadan school plan
-
Ferguson inspiring Hearts' bid for Scottish title history
-
Snoop Dogg's Swansea party showcases Championship glow-up
-
France appoints new president at Louvre after jewellery heist
-
Germany's Merz meets Xi in China, seeking closer ties
-
Aston Martin slashes staff as US tariffs hit carmakers
-
Chief executive of 2030 Olympic Games becomes latest director to quit
-
Rubio meets Caribbean leaders as US raises pressure on Cuba
-
Head of France's Versailles Palace to take over Louvre: source to AFP
-
England's Brook gains redemption after 'hardest winter of my life'
-
Iran dismisses missile, nuclear claims after Trump alleges 'sinister ambitions'
-
Inside the Mexican resort that was the final hideout of 'El Mencho'
-
Somaliland pins hopes on critical mineral gold rush
-
Bejart Ballet's iconic Bolero ignites Istanbul
Ondas Holdings Enters Definitive Agreement to Acquire Majority Stake in S.P.O. Smart Precision Optics LTD., to Expand Core Capabilities in Advanced Electro-Optics
Will bring unique capability to support the critical optical performance required in missile defense and counter-drone systems worldwide
Acquisition is in line with Ondas strategic growth program to scale global operating platform and deliver capital-efficient accelerated growth
BOSTON, MA / ACCESS Newswire / August 26, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous drone and private wireless solutions through its business units Ondas Autonomous Systems (OAS) and Ondas Networks, today announced it has entered into a definitive agreement to acquire a controlling 51% interest in S.P.O Smart Precision Optics (SPO), a premier manufacturer of advanced precision optical components and systems based in Kibbutz Shamir, Israel.
This strategic acquisition will bring SPO's world-class expertise in high-end precision optics processing, proprietary optical coatings, and end-to-end optical manufacturing under the Ondas umbrella. SPO is part of a select global group of companies with the infrastructure and know-how to deliver highly complex, military-grade optics that enable the next generation of defense, security, and critical infrastructure systems.
"The acquisition of S.P.O. Smart Precision Optics will represent a major step in strengthening Ondas' leadership in advanced defense technologies," said Eric Brock, Chairman and CEO of Ondas Holdings. "Precision optics are the heart of electro-optical systems, and SPO's expertise and infrastructure is expected to give us an unparalleled ability to support the critical optical performance required in missile defense and counter-drone systems worldwide. Together, we intend to expand SPO's scale, pursue global opportunities, and play a leading role in supporting U.S., Israeli, and allied defense customers."
SPO has earned recognition as a critical supplier to Israeli defense corporations, with proven performance supporting critical security systems ranging from missile defense systems, various armored vehicles, and next-generation high-power weapons. Its unique capabilities span optical design, CNC processing, polishing, metrology, cement and cementing allowing for the delivery of complete solutions from raw material through finished assemblies. According to Research and Markets, the total addressable market (TAM) for Precision Optics was nearly $29 billion in 2025, with the High Precision Optics market sized at $3.3 billion.
"SPO is more than a supplier; it's a strategic asset for national defense and a unique global player in precision optics," said Oshri Lugassy, Co-CEO of Ondas Autonomous Systems. "By combining SPO's heritage and know-how with Ondas' expanding global operating platform, we expect to enable critical capabilities for missile defense, high-power lasers, and advanced counter-drone systems that are essential to the defense of populations, forces, and critical infrastructure."
Backed by decades of optics expertise, SPO combines deep human capital, advanced infrastructure, and proprietary technologies that are vital to both Israel's "Blue & White" independence programs and to international defense and security markets.
About Ondas Holdings Inc.
Ondas Holdings Inc. (Nasdaq:ONDS) is a leading provider of autonomous drone and private wireless solutions through its business units Ondas Autonomous Systems (OAS) and Ondas Networks. Ondas' technologies offer a powerful combination of aerial intelligence and next-generation connectivity to enhance security, operational efficiency, and data-driven decision-making across essential industries.
OAS offers a portfolio of best-in-class AI-driven defense and security drone platforms that are currently deployed globally to protect and secure sensitive locations, populations, and critical infrastructure. Operating via its wholly owned subsidiaries, American Robotics and Airobotics, OAS offers the Optimus System-the first U.S. FAA-certified sUAS for automated aerial security and data capture-and the Iron Drone Raider-an autonomous counter-UAS system designed to neutralize hostile drones.
Ondas Networks provides software-defined wireless broadband technology through its FullMAX platform, based on the IEEE 802.16t standard. This standards-based system delivers high-performance connectivity for mission-critical IoT applications in markets such as rail, utilities, oil and gas, transportation, and government.
For additional information on Ondas Holdings: www.ondas.com, X and LinkedIn
For Ondas Autonomous Systems: LinkedIn
For Airobotics: www.airoboticsdrones.com, X and LinkedIn
For American Robotics: www.american-robotics.com, X and LinkedIn
For Ondas Networks: www.ondasnetworks.com, X and LinkedIn
About S.P.O. Smart Precision Optics LTD.
Founded in 2018 and headquartered in Kibbutz Shamir, Israel, S.P.O. Smart Precision Optics LTD. (SPO) develops and manufactures advanced precision optical components, free-form optics, and assemblies for the defense, homeland security, medical, AR/VR, and automotive markets. SPO operates as a full-service optical fab house with capabilities including optical design, surfacing, polishing, metrology, coating, and optical cementing. Recognized by the Israeli Ministry of Defense as a critical supplier, SPO is part of a select group of global manufacturers able to deliver military-grade precision optics under the most demanding conditions.
Forward-Looking Statements
Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.
Contacts
IR Contact for Ondas Holdings Inc.
888-657-2377
[email protected]
Media Contact for Ondas
Escalate PR
[email protected]
Preston Grimes
Marketing Manager, Ondas Holdings Inc.
[email protected]
SOURCE: Ondas Holdings Inc.
View the original press release on ACCESS Newswire
F.Schneider--AMWN