Form 8-K

8-K — Ondas Inc.

Accession: 0001213900-26-069889

Filed: 2026-06-18

Period: 2026-06-18

CIK: 0001646188

SIC: 3663 (RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT)

Item: Regulation FD Disclosure

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — ea0295043-8k_ondas.htm (Primary)

EX-99.1 — FACT SHEET, DATED JUNE 18, 2026 (ea029504301ex99-1.htm)

EX-99.2 — PRESENTATION, DATED JUNE 18, 2026 (ea029504301ex99-2.htm)

EX-99.3 — PRESS RELEASE, DATED JUNE 18, 2026 (ea029504301ex99-3.htm)

GRAPHIC (ea029504301_ex99-1img1.jpg)

GRAPHIC (ea029504301_ex99-1img2.jpg)

GRAPHIC (ea029504301_ex99-2img1.jpg)

GRAPHIC (ea029504301_ex99-2img2.jpg)

GRAPHIC (ea029504301_ex99-2img3.jpg)

GRAPHIC (ea029504301_ex99-2img4.jpg)

GRAPHIC (ea029504301_ex99-2img5.jpg)

GRAPHIC (ea029504301_ex99-2img6.jpg)

GRAPHIC (ea029504301_ex99-2img7.jpg)

GRAPHIC (ea029504301_ex99-2img8.jpg)

GRAPHIC (ea029504301_ex99-2img9.jpg)

GRAPHIC (ea029504301_ex99-2img10.jpg)

GRAPHIC (ea029504301_ex99-2img11.jpg)

GRAPHIC (ea029504301_ex99-2img12.jpg)

GRAPHIC (ea029504301_ex99-2img13.jpg)

GRAPHIC (ea029504301_ex99-2img14.jpg)

GRAPHIC (ea029504301_ex99-2img15.jpg)

GRAPHIC (ea029504301_ex99-2img16.jpg)

GRAPHIC (ea029504301_ex99-2img17.jpg)

GRAPHIC (ea029504301_ex99-2img18.jpg)

GRAPHIC (ea029504301_ex99-3img1.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0295043-8k_ondas.htm · Sequence: 1

false

0001646188

2026-06-18

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported)

June 18, 2026

Ondas Inc.

(Exact name of registrant as specified in its charter)

Nevada

001-39761

47-2615102

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

222 Lakeview Avenue, Suite 800, West Palm Beach, Florida 33401

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including

area code (888) 350-9994

N/A

(Former name or former address, if changed since

last report.)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock par value $0.0001

ONDS

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by checkmark

if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards

provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure.

On June 18, 2026, Ondas Inc. (the “Company”)

issued a fact sheet regarding the Cyberhawk Acquisition (as defined below). A copy of the fact sheet is furnished as Exhibit 99.1 to this

Current Report on Form 8-K.

Also on June 18, 2026, the Company released an

updated investor presentation. The Company expects to use this updated presentation, either in whole or in part, in connection with presentations

to investors, analysts and others. A copy of the presentation is furnished as Exhibit 99.2 to this Current Report on Form 8-K.

The information furnished pursuant to this Item

7.01, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange

Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that section and shall not be

deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act,

except as shall be expressly set forth by specific reference in such filing.

Item 8.01. Other Events.

Also, on June 18, 2026, the Company issued a press

release announcing it has entered into a definitive agreement to acquire Cyberhawk Holdings Limited (“Cyberhawk”), global

leader in critical infrastructure intelligence, drone-based inspection, visual data management and AI-enabled analytics serving utility,

energy and industrial customers worldwide (the “Cyberhawk Acquisition”). A copy of press release is filed as Exhibit 99.3

to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Fact Sheet, dated June 18, 2026.

99.2

Presentation, dated June 18, 2026.

99.3

Press release, dated June 18, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

Date: June 18, 2026

ONDAS INC.

By:

/s/ Eric A. Brock

Eric A. Brock

Chief Executive Officer

EX-99.1 — FACT SHEET, DATED JUNE 18, 2026

EX-99.1

Filename: ea029504301ex99-1.htm · Sequence: 2

Exhibit 99.1

NASDAQ: ONDS www.ondas.com | www.thecyberhawk.com ONDAS TO ACQUIRE CYBERHAWK Scaled Industrial Operations, AI Asset Intelligence and High Visability Revenue Enhances Dual-Purpose Platform Ondas has entered into a definitive agreement to acquire Cyberhawk, a global leader in critical infrastructure intelligence, drone-based inspection, visual data management and AI-enabled analytics serving utility, energy and industrial customers worldwide. The 95% cash transaction is valued at approximately $125 million, subject to regulatory approvals, and other customary closing conditions. The acquisition will expand Ondas into critical infrastructure intelligence by adding scaled inspection operations, the iHawk software analytics platform, and a proprietary infrastructure data layer that supports software-enabled operational workflows. HIGHLIGHTS OF THE DEAL $45M+ Expected revenue for fiscal year ending March 2027 with high-single digit EBITDA margins, expanding to 25% by 2030 20%+ Expected market growth, with high level of recurring revenue via multi-year customer contracts and software subscriptions $95M Backlog across utility, renewable energy and energy infrastructure markets 500K+ Infrastructure assets inspected with more than 232 TB of proprietary inspection data STRATEGIC OPPORTUNITIES Cyberhawk will position Ondas as a leading critical infrastructure inspection provider, giving us immediate scale in the U.S. and adds higher value recurring software and services revenue. Integrates sensing, autonomous data collection, visualization and analytics into a unified infrastructure intelligence workflow. Adds a software enabled industrial intelligence layer within Ondas' systems of systems architecture, creating a more scalable, data driven platform for current and future products. Positioned to capitalize on the inflection point in autonomous inspection while serving the converging defense, security and industrial markets where resilience, continuity and operational awareness are increasingly critical.

NASDAQ: ONDS Cyberhawk will extend the Ondas platform from autonomous data collection into visualization, analysis and asset-level decision support, creating an end-to-end intelligence workflow from sensing through actionable insight. CORE CAPABILITIES • Drone-based inspection services across hazardous and complex infrastructure environments. • Repeatable aerial data collection workflows supporting utilities, energy operators and industrial customers. INSPECTION OPERATIONS • Cloud-based platform for aerial data management, asset visibility, geospatial intelligence and digital-twin workflows. • Creates a single source of truth for aerial data across utility, energy, marine and capital project use cases. IHAWK PLATFORM • AI-assisted analysis, defect identification, asset tracking and decision support using visual and geospatial inspection data. • Proprietary inspection-data repository supporting asset intelligence, operational visibility and future AI-driven applications. AI ASSET ANALYTICS AND DATA FOUNDATION Forward-Looking Statements Statements made in this fact sheet 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. 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 in our most recent Annual Report on Form 10-K 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. www.ondas.com | www.thecyberhawk.com TRUSTED BY LEADING ORGANIZATIONS

EX-99.2 — PRESENTATION, DATED JUNE 18, 2026

EX-99.2

Filename: ea029504301ex99-2.htm · Sequence: 3

Exhibit 99.2

NASDAQ: ONDS 2 Forward-Looking Statements This presentation may contain "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Ondas Inc. ("Ondas" or the "Company") cautions readers that forward-looking statements are predictions based on its 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. The Company's 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" in the Company's most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC"), in the Company's Quarterly Reports on Form 10-Q filed with the SEC, and in the Company's other filings with the SEC. The Company undertakes 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. This presentation also contains estimates and other information concerning our industry that are based on industry publications, surveys and forecasts. This information involves a number of assumptions and limitations, and we have not independently verified the accuracy or completeness of the information. Information in this is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Non-GAAP Financial Measures We believe that earnings before interest, taxes, depreciation and amortization ("EBITDA") and EBITDA margin, the non-GAAP financial measures contained in this presentation, facilitate analysis of ongoing business operations because it excludes items that may not be reflective of, or are unrelated to, core operating performance, and may assist investors with comparisons to prior periods and assessing trends in underlying businesses. Other companies may calculate these non-GAAP financial measures differently, and therefore these measures may not be comparable to similarly titled measures used by other companies EBITDA and EBITDA margin should only be used as supplemental measures of operating performance. We believe that EBITDA and EBITDA margin improve comparability from period to period by removing the impact of capital structure (interest and financing expenses), asset base (depreciation and amortization), tax impacts and other adjustments, which management has determined are not reflective of core operating activities and thereby assist investors with assessing trends in underlying businesses. Management uses EBITDA and EBITDA margin in making financial, operating and planning decisions and evaluating ongoing performance. With respect to the financial target for 2030 EBITDA margin contained in this presentation a reconciliation of this non-GAAP measure to the corresponding GAAP measure is not available without unreasonable effort due to the variability and complexity of the reconciling items described above that are excluded from this non-GAAP target measure. The variability of these items may have a significant impact on future GAAP financial results and, as a result, we are unable to prepare the forward-looking statement of income prepared in accordance with GAAP, that would be required to produce such a reconciliation. Disclaimers

NASDAQ: ONDS 3 Transaction Overview Key terms of the proposed acquisition of Cyberhawk by Ondas Inc. Structure Ondas Inc. to acquire Cyberhawk in a mostly cash-based transaction Consideration Total consideration $125M (~95% cash); 5% equity for leadership, with a 1-year lock-up (subject to certain exceptions) Financing Financing sources: cash on hand and Ondas common stock Financial Profile(1) Cyberhawk: >$45M revenue | >20% industry CAGR High-single digit EBITDA Margin | $95 million backlog Strategic Rationale Establishing a leadership role in industrial inspection and adjacent dual-use markets Timing & Conditions Expected close: 3Q 2026 (subject to customary closing conditions and regulatory approvals) (1) Fiscal year ended March 2027 (E)

NASDAQ: ONDS 4 Strong Financial Profile Cyberhawk FY March 2027F(1) financial profile (1) Management estimates; target EBITDA margins expected by 2030. $45M+ Revenue $7.6M Software ARR 85% Revenue Visibility ~29% Revenue CAGR (FY23A – FY27F) 112% Net Revenue Retention 25%+ Target EBITDA Margins

NASDAQ: ONDS 5 Cyberhawk is the category leader(2) ~1/5 of today's vended market; ~20–25% of US-utility inspection A small but fast-growing market ~$200–230M vended today, growing 20%+ per year Powerful secular tailwinds Resiliency mandates, energy transition, AI/autonomy and BVLOS regulation Ondas: a long runway, market at growth inflection point Massive global TAM with long runway as spend digitizes $215M $258M $309M $371M $446M $535M 2025E 2026E 2027E 2028E 2029E 2030E Vended market ($M) — growing over 20% per year A Large, Underpenetrated Market at an Inflection Point Critical-infrastructure resiliency is driving a multi-year boom — and Cyberhawk leads it MARKET STRUCTURE — 2025E(1) TAM $3.7–4.0B · SAM $2.7–3.0B · Vended $200–230M Source: (1) BCG analysis (2025 USD). Vended = today's estimated UAS-inspection + visualization market spend. {2) Across US Utilities based on BCG analysis. T HE OP POR T UN IT Y Cyberhawk is the market leader(2) in a $3.7–4.0 billion market, with increasing adoption driving 20%+ industry CAGR over the next decade and creating a long runway for durable, compounding growth.

NASDAQ: ONDS 6 Challenges Facing the Global Infrastructure Sector WHY IT MATTERS These pressures are structural, simultaneous and accelerating. Every one of them demands the same response: continuous, autonomous, AI-driven asset intelligence. Exactly what Ondas + Cyberhawk deliver. 6 Increasing Regulation Disaster Prevention Worker Safety Aging Infrastructure Aging Workforce Energy Transition Digitalization Grid Resiliency Climate Impact Cyberhawk intelligence supports critical infrastructure resiliency

NASDAQ: ONDS 7 Data Collection UAS-based data collection at scale Data Analysis Domain-expert engineers, for data inspection Data visualization and insights Proprietary cloud-based visualization software (iHawk) Cyberhawk: The global leader in integrated UAS solutions for critical infrastructure INTEGRAGTED SOLUTION Turning data into actionable insights, enabling speed-to- decision 500K+ Assets inspected(1) Notes: (1) Assets inspected since inception; (2) As at April 2026; (3) Since launch of iHawk platform; (4) Across US Utilities based on BCG analysis. 47 Technical engineers(2) 232TB+ of proprietary data(3) #1 Market Position(4)

NASDAQ: ONDS 8 Leadership Seasoned team of industry-leading pioneers Chris Fleming Founder / CEO 16+ Years with Cyberhawk Matt Zafuto CCO 3+ Years with Cyberhawk Nick Stewart CIO 9+ Years with Cyberhawk Phil Buchan COO / Founding Team 16+ Years with Cyberhawk

NASDAQ: ONDS 9 Trusted by Enterprise Customers Across Utilities & Renewables and Energy Producers Cyberhawk works with the world's leading critical infrastructure customers 300+ Global Customers ~5 YEARS Average Tenure ~95% Reoccurring Revenue $95M+ Backlog(1) Note: Data as of April 2026 UTILITIES & RENEWABLES ~78% of FY27F Revenue ~22% of FY27F Revenue ENERGY PRODUCERS Other Emerging Use Cases

NASDAQ: ONDS 10 T HE T HE S IS Acquiring the category leader in an underpenetrated, fast-growing market — and fusing hardware, autonomy and AI software into a compounding, reoccurring revenue platform. MA RK ET Category Leadership Cyberhawk's leading position in critical- infrastructure inspection & analytics software vaults Ondas to leader in a ~$200–230M vended market growing ~23% annually. 1 OP ER AT ING Creates Dual-Purpose Platform Cyberhawk's blue-chip channel – PG&E, SCE, Shell, SSE – data and iHawk software paired with Ondas' autonomy and field services across two markets. 2 FINA NCIAL High-Quality Scale Strong growth outlook with mid-teens PF EBITDA margins and high cash conversion — predictable, software-anchored revenue that re-rates the multiple. 3 A Compelling Strategic Rationale Why Cyberhawk, why Ondas, why now

NASDAQ: ONDS 11 Sense & Collect Autonomous, agnostic data capture Manage & Visualize iHawk digital twin & system of record Analyze & Predict AI-enabled asset intelligence Decide & Act Operational decision support Defense & Security Ondas core market Critical Infrastructure Utilities & energy — Cyberhawk core THE INFRASTRUCTURE- INTELLIGENCE FLYWHEEL Reinforcing advantage that compounds with scale Proprietary data Software workflows AI analytics Two Halves of One Autonomous Intelligence Platform Combined capabilities span sensing to decision — serving two markets B R I N GS Autonomous systems (UAS / UGV / CUAS) Sensing & payloads Supply chain & field services B R I N GS Agnostic data collection iHawk software & digital twin AI analytics & 232TB+ data Blue-chip enterprise channel Dual-Purpose Markets Served

NASDAQ: ONDS 12 Significant SAM Headroom Exists in Cyberhawk's Core End Markets 80% 20% Inspection Software SAM ~2.7B - $3B 90% 8% 2% Utilities (US) Energy Producers (ME, EU, UK) Utilities (UK) SAM ~2.7B - $3B SAM BY INSPECTION AND SOFTWARE SAM BY REGION UNITED STATES UTILITIES Biggest and largest current opportunity for Cyberhawk 95% 5% SAM Vended Market SAM(1) ~2.6B (ME, EU, UK) ENERGY PRODUCERS Majority of the residual opportunity 71% 29% SAM Vended Market SAM(1) ~225M UNITED KINGDOM UTILITIES Mature market with higher levels of penetration 88% 12% SAM Vended Market SAM(1) ~65M Notes: (1) Served from the UK hub, limited growth from the region, represents upside to the business plan.

NASDAQ: ONDS 13 Multiple Growth Vectors Underpin Strong Growth and Margin Expansion Multiple compounding levers drive accelerating revenue and margin growth — from near-term execution to longer-term upside. Identified near-term opportunities with further upside potential Land & Expand • Increase asset coverage • Cross-sell software & services New Logo Wins • Deeper utility-sector reach • EPC partnerships & pipeline Technology Advancement • Drone automation & BVLOS • AI-driven efficiency gains Software Adoption • Win V3 platform customers • iHawk v3 = system of record Geographic Expansion • US West-to-East rollout • Expand into EU & RoW from UK hub Use Case Expansion • Aerial & ground robotics security • CUAS ops & predictive maintenance

NASDAQ: ONDS 14 Expected Changes to BVLOS Regulations Will "Open the Skies" for Industrial Drone Operations • Limited range and coverage • Constrained scalability • BVLOS operations currently require case-by- case FAA waivers Limited Range Extended Range Current Landscape Regulation Changes Impact of Regulatory Changes • Part 108 framework removes need for individual waivers • Standardized safety tech • Clear operating limits for predictable commercial deployment • Improved speed and efficiency of inspections with greater range and enhanced accessibility • Improved attractiveness of UAS solutions vs. traditional inspection methods, driving adoption • Ability for multiple sites to be inspected by a single pilot Note: BVLOS = Beyond visual line of sight Game changer: Expected to support revenue acceleration and margin expansion 14

NASDAQ: ONDS 15 Customer and relationship overview — 2020 to 2025 Initial Entry 2020 Transmission Program Expansion 2021 Substation Transmission New Program Introduced 2022 Substation Distribution Transmission Software Adoption 2023 iHawk Substation Distribution Transmission Software Scaled & Long-Term Commitment 2024 iHawk Substation Distribution Transmission New Program Introduced 2025 Conductor Scans iHawk Distribution Transmission Multi-Year Framework agreement 5 Different business units 6 Use cases served 122x Growth in TCV⁽¹⁾ $180m+ Savings realized in a single campaign⁽²⁾ Case Study: From Single-Asset PoC to Multi-Year, Muli-Asset, Multi-Revenue Stream Notes: (1) Since initial proof of value; (2) Based on customer's internal estimates.

NASDAQ: ONDS 16 Three vectors for growth beyond Cyberhawk's current core Telcos Mining Construction Industrial Facilities Water / Waste Data Centers EXPAND INTO ADJACENT VERTICALS EXTEND USE CASES INTO A SYSTEM OF RECORD UNLOCK NEW USE CASES Perimeter Aerial & Ground Security CUAS Infrastructure Environmental / Fugitive Gas Detection Thermal Analysis of Datacenters / Grid Connections Target multi-site projects Leverage existing strengths Standardized outputs System-based, repeatable deliverables Cross-sell opportunities Client penetration opportunities Upside: Significant Potential for Use Case Expansion

NASDAQ: ONDS 17 Current tailwinds that strengthens Cyberhawk's investment thesis Recognized as the market leader with deep domain expertise. Operational excellence delivered at global scale across the US, the UK, and the Middle East. Successfully and consistently executed large-scale inspection programs. Customers achieve significant ROI and meet regulatory requirements. Ever-expanding proprietary database. Transforms raw data into actionable insights, enabling rapid decision-making. At the forefront of innovation in UAS inspections and visualization software. Track record of innovating with enterprise-grade customers such as Shell, SSE, and PG&E. End-to-end solutions from data collection to inspection to actionable insights. Comprehensive pilot training and certification across all regions of operation. Best-in-class offering 170+ Pilots and operations field delivering unmatched technical capabilities⁽¹⁾ Market leadership #1 In US Utilities for UAS inspection services⁽²⁾ Delivering at scale 500,000+ Assets inspected since inception Proprietary data advantage 232TB+ Of proprietary data collected and stored on iHawk⁽³⁾ Track-record of innovation 16+ years Of trusted innovation with blue-chip customers The Market Leading End-to-End UAS Solution Provider with Significant Upside Potential Notes: (1) As at Oct-25; (2) Source: BCG analysis; (3) Since launch of iHawk.

EX-99.3 — PRESS RELEASE, DATED JUNE 18, 2026

EX-99.3

Filename: ea029504301ex99-3.htm · Sequence: 4

Exhibit 99.3

Ondas to Acquire Cyberhawk, Expanding into Critical

Infrastructure Intelligence Through Software, Data and AI

95% cash funded transaction expands Ondas’

dual-use capabilities with an autonomous infrastructure intelligence platform combining scaled drone inspection services, AI-enabled asset

analytics, and enterprise visualization software

Cyberhawk’s blue-chip utility and energy

customer base underpins strong growth and high-reoccurring revenue in the industrial and critical infrastructure markets

Cyberhawk brings operations in 40 countries,

300+ customers, $45+ million in forecasted revenues in FY ending March 2027 with ~95% reoccurring revenue, high single digit EBITDA margins

that management believes can expand to 25%+ by 2030 and $95 million backlog

WEST PALM BEACH, FL / June 18, 2026 / Ondas

Inc. (Nasdaq: ONDS) (“Ondas” or the “Company”), a leading provider of advanced autonomous systems and next-generation

defense and security technologies, announced today it has entered into a definitive agreement to acquire Cyberhawk, a global leader in

critical infrastructure intelligence, drone-based inspection, visual data management and AI-enabled analytics serving utility, energy

and industrial customers worldwide. Under the terms of the agreement, the transaction is valued at approximately $125 million. Approximately

95% of the purchase price will be funded in cash, with certain members of the Cyberhawk leadership team electing to roll approximately

$5 million of proceeds into Ondas common stock, with a one-year lock-up, subject to certain exceptions. The acquisition is expected to

close during the third quarter of 2026, subject to customary closing conditions and regulatory approvals.

Cyberhawk has established a market-leading critical

infrastructure intelligence platform serving blue-chip customers including PG&E, Southern California Edison, Shell, SSE, ESB, Qatar

Energy and Bechtel. The company has inspected more than 500,000 infrastructure assets and accumulated over 232 terabytes of proprietary

infrastructure inspection data, creating a significant foundation for AI-driven analytics and operational intelligence.

The acquisition will propel Ondas into expanding

industrial infrastructure markets, advancing its strategy to build a category-defining autonomous intelligence platform across defense,

security and critical infrastructure sectors. By combining Cyberhawk’s infrastructure intelligence platform, proprietary data assets,

AI-enabled analytics and cloud-based iHawk software with Ondas’ autonomous systems, mission automation technologies and sensing capabilities,

the combined company is expected to deliver an integrated platform spanning autonomous data collection, digital-twin visualization, asset

intelligence and AI-driven operational decision support. Increasingly, critical infrastructure resilience, energy security and industrial

continuity are national security priorities, creating demand for integrated autonomous intelligence solutions across both government and

commercial markets. The acquisition positions Ondas at the intersection of these converging markets.

“Cyberhawk is a market leader in critical

infrastructure intelligence and represents a transformative addition to Ondas,” said Eric Brock, Chairman and CEO of Ondas. “The

company has built a highly differentiated platform combining software, data, AI-enabled analytics and deep domain expertise across some

of the world’s most important utility and energy networks. We believe critical infrastructure resilience, energy security and industrial

continuity are increasingly national security priorities, creating a large and growing opportunity for integrated autonomous intelligence

solutions.”

“The acquisition will significantly expand

Ondas’ presence in critical infrastructure markets while strengthening our position as a dual-use technology company serving defense,

security and industrial customers. We believe dual-use business models create powerful advantages through shared technology development,

larger addressable markets, operational efficiencies, and broader customer adoption. By combining Cyberhawk’s leadership in infrastructure

intelligence with Ondas’ autonomous systems, sensing and mission automation technologies, we believe we will create a category-defining

autonomous intelligence platform that delivers substantial value for customers and shareholders.”

Founded in 2008,

Cyberhawk has established a leadership position in critical infrastructure intelligence through its integrated software, analytics and

inspection platform. The company’s cloud-native iHawk platform enables customers to visualize,

manage and analyze complex infrastructure assets through digital-twin workflows, geospatial intelligence, asset tracking and AI-assisted

analytics. Over nearly two decades, Cyberhawk has built a substantial proprietary dataset across utility, energy, renewable and industrial

infrastructure environments, creating a powerful foundation for future AI-driven applications including predictive maintenance, defect

detection and asset-health intelligence. iHawk serves as a system of record for infrastructure inspection, visualization and asset-health

management across complex enterprise environments.

“Cyberhawk has been at the forefront of

drone-enabled inspection since 2008”, said Chris Fleming, founder and CEO of Cyberhawk. “Long before the technology was widely

understood. We built the company from the ground up, scaling globally and proving both the commercial model and the real-world value of

autonomous inspection. Today, we’re excited to join forces with Ondas to accelerate the adoption of this technology—improving

data quality while fundamentally reducing risk and human exposure across critical infrastructure.”

The acquisition is expected to provide Ondas with

immediate scale in utility and energy infrastructure markets and expand the Company’s access to some of the world’s largest

critical infrastructure operators. The combined platform is expected to create meaningful opportunities to deploy autonomous monitoring,

AI-enabled analytics, digital-twin technologies and advanced sensing solutions across a growing installed base of enterprise customers.

Longer term, Ondas believes the combination may support broader infrastructure intelligence applications integrating aerial, ground-based

and stratospheric sensing capabilities across critical infrastructure environments.

“Cyberhawk represents a highly strategic

addition to Ondas as we continue executing our growth plan around autonomous platforms, software, and integrated customer workflows,”

said Mark Green, Global Head of Corporate Development and M&A at Ondas. “Cyberhawk brings a reoccurring revenue profile, strong

customer retention, a differentiated software platform, and a leadership position in utility infrastructure intelligence. This acquisition

is expected to create immediate customer and technology synergies, integrating Cyberhawk’s specialized software with Ondas’ core capabilities.

Ultimately, this combination will further broaden our dual-use focus, strengthening our reach across both defense and critical infrastructure

markets as we deliver end-to-end autonomous inspection and operational intelligence solutions at scale”.

Cyberhawk is expected to generate more than $45

million of revenue during its fiscal year ending March 2027 with high-single digit EBITDA margins which we expect will grow to 25%+ by

2030. This acquisition significantly enhances Ondas’ revenue scale and reoccurring revenue profile. The company generates approximately

95% reoccurring revenue through multi-year customer contracts and software subscriptions and maintains a backlog of $95 million across

utility, renewable energy and energy infrastructure markets. While software represents a minority of Cyberhawk’s total revenue, its iHawk

platform contributes disproportionately to profitability and provides significant opportunities for future growth through expanded analytics

offerings, AI-enabled workflows and increased software adoption across the installed customer base.

Ondas believes Cyberhawk has established a powerful

infrastructure intelligence flywheel in which proprietary inspection data, enterprise software workflows and AI-enabled analytics reinforce

one another over time. The Company believes this combination of software, data assets, domain expertise and embedded customer relationships

creates a differentiated platform that will be increasingly difficult to replicate as infrastructure intelligence markets continue to

evolve.

Cyberhawk will continue operating its existing

inspection, software and analytics businesses without interruption following closing. Ondas intends to support continued investment in

Cyberhawk’s leadership team, global delivery capabilities, and cloud-based iHawk platform. The transaction is expected to accelerate Cyberhawk’s

growth while preserving the customer focus, domain expertise and operational excellence that have defined the company since its founding.

Together, Ondas and Cyberhawk will build a category-defining

autonomous intelligence platform that connects sensing, data collection, visualization, analytics and AI-driven decision support across

defense, security and critical infrastructure markets worldwide.

Lincoln International LLP acted as exclusive financial

advisor to shareholders of Cyberhawk Holdings Limited.

About Cyberhawk

Cyberhawk is a leading drone-based inspection

and visualization software company serving critical infrastructure operators across utilities, energy, and industrial markets. Founded

in 2008, the company provides end-to-end drone inspection services, AI-enabled data processing, and cloud-based visualization software

through its iHawk platform. Cyberhawk has inspected more than 500,000 assets and built a large proprietary inspection-data repository

used to support asset intelligence, workflow management, and decision-making across complex infrastructure environments.

About Ondas Inc.

Ondas Inc. (Nasdaq: ONDS) is a leading provider

of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure,

and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms across air, ground, and stratospheric

environments, including autonomous drone systems, counter-UAS technologies, robotic ground systems, advanced unmanned aircraft and propulsion

solutions, demining and engineering systems, and integrated sensing and communications technologies designed to support intelligence,

surveillance, reconnaissance, security, and operational missions in complex environments. Ondas’ solutions are deployed globally

by government, defense, and commercial customers to protect infrastructure, borders, transportation networks, personnel, and strategic

assets.

For additional information on Ondas Inc., visit

www.ondas.com.

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 Inc.

888-657-2377

ir@ondas.com

Media Contact for Ondas Inc.

Escalate PR

ondas@escalatepr.com

Preston Grimes

Marketing Manager, Ondas Inc.

preston.grimes@ondas.com

GRAPHIC

Filename: ea029504301_ex99-1img1.jpg · Sequence: 5

Binary file (777769 bytes)

Download ea029504301_ex99-1img1.jpg

GRAPHIC

Filename: ea029504301_ex99-1img2.jpg · Sequence: 6

Binary file (536100 bytes)

Download ea029504301_ex99-1img2.jpg

GRAPHIC

Filename: ea029504301_ex99-2img1.jpg · Sequence: 7

Binary file (134565 bytes)

Download ea029504301_ex99-2img1.jpg

GRAPHIC

Filename: ea029504301_ex99-2img2.jpg · Sequence: 8

Binary file (609802 bytes)

Download ea029504301_ex99-2img2.jpg

GRAPHIC

Filename: ea029504301_ex99-2img3.jpg · Sequence: 9

Binary file (285660 bytes)

Download ea029504301_ex99-2img3.jpg

GRAPHIC

Filename: ea029504301_ex99-2img4.jpg · Sequence: 10

Binary file (239929 bytes)

Download ea029504301_ex99-2img4.jpg

GRAPHIC

Filename: ea029504301_ex99-2img5.jpg · Sequence: 11

Binary file (418844 bytes)

Download ea029504301_ex99-2img5.jpg

GRAPHIC

Filename: ea029504301_ex99-2img6.jpg · Sequence: 12

Binary file (556952 bytes)

Download ea029504301_ex99-2img6.jpg

GRAPHIC

Filename: ea029504301_ex99-2img7.jpg · Sequence: 13

Binary file (366482 bytes)

Download ea029504301_ex99-2img7.jpg

GRAPHIC

Filename: ea029504301_ex99-2img8.jpg · Sequence: 14

Binary file (360520 bytes)

Download ea029504301_ex99-2img8.jpg

GRAPHIC

Filename: ea029504301_ex99-2img9.jpg · Sequence: 15

Binary file (383053 bytes)

Download ea029504301_ex99-2img9.jpg

GRAPHIC

Filename: ea029504301_ex99-2img10.jpg · Sequence: 16

Binary file (363077 bytes)

Download ea029504301_ex99-2img10.jpg

GRAPHIC

Filename: ea029504301_ex99-2img11.jpg · Sequence: 17

Binary file (382370 bytes)

Download ea029504301_ex99-2img11.jpg

GRAPHIC

Filename: ea029504301_ex99-2img12.jpg · Sequence: 18

Binary file (383108 bytes)

Download ea029504301_ex99-2img12.jpg

GRAPHIC

Filename: ea029504301_ex99-2img13.jpg · Sequence: 19

Binary file (324565 bytes)

Download ea029504301_ex99-2img13.jpg

GRAPHIC

Filename: ea029504301_ex99-2img14.jpg · Sequence: 20

Binary file (608439 bytes)

Download ea029504301_ex99-2img14.jpg

GRAPHIC

Filename: ea029504301_ex99-2img15.jpg · Sequence: 21

Binary file (344349 bytes)

Download ea029504301_ex99-2img15.jpg

GRAPHIC

Filename: ea029504301_ex99-2img16.jpg · Sequence: 22

Binary file (494607 bytes)

Download ea029504301_ex99-2img16.jpg

GRAPHIC

Filename: ea029504301_ex99-2img17.jpg · Sequence: 23

Binary file (456402 bytes)

Download ea029504301_ex99-2img17.jpg

GRAPHIC

Filename: ea029504301_ex99-2img18.jpg · Sequence: 24

Binary file (102702 bytes)

Download ea029504301_ex99-2img18.jpg

GRAPHIC

Filename: ea029504301_ex99-3img1.jpg · Sequence: 25

Binary file (9969 bytes)

Download ea029504301_ex99-3img1.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 30

v3.26.1

Cover

Jun. 18, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Jun. 18, 2026

Entity File Number

001-39761

Entity Registrant Name

Ondas Inc.

Entity Central Index Key

0001646188

Entity Tax Identification Number

47-2615102

Entity Incorporation, State or Country Code

Entity Address, Address Line One

222 Lakeview Avenue

Entity Address, Address Line Two

Suite 800

Entity Address, City or Town

West Palm Beach

Entity Address, State or Province

Entity Address, Postal Zip Code

33401

City Area Code

888

Local Phone Number

350-9994

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock par value $0.0001

Trading Symbol

ONDS

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration