Ondas Holdings Inc.
Ondas Holdings Inc. Completes Acquisition of Sentry CS Ltd
Summary
Ondas Holdings Inc. completed the acquisition of Sentry CS Ltd on November 17, 2025, pursuant to a Share Purchase Agreement dated November 3, 2025. The acquisition was executed by and among Ondas Holdings Inc., Sentry CS Ltd, Sentry's shareholders, and Sagitta Holdco SARL. Sentry's unaudited consolidated financial statements for the year ended December 31, 2024, and the six months ended June 30, 2025, show sales of $11,348 thousand and $10,979 thousand, respectively, with a gross profit of $8,157 thousand and $8,252 thousand. The net loss was $13,514 thousand for the year and $4,543 thousand for the six months. The balance sheet data as of December 31, 2024, and June 30, 2025, indicate total assets of $9,350 thousand and $9,522 thousand, respectively, and total liabilities of $14,556 thousand and $9,615 thousand. The Company is not providing unaudited pro forma financial information in accordance with Regulation S-X, as it is not yet required to do so under such regulations.
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About Ondas Holdings Inc.
Ondas Holdings Inc. is a technology company specializing in advanced wireless networking solutions. The company's primary function is to develop and provide mission-critical networking infrastructure for the Industrial Internet of Things (IIoT). Ondas Holdings offers its proprietary FullMAX radio platform, which is designed for secure, reliable, and extensive coverage networking in open and challenging environments, making it particularly suitable for industrial and commercial sectors. The industries it impacts include utilities, transportation, and public safety, among others, by providing robust wireless communication networks that enhance operational efficiencies and safety protocols. Ondas Holdings is significant in the market for its innovative approach to addressing the unique communication needs of large-scale enterprises, driving the digital transformation of traditional industries towards more connected and data-driven operations.
Official SEC Documents
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