US Defense Giant Ondas Acquires Israeli Firm GATE Technologies for $205 Million

American defense technology giant Ondas has acquired Israel's GATE Technologies Ltd. for $205 million, with potential for an additional $185 million based on performance targets through 2028. GATE specializes in developing and manufacturing advanced electronic fuses for guided munitions and drones, and has been involved in Israel's Iron Dome project. The acquisition also includes GATE's European partner, Bron Technologies.

This move significantly expands Ondas' capabilities in precision strike technology, adding strategic assets for supplying critical fuse components for unmanned platforms. It complements Ondas' existing expertise in autonomous strike, propulsion, mission systems, communications, engineering, manufacturing, and software. GATE, founded in 1996, has its products integrated into numerous weapon systems globally, including missiles, rockets, UAVs, and loitering munitions.

Ondas CEO Eric Brock stated that GATE is a strategic addition, noting the growing demand for precision and autonomous strike systems and the increasing use of electronic fuzing devices. Ondas plans to invest in GATE's production capacity, engineering, and international expansion. GATE's revenue is primarily generated outside Israel, and Bron Technologies in Poland provides a European manufacturing base, with engineering and production capabilities also being established in the US, expected to be operational by early 2027.

Ondas, a Nasdaq-listed holding company valued at $4.1 billion (a 25% decrease year-to-date), has been actively acquiring Israeli defense companies. These include Aerobotics (drone manufacturing), Omnisys (AI for mission planning), Bird Aerosystems (air defense systems), Roboteam (ground robotics), Sentient Dynamics (drone detection and neutralization), and Indo (heavy engineering equipment). The company has also recruited several prominent former Israeli defense officials, including former Mossad chief Dedi Barnea.

Oshri Lugassi, head of Ondas' Israeli operations and former Chief Engineer Officer at Rafael, emphasized the importance of electronic fuses in precision weapon systems and GATE's established position. He added that Ondas intends to enhance support for existing GATE customers and expand the company's operations both in Israel and internationally. Market research indicates the global loitering munition market is projected to grow substantially from $5.4 billion in 2025 to $13.3 billion by 2030.