Ondas acquires Indo Earth Moving for $5.7M plus shares

Ondas Inc. acquired 100% of Indo Earth Moving Ltd. for $5,663,398 in cash and 5,493,388 shares, with up to $140 million in contingent stock earn-outs. Indo holds a $140 million tender for military Heavy Engineering Platforms.

“Ondas Inc. entered into a Share Purchase Agreement to acquire 100% of Indo Earth Moving Ltd. on March 17, 2026.”stocktitan.net

• 1 source
• stocktitan.netOndas acquires INDO with $140 million defense tender | ONDS 8-K FilingMar 17, 2026

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