US defense-tech company Ondas has made another Israeli acquisition, which continues to expand its portfolio through the purchase of Israeli companies. The company announced that it is acquiring GATE Technologies Ltd., an Israeli company specializing in the development and manufacturing of smart fuzes for loitering munitions systems and drones, and which is also involved in the Iron Dome project.
The acquisition includes GATE, which develops, manufactures, and licenses advanced electronic safe and arm devices (ESADs), as well as its European partner, Bron Technologies. The deal is valued at $205 million and could increase by an additional $185 million, depending on whether the company meets performance targets through the end of 2028.
The acquisition strengthens Ondas’ precision strike capabilities by adding a strategic ability to supply critical fuze components used in attacks launched from unmanned platforms. It also complements the company’s existing capabilities in autonomous strike systems, propulsion, mission systems, communications, engineering, manufacturing, and software.
Founded in 1996, GATE’s products are integrated into dozens of weapons systems worldwide, including missiles, rockets, unmanned aerial vehicles, and loitering munitions. The company’s fuze systems are designed to keep munitions safe during storage, transport, and launch, while allowing activation only after predefined conditions have been met.
As weapons systems become smaller, more autonomous, and increasingly software-based, the defense industry has been moving from traditional mechanical systems toward electronic solutions.
Majority of GATE’s revenue from outside Israel
“GATE is a strategic addition to Ondas,” said Eric Brock, chairman and CEO of Ondas. “The demand for precision and autonomous strike systems is growing, while the use of electronic safe and arm devices is expanding. We intend to invest in its manufacturing capabilities, engineering, and the expansion of its international operations.”
Most of GATE’s revenue currently comes from outside Israel. Bron Technologies’ operations in Poland provide the company with a manufacturing base in Europe, while it has also begun establishing engineering, integration, qualification, and manufacturing capabilities in the US. Products manufactured in the US are expected to become available for sale in the first half of 2027.
Ondas is a Nasdaq-traded holding company with a market capitalization of $4.1 billion, down 25% since the beginning of the year. Alongside its acquisitions of Israeli companies, Ondas has recruited several senior Israeli defense figures, led by former Mossad director David Barnea, who left the position several months ago.
The company’s Israeli branch is managed by Brig. Gen. (res.) Oshri Lugasi, a former chief engineering officer of the IDF and former executive vice president at Rafael Advanced Defense Systems.
Over the past year, Ondas has acquired a series of small Israeli defense companies, including drone manufacturer Airobotics, which also produces interceptor drones; Omnisys, which develops artificial intelligence systems for mission planning, optimization, and battlefield resource management; Bird Aerosystems, which develops and manufactures airborne defense systems and maritime and aerial mission solutions; Robotican, which develops ground robotics systems for military and security applications; Centrix, which develops technologies for drone detection, monitoring, and interception; and Indo, which focuses on heavy engineering equipment for civilian and defense applications.
“Electronic fuze systems are central components in precision weapons systems,” Lugasi said. “GATE has built a significant position in the field over the years, thanks to licensing processes and integration into dozens of weapons systems. Following the acquisition, Ondas intends to improve and strengthen support for existing customers, as well as expand the company’s operations in Israel and around the world.”
According to market research by MarketsandMarkets, the global loitering munitions market is expected to grow from approximately $5.4 billion in 2025 to about $13.3 billion by 2030.
GATE was represented in the transaction by attorneys Eyal Sagie and Myren Sandelson.
