M&A Deal Summary

Ondas Acquires American Robotics

On May 17, 2021, Ondas acquired machinery company American Robotics

Acquisition Highlights
  • This is Ondas’ 1st transaction in the Machinery sector.
  • This is Ondas’ 1st transaction in the United States.
  • This is Ondas’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2021-05-17
Target American Robotics
Sector Machinery
Buyer(s) Ondas
Deal Type Add-on Acquisition

Target

American Robotics

Marlborough, Massachusetts, United States
American Robotics (AR) is a privately-owned company focused on designing, developing, and marketing industrial drone solutions for rugged, real-world environments. AR’s Scout System is a fully automated, AI-powered drone system capable of continuous, unattended operation and is marketed as a “drone-in-a-box” turnkey data solution service under a Robot-as-a-Service (RAAS) business model. American Robotics was formed in 2016 and is based in Marlborough, Massachusetts.

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Buyer(S) 1

Buyer

Ondas

Sunnyvale, California, United States

Category Company
Sector Technology Hardware
Employees14
Revenue 2M USD (2020)
DESCRIPTION

Ondas was founded in Silicon Valley by highly experienced telecommunications executives, is a wireless networking company that designs and manufactures its multi-patented, Software Defined Radio (SDR) platform for Mission Critical IoT (MC-IoT) applications. Its SDR technology supports IEEE 802.16s, the new worldwide standard for private licensed wide area industrial networks. The company's radios enable wide-area intelligent networks (WANs) for smart grids, smart pipes, smart fields, and any other mission critical network that needs internet protocol connectivity. Ondas is headquartered in Sunnyvale, California.


DEAL STATS #
Overall 1 of 2
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Massachusetts) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-21 Ardenna

Hampton, Virginia, United States

Ardenna is a provider of image processing and machine learning software solutions for rail infrastructure monitoring and inspections. Ardenna is based in Hampton, Virginia.

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