US-based Ondas to acquire Israel’s GATE for $205 million — Jerusalem Post
US defense technology company Ondas has announced the acquisition of Israel’s GATE Technologies Ltd., which develops and manufactures intelligent fuzes for loitering munitions and drones. The deal also includes GATE’s European partner, Bron Technologies. This was reported by the Jerusalem Post.
The base value of the deal is $205 million. It may increase by another $185 million if the company meets specified targets by the end of 2028. GATE also participates in the Iron Dome missile defense system project.
Fuzes for drones and munitions
Founded in 1996, GATE develops, manufactures and licenses electronic safe arming and firing systems for munitions. Its products are integrated into dozens of weapons systems worldwide, including missiles, rockets, unmanned aerial vehicles and loitering munitions.
These systems are designed to ensure the safety of munitions during storage, transportation and launch. They are activated only after pre-established conditions are met.
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Ondas Chairman of the Board and CEO Eric Brock said the company plans to invest in GATE’s manufacturing and engineering capabilities and expand its international operations.
Manufacturing in Poland and the US
Most of GATE’s revenue comes from outside Israel. Bron Technologies has manufacturing facilities in Poland. The company is also establishing engineering, integration, qualification and manufacturing capabilities in the United States. Sales of products made in the US are expected in the first half of 2027.
Ondas is traded on Nasdaq and, according to the publication, has a market capitalization of $4.1 billion. Over the past year, the company has acquired a number of Israeli defense enterprises, including drone manufacturer Airobotics, artificial intelligence systems developer Omnisys, Bird Aerosystems, Robotican, Centrix and Indo.
