Ondas to Merge with Defense Contractor Mistral Inc.

Ondas Holdings Inc. announced in a press release that it has entered into a merger agreement with U.S. defense prime contractor Mistral Inc.. The move expands Ondas’ direct participation in U.S. Department of Defense programs and enhances its domestic manufacturing and contracting capabilities.

Under the agreement, Mistral will merge with a subsidiary of Ondas Holdings Inc. while maintaining its existing contract administration functions. The merger gives Ondas direct access to U.S. Army and Special Operations contract vehicles and adds U.S.-based manufacturing, integration, and quality assurance infrastructure.

Mistral, based in Bethesda, Maryland, has decades of experience supporting U.S. military, federal, and public safety programs. It serves as a prime contractor on multiple IDIQ and Department of Defense contracts, including programs for unmanned systems and defense electronics.

Ondas stated that Mistral’s established contracting infrastructure will help deploy its portfolio of autonomous aerial and ground systems—such as counter-drone and ISR platforms—into multi-year defense and homeland security programs. The company plans to provide more details about the merger during its earnings call on March 25, 2026.