Ondas x DZYNE
Key points:
Ondas is acquiring DZYNE Technologies in an $875.8 million deal.
Deal structure:
$200M cash
~$675M in Ondas stock
More than half of the stock consideration is subject to a 6-month lock-up.
DZYNE is projecting:
$191M revenue in 2026
$300M revenue in 2027
Ondas has increased its 2026 revenue guidance from $390M to $525M following the DZYNE and Ominisys acquisitions.
Is this as big of a deal as it looks?
Do you think Ondas is building something genuinely special, or are they taking on too much too quickly?
Are the projected revenue numbers realistic?
Would love to hear both the bullish and bearish views.