Ondas Buys Aran Defense for $33M to Add 3D Printing to Its Drone Portfolio

The Deal

Autonomous systems company Ondas (NASDAQ: ONDS) has entered a definitive agreement to acquire Aran Defense Ltd., the defense-focused division of Israeli engineering firm Aran Ltd. The purchase price is roughly $33 million, and the transaction is expected to close in Q3 2026.

Aran Defense generated approximately $12 million in revenue in 2024 and roughly $17 million in 2025. The business is on track to reach about $26 million in 2026 with positive Adjusted EBITDA. That growth trajectory is part of what Ondas is buying. The company operates about 4,400 square meters of engineering and manufacturing facilities in Israel, with capabilities that span CNC machining, electromechanical assembly, classified production, quality control, procurement, warehousing, and 3D printing.

Why 3D Printing Matters Here

The inclusion of 3D printing in Aran Defense's capability list is notable. Ondas is building a vertically integrated defense technology company spanning development, manufacturing, and deployment of autonomous systems. Its portfolio already includes autonomous drones, counter-UAS systems, robotic ground platforms, and ISR hardware. In-house additive manufacturing lets the company prototype new airframe components faster and produce low-volume or classified parts without routing them through external vendors.

For a company scaling production of autonomous drone and ground-robotics systems, owning that prototyping and small-batch manufacturing loop in-house is a meaningful advantage. It reduces lead time for new product iterations and gives Ondas more control over classified work that cannot leave sovereign Israeli facilities.

Ondas at a Glance

Ondas recently reported record Q2 2026 revenue of $83.8 million and raised its full-year outlook to a $525 million to $550 million range. The company's pro forma backlog now sits at $757 million. Adding Aran Defense's manufacturing footprint and revenue base fits the pattern: Ondas is investing heavily in sovereign production capacity across multiple geographies, and this acquisition extends that effort into Israel's established defense industrial base.

The Aran Defense acquisition is the kind of behind-the-scenes infrastructure play that rarely makes headlines, but it matters. Owning the manufacturing floor, including 3D printing capability, means Ondas can scale its autonomous systems production without waiting on outside suppliers. For defense primes and militaries that want faster delivery of specialized hardware, that is a competitive edge.