Magnesium Capital has agreed to sell Cyberhawk to Ondas Inc.
Cyberhawk
Cyberhawk is a leading drone-based inspection and visualization software company serving critical infrastructure operators across utilities, energy and industrial markets. Founded in 2008, the company provides end-to-end drone inspection services, AI-enabled data processing and cloud-based visualization software through its iHawk platform. Cyberhawk has inspected more than 500,000 assets and built a large proprietary inspection-data repository used to support asset intelligence, workflow management and decision-making across complex infrastructure environments.
The Deal
Ondas Inc., a leading provider of autonomous systems, robotics and mission-critical technologies for defense, homeland security, public safety, critical infrastructure and industrial markets, announced that it has entered into a definitive agreement to acquire Cyberhawk. Completion is expected in the third quarter of 2026, subject to customary closing conditions and regulatory approvals.
Our Perspective
Lalit Kasat, Lincoln International Managing Director who led the transaction, commented, “We are thrilled to have advised Magnesium Capital and other shareholders of Cyberhawk on this important milestone in the company’s continued growth trajectory. Chris and the team have built a truly unique market-leading platform, and we look forward to seeing Cyberhawk continue to scale and strengthen its leadership position.”
Ondas Inc.
Ondas Inc. (Nasdaq: ONDS) is a leading provider of autonomous systems, robotics and mission-critical technologies for defense, homeland security, public safety, critical infrastructure and industrial markets. The company develops and deploys integrated unmanned and autonomous platforms across air, ground and stratospheric environments, including autonomous drone systems, counter-UAS technologies, robotic ground systems, advanced unmanned aircraft and propulsion solutions, demining and engineering systems and integrated sensing and communications technologies designed to support intelligence, surveillance, reconnaissance, security and operational missions in complex environments. Ondas’ solutions are deployed globally by government, defense and commercial customers to protect infrastructure, borders, transportation networks, personnel and strategic assets.
For additional information on Ondas Inc., visit www.ondas.com.
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