Ondas Holdings Inc.

The school backpack brand Scout, once the market leader, is shifting its target group from children to their parents to win back lost market share. The brand is using the ongoing '90s nostalgia wave as the core of its revival strategy. The goal is to become successful again in the school backpack market through parent-focused messaging and retro designs. » More on sueddeutsche.de

Ondas is acquiring GATE Technologies and Bron Technologies for $205 million plus earn-outs of up to $185 million, payable in cash or stock. The initial consideration includes $105 million in cash and $100 million in common stock plus a working-capital adjustment. Ondas expects the acquired business to contribute more than $130 million in cumulative adjusted EBITDA by 2028 and forecasts revenue of $65 million in 2026, rising to $180 million in 2028. Production sites in Israel and Poland will be complemented by development and manufacturing capacity built in the U.S.; first U.S. products are expected in H1 2027. » More on de.investing.com

Ondas shares dropped about 6% in early trading with no company-specific news, part of a broader selloff in small, pre-profit drone names. Red Cat fell roughly 3% while the REX Drone ETF slid 2% and the S&P 500 fell 0.5%, signaling a risk-appetite withdrawal rather than fundamental repricing. Rising 10-year Treasury yields (~4.78%) and Brent crude above $91 amid U.S.-Iran tensions are compressing valuations, hitting the smallest, high-beta drone stocks hardest. Market participants will watch Treasury auctions and any defense procurement headlines for signs of stabilization before adding exposure. » More on finance.yahoo.com