Ondas Inc. has agreed to acquire German aircraft manufacturer Stemme GmbH, the company announced. The purchase will be made entirely in cash, though financial terms have not been disclosed.
Stemme builds the S12 composite aircraft, which serves as the foundation for the ULTRA uncrewed reconnaissance aircraft system. Ondas said the acquisition will support its goal to expand ULTRA production from the current two units a month to 10 a month by 2028.
The transaction is expected to close in the first quarter of 2027.
