Ondas INC. acquires INDO Earth Moving Ltd. following $140 million military contract win

Ondas Inc. has finalized the acquisition of INDO Earth Moving Ltd., a specialist in military heavy engineering equipment. The move follows INDO's securement of a $140 million prime contract for tracked engineering platforms. Ondas intends to leverage the acquisition to deploy autonomous and remote-operation technologies across heavy-duty defense and infrastructure machinery.

According to official disclosures, Ondas Inc. has completed the acquisition of INDO Earth Moving LTD., a firm specializing in heavy engineering equipment for national security and infrastructure sectors. The acquisition follows INDO’s selection as the prime contractor for a $140 million military tender involving the supply and lifecycle support of heavy-tracked engineering platforms. Under the two-year delivery phase, the program includes the supply of dozens of vehicles, followed by at least four years of operational and logistics maintenance. Ondas INC. is a US-based developer of autonomous robotic systems and private wireless networks designed for mission-critical industrial and defense applications.

This transaction marks a strategic expansion for the autonomous systems market, moving beyond lightweight robotics into heavy-duty combat engineering. By merging INDO’s hardware procurement capabilities with its own autonomous navigation and mission software, Ondas intends to develop robotic platforms for high-risk environments. This development is critical for the defense sector, where the automation of route clearance, obstacle breaching, and defensive fortification is increasingly prioritized to reduce personnel exposure.

The move provides Ondas with immediate revenue through the $140 million contract while creating technological synergies with its existing units, such as Roboteam and Apeiro. For stakeholders, this acquisition signals a transition toward multi-domain autonomous ecosystems that bridge the gap between aerial drones and ground-based heavy machinery. Furthermore, the integration of remote-operation technology into engineering fleets addresses a growing global demand for autonomous solutions in disaster response and border security infrastructure.