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Ondas shares rise after potential $390 million GATE acquisition

Verifying
  • Ondas agreed to acquire GATE Technologies and Bron Technologies for up to $390 million.
  • Ondas will pay $205 million upfront, including $105 million cash and $100 million stock.
  • GATE revenue is projected at $65 million in 2026 and $180 million by 2028.
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