LONDON – Global law firm Reed Smith advised private equity firm Magnesium Capital and the senior management team of Cyberhawk in connection with the sale of Cyberhawk to Ondas Inc. (Nasdaq: ONDS), a leading provider of autonomous systems and next-generation defence and security technologies. The transaction is valued at approximately $125 million.

Founded in 2008, Cyberhawk is a leader in drone-based inspection and visual data management software, serving critical infrastructure operators. The company provides end-to-end drone inspection services, AI-enabled data processing, and cloud-based visualisation software through its iHawk platform.

The acquisition is expected to close during the third quarter of 2026, subject to customary closing conditions and regulatory approvals.

The Reed Smith team advising Magnesium Capital on the sale was led by private equity partner Tom Whelan, supported by associates Alex Pierce and Ciaran Sweeney, trainee Gurveen Johal, tax partner Caspar Fox and associate Sofia Loopuit.

A separate Reed Smith team advising Cyberhawk’s senior management was led by private equity partner Andy Houghton and senior associate Karim El-Borhami, with support from tax partners Harrison Stimson, Ian Sherwin and Ron Scharnberg, and Katie Geddes on US capital markets matters.

About Reed Smith

Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions, and regulatory matters.

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