BiomX Acquires Zorronet, Autonomous AI Command-and-Control Platform for Real-Time Defense and Security Applications

BiomX (NYSE:PHGE) completed the acquisition of 100% of Zorronet from Water.io on April 10, 2026, entering the defense, rescue and security sector.

Rhea-AI Summary

BiomX (NYSE:PHGE) completed the acquisition of 100% of Zorronet from Water.io on April 10, 2026, entering the defense, rescue and security sector.

Zorronet supplies AI command-and-control software integrating video analytics, drones, sensors and IoT, with contracts including the Israel Defense Forces and Israel Railways. BiomX says the move complements its option to acquire DFSL and targets a combined ~$81B command-and-control and video analytics market by 2030.

Positive

• Acquired 100% of Zorronet on April 10, 2026
• Targets combined market of ~$81B by 2030
• Zorronet has contracts with Israel Defense Forces and Israel Railways
• Complementary option to acquire DFSL (LADAR, C-UAS capabilities)

Negative

• Purchase price and transaction financial terms were not disclosed

Argus Apr 10 session

-3.34% close to close Open Argus

Details

News Market Reaction – PHGE

On Apr 10, the day this news came out, PHGE closed 3.34% below the previous close.

Data tracked by StockTitan Argus for the Apr 10 session.

Key Figures

Target markets by 2030: $81B Command and control market: $44 billion Video analytics market: $37 billion+ +5 more

Target markets by 2030

$81B

Command-and-control and video analytics markets combined by 2030

Command and control market

$44 billion

Projected global command and control systems market size by 2030

Video analytics market

$37 billion+

Expected global video analytics market size by 2030

Current price

$2.99

Share price prior to Zorronet acquisition announcement

1-day move

3.1%

Price change over the prior 24 hours

52-week range

$1.5004 – $14.7117

Low and high over the last 52 weeks

Market cap

$18,976,196

Equity value before the Zorronet acquisition news

Registered resale shares

5,310,933 shares

Shares registered under S-3 shelf for resale

Historical Context

5 past events · Latest: Mar 31

5 events

1. Mar 31

   Defense acquisition option

   24h Move

   -16.4%

   Option to acquire DFSL LADAR counter-drone platform for defense markets.

2. Mar 30

   Advisory board change

   24h Move

   -2.8%

   Added former Mossad deputy to guide security and defense expansion.

3. Mar 27

   Listing deficiency notice

   24h Move

   -2.8%

   NYSE American notice on stockholders’ equity deficiency and going concern.

4. Mar 26

   Security subsidiary launch

   24h Move

   -3.7%

   Launched X Security & Defense and committed over $3M from internal funds.

5. Mar 19

   CEO strategic reset

   24h Move

   -1.2%

   CEO outlined financial reset, warrant amendments, and defense repositioning.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

command-and-control, video analytics, iot devices, ladar, +4 more

8 terms

command-and-control technical

"Autonomous AI Command-and-Control Platform for Real-Time Defense and Security Applications"

"Command-and-control" describes a system where authority is centralized, and decisions are made by a single leader or a small group that directs how activities are carried out. In financial or organizational contexts, it means strict oversight and top-down management, leaving little room for individual discretion. For investors, it highlights how power and decision-making influence the stability, efficiency, and flexibility of an organization or market.

video analytics technical

"Targets $81B command-and-control and video analytics markets by 2030"

Video analytics is software that automatically watches and interprets video feeds to detect objects, actions, patterns or anomalies—like a person rapidly scanning hours of footage and flagging important moments. For investors it matters because the technology can create recurring revenue from subscriptions, cut operating costs by replacing manual monitoring, enable new services (analytics-driven marketing, safety, or traffic management), and carry privacy or regulatory risks that affect a company’s value.

iot devices technical

"integrate video analytics, drones, sensors, and IoT devices into a unified"

Internet of Things (IoT) devices are everyday objects—like sensors, appliances, machines or wearables—that are fitted with connectivity and simple computing so they can collect and share data over the internet. Investors care because these devices can create recurring revenue from services and data, drive cost savings or new product lines, and introduce risks around security and scale that can materially affect a company’s growth and profitability.

ladar technical

"an Israeli LADAR (Laser Detection and Ranging) solutions company with established"

Ladar is a sensing technology that uses laser light pulses to map distances and shapes by measuring how long it takes the light to bounce back, similar to how a bat uses echoes but with light instead of sound. Investors care because ladar systems are key components in products like self-driving cars, drones, mapping tools, and defense equipment, so advances or contracts can drive revenue, margins, and competitive position for suppliers and users.

c-uas technical

"capabilities in counter-unmanned aerial systems (C-UAS), perimeter and border security"

c‑UAS (counter‑unmanned aircraft system) are integrated tools and procedures used to detect, track, and stop unauthorized drones—like a security system that sees and disables an intruder in the sky. Investors watch c‑UAS because rising drone use and tighter rules create demand for hardware, software, and services, which can drive sales growth and affect regulatory risk for companies in defense, airports, utilities, and event security.

situational awareness technical

"driven by real-time situational awareness in defense environments"

Awareness of the real-time business, market and regulatory conditions that could affect an investment; like a driver scanning the road for hazards, it means continuously noting news, price moves, regulatory signals and other forces that change a company’s prospects. Investors rely on situational awareness to react quickly to risks and opportunities, adjust position size, protect capital and seize short‑lived advantages before the environment shifts.

tier-1 oems technical

"government customers, Tier-1 OEMs such as Elbit Systems, and international clients"

Tier-1 OEMs are the largest, primary manufacturers that build finished products sold under their own brand or directly to end customers—think major carmakers, appliance makers, or device makers. They sit at the top of a supply chain and work directly with key suppliers, so their buying choices and quality standards strongly affect suppliers’ sales, costs and margins. For investors, contracts or partnerships with tier-1 OEMs signal stable demand and higher revenue visibility, much like having a steady, well-known landlord for a commercial tenant.

ai-powered technical

"Zorronet is a developer of AI-powered command-and-control software that uses"

"AI-powered" describes technology that uses artificial intelligence to perform tasks, make decisions, or analyze information automatically. It’s similar to having a highly skilled assistant that can learn from data, recognize patterns, and improve over time, helping to make processes faster and more accurate. For investors, this means better insights and more efficient operations, potentially leading to smarter investment choices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Targets $81B command-and-control and video analytics markets by 2030, driven by real-time situational awareness in defense environments

NETANYA, Israel and REHOVOT, Israel, April 10, 2026 (GLOBE NEWSWIRE) -- BiomX Inc. (NYSE American: PHGE) (the “Company”) today announced that it has completed the acquisition of 100% of Zorronet from Water.io (TASE: WATR). This acquisition marks BiomX’s entry into the defense, security and rescue sector and establishes a foundation for building a diversified portfolio of defense, rescue, and security capabilities aligned with growing global demand. The acquisition was completed pursuant to a definitive agreement with Water.io.

Zorronet is a developer of AI-powered command-and-control software that uses artificial intelligence and machine learning to integrate video analytics, drones, sensors, and IoT devices into a unified operational intelligence environment. Its software ingests and analyzes multiple data and sensor streams simultaneously to detect, classify, and prioritize potential threats in near real time, enabling more efficient decision-making through a unified and actionable intelligence layer.

Zorronet has contracts with the Israel Defense Forces as well as major critical infrastructure including Israel Railways. The company also serves government customers, Tier-1 OEMs such as Elbit Systems, and international clients. Its platform is deployed in mission-critical defense and security environments where real-time situational awareness and rapid response are essential.

The acquisition complements the Company’s previously announced option to acquire control of DFSL, an Israeli LADAR (Laser Detection and Ranging) solutions company with established capabilities in counter-unmanned aerial systems (C-UAS), perimeter and border security, and advanced detection technologies. Both companies have demonstrated their technologies in real-world operational environments, including deployments supporting critical infrastructure and national border defense.

Modern security and defense operations rely on a growing network of sensors and connected systems that continuously generate large volumes of data. Operators often rely on multiple disconnected systems, increasing response times and the risk of missed threats. Zorronet addresses this challenge by bringing together fragmented systems into a unified environment, where data from cameras, drones, sensors, and IoT devices is continuously analyzed and translated into actionable intelligence, enabling operators to move from passive monitoring to active threat management and supporting enhanced monitoring and response capabilities.

These trends are reflected in broader market growth, with the global command and control systems market projected to reach approximately $44 billion by 2030, and the global video analytics market expected to exceed $37 billion over the same period, driven by increasing demand for integrated situational awareness and AI-enabled decision-support platforms.

“The acquisition of Zorronet strengthens our ability to support real-time decision-making across complex security environments,” said Michael Oster, Chief Executive Officer of BiomX. “As the volume of data generated by sensors, drones, and connected systems continues to grow, the ability to interpret that data efficiently and respond in a timely manner becomes increasingly important. This acquisition marks an important step in our entry into the defense sector and our focus on acquiring and building a diversified portfolio across defense, rescue, and security sectors.”

Additional details are available in the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “anticipates,” “potential,” “continue,” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements regarding the expected benefits of the acquisition, the Company’s strategic direction, and the expansion of its capabilities in defense, security, and critical infrastructure markets. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied. These risks and uncertainties are described more fully in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements, except as required by law.

Contact
Michael Oster
info@biomx.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BiomX (PHGE) announce about acquiring Zorronet on April 10, 2026?

BiomX announced it completed the acquisition of 100% of Zorronet on April 10, 2026. According to the company, Zorronet adds AI command-and-control software that integrates video analytics, drones, sensors and IoT for real-time defense and security operations.

How does the Zorronet acquisition affect BiomX's (PHGE) market focus and strategy?

The acquisition shifts BiomX toward defense, rescue and security markets with integrated AI capabilities. According to the company, this establishes a foundation to build a diversified defense portfolio and complements its option to acquire DFSL for LADAR/C-UAS solutions.

Which customers and sectors does Zorronet serve, as acquired by BiomX (PHGE)?

Zorronet serves defense, critical infrastructure and OEM customers, including the Israel Defense Forces and Israel Railways. According to the company, its platform is deployed in mission-critical environments requiring near real-time situational awareness and rapid response.

What market opportunity did BiomX (PHGE) cite for the Zorronet acquisition through 2030?

BiomX cited a combined addressable opportunity of about $81 billion by 2030 for command-and-control and video analytics. According to the company, growth is driven by demand for integrated situational awareness and AI-enabled decision support platforms.

Are the financial terms of BiomX's (PHGE) Zorronet acquisition disclosed?

No, the company did not disclose the purchase price or detailed financial terms for the acquisition. According to the company, additional details are available in its Current Report on Form 8-K filed with the SEC.