Swarmer agrees acquisition of Ratel Robotics for up to $224M
Swarmer agreed to acquire Ukrainian battlefield-UGV maker Ratel Robotics in a cash-and-stock transaction valued at up to $224 million.
Evidence notes
- The transaction combines Swarmer’s autonomous drone-swarm software with Ratel’s unmanned ground vehicles.
- The consideration is a maximum transaction value, not a completed cash payment.
- The acquisition was announced on September 10 and remains pending completion.
Company overview
Defence autonomy software company building collaborative autonomy, swarm coordination, and command-and-control software for large numbers of low-cost unmanned systems. The company does not manufacture drones itself and instead operates at the intelligence and coordination layer across vendor-agnostic aerial and multi-domain robotic platforms.