Swarmer to buy Ratel Robotics in $224M deal
Drone software provider Swarmer Inc. is set to acquire Ukrainian defense technology company Ratel Robotics in a $224M deal. The purchase is described as expanding Swarmer’s ground-based defense technology business amid consolidation in Ukraine’s drone industry.
Swarmer Inc. (SWMR) stock is drawing attention after the drone software provider said it will acquire Ukrainian defense technology company Ratel Robotics in a $224M deal. The acquisition is expected to strengthen Swarmer’s defense business as Ukraine’s crowded drone industry begins to consolidate. Swarmer said the move expands it into ground-based defense technology.