Swarmer to acquire Ratel Robotics in cash-and-stock deal up to $224M
Swarmer has agreed to acquire Ratel Robotics, a Ukrainian unmanned ground vehicles manufacturer, in a cash and stock deal worth up to $224M if all earnout milestones are met. Closing remains subject to customary conditions and required legal, regulatory and shareholder approvals.
Swarmer NASDAQ:SWMR has agreed to buy Ratel Robotics, a Ukrainian maker of unmanned ground vehicles, in a cash-and-stock transaction valued at up to $224M if all earnout milestones are achieved. Closing is still subject to customary conditions and any required legal, regulatory and shareholder approvals.