Swarmer Announces Acquisition of Ratel Robotics for Up to $224 Million
Swarmer Inc., a drone autonomy platform company, announced an agreement to acquire Ukrainian unmanned ground vehicle manufacturer Ratel Robotics in a deal valued up to $224 million. The acquisition includes both cash and stock components as well as undisclosed earnout milestones. Swarmer's shares rose by nearly 5% in premarket trading following the announcement. Ratel Robotics has secured contracts totaling $86 million this year, with its products accounting for approximately 37% of unmanned ground vehicle procurement contracts awarded by Ukraine’s Ministry of Defense Procurement Agency through April 2026. The company's vehicles are used across multiple military applications including logistics and demining. The acquisition is expected to expand Swarmer’s workforce significantly, as Ratel employs over 300 people who will join the combined entity post-transaction. Taras Ostapchuk, founder of Ratel Robotics, will continue in his role under Alex Fink, U.S. CEO at Swarmer.
Tickers: $SWMR
Topics: acquisition drone technology stock movement unmanned ground vehicles