Swarmer to Acquire Ratel Robotics

September 10, 2026

Swarmer entered into a definitive agreement to acquire Ratel Robotics for a mix of cash and stock worth up to $224 million, subject to earnout milestones and customary closing conditions. The acquisition adds Ratel’s combat-proven unmanned ground vehicles to Swarmer’s autonomy software platform, with more than 300 Ratel employees expected to join Swarmer upon closing.

Buyers
Swarmer, Inc.
Targets
Ratel Robotics
Location
Ukraine
Transaction Type
Buyout

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