Swarmer to Acquire Ratel Robotics for Up to $224 Million

Swarmer entered into a definitive agreement to acquire Ratel Robotics for up to $224 million in cash and stock, subject to earnout milestones and customary closing conditions. The acquisition would add Ratel’s combat-proven unmanned ground vehicles to Swarmer’s autonomy platform, combining physical systems with its coordination software for integrated ground and aerial capabilities.