Swarmer to Acquire Ratel Robotics for Up to $224 Million

Defense
Defense
Acquisition
Acquisition
IPO:
Mar 17, 2026
Industry:
PREPACKAGED SOFTWARE

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Swarmer Enters Into Definitive Agreement to Acquire Ratel Robotics for Up to $224 Million

AUSTIN, Texas, Sept. 10, 2026 -- Swarmer, Inc (NASDAQ: SWMR), a drone autonomy platform company, announced it has entered into a definitive agreement to acquire Ratel Robotics, a leading manufacturer of unmanned ground vehicles (UGVs) in Ukraine. The transaction value is up to $224 million in a mix of cash and stock, contingent upon meeting earnout milestones.

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About Swarmer, Inc

We are launching the future of autonomous warfare through combat-proven software that enables military forces to deploy and coordinate drone swarms at significant scale. While hardware manufacturers compete and as the go-to in an increasingly commoditized market, we seek to establish ourself as a critical software layer operating system for autonomous swarm operations positioning us to capture increased value as the global military drone market experiences growth projected to exceed 12% compound annual growth through 2030.

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