Ukraine's Swarmer announces acquisition of ground robotics maker Ratel Robotics, deal worth up to $224 mln

Intelligence summary

Ukrainian defense startup Swarmer, which went public on Nasdaq (ticker: SWMR) in March this year, has announced a deal to acquire Ukrainian ground robotic complex (UGV) and unmanned aerial vehicle (UAV) manufacturer Ratel Robotics, in a deal that could be worth $224 million.