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US Defence company Swarmer is buying Ukrainian ground robotic systems manufacturer Ratel Robotics in a deal worth up to US$224 million.
Source: The Wall Street Journal
Details: The deal will be carried out through a cash-and-stock deal. The WSJ reports that it will be one of the largest acquisitions in Ukraine's unmanned systems industry.
Ratel Robotics specialises in developing ground robotic systems, while Swarmer builds AI-powered software for autonomous control and coordination of drone swarms.
