
Swarmer agrees $224 million Ratel Robotics deal
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Swarmer (NASDAQ:SWMR) agreed to acquire Ratel Robotics for up to $224 million, adding a Ukrainian unmanned ground vehicle manufacturer to its defense technology operations.
Erik Prince, Swarmer Chairman and Blackwater Founder, discusses the IPO and scaling autonomous drone software. He tells Dani Burger and Matt Miller on "Open Interest" that proceeds will fund more engineers for maritime operations.