Swarmer Provides Additional Details on Pending Acquisition of Ratel Robotics
Business Wire•11/11/2026•08:00 ET
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Key Highlights
- ➤Ratel shareholders approved stock issuance for Swarmer acquisition on November 2, 2026
- ➤Ratel preliminary nine-month 2026 revenue reached $42.1 million
- ➤Ratel management projects fourth-quarter 2026 revenue of $35 million to $40 million
- ➤Ratel held approximately $65.1 million in government-contract backlog as of September 30
- ➤Swarmer expects acquisition closing in November 2026, pending remaining conditions
Expert Statements
Alex Fink, President and U.S. CEO of Swarmer
“Ratel management projects fourth quarter 2026 revenue of $35 million to $40 million, with operating margins of 13% to 17%.”
Alex Fink, President and U.S. CEO of Swarmer
“We have seen Ratel’s ability to manufacture at full capacity while increasing its capacity from one quarter to the next”
Alex Fink, President and U.S. CEO of Swarmer
“With this acquisition, Swarmer will no longer be a software provider reliant upon drone manufacturers for access to the battlefield. I believe Swarmer will become a direct seller of end-to-end solutions, with a portfolio that could grow to include ground vehicles, quadcopters, interceptors, and air-defense systems that could be deployed across Ukraine and other allied nations.”
Taras Ostapchuk, Founder and CEO of Ratel Robotics
“Working together with Swarmer, we plan to combine our proven unmanned ground capabilities with aerial capabilities that have increasing levels of autonomy to handle the most dangerous missions.”
Taras Ostapchuk, Founder and CEO of Ratel Robotics
“Alex and I both have a vision to save lives, while helping Ukraine and other allied nations confront the enemies of democracy.”
Swarmer Provides Additional Details on Pending Acquisition of Ratel Robotics
Anticipated addition of UGV manufacturing expands Swarmer’s portfolio beyond autonomy software sales, as company intends to become a direct seller of end-to-end systems for critical missions around the world
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