Saab acquired BlueBear, an Oakley, UK-based provider of AI-enabled autonomous swarm systems for complex defence and security applications.
The amount of the deal was not disclosed.
The acquisition of all shares in BlueBear is part of Saab’s continued international growth journey across key markets, which include the United Kingdom, Australia, the United States and Germany.
Led by Dr Yoge Patel, CEO, BlueBear is an agile systems integrator for robotic & autonomous systems in air, land & sea. The company employs 65 people at their site outside Bedford, England with a turnover of £8m in 2022.
BlueBear will contribute to Saab’s existing activities worldwide and Saab will benefit from BlueBear’s expertise in autonomy and swarming, as well as command and control systems.
FinSMEs
31/08/2023