Saab has acquired UK-based BlueBear Systems Group. The acquisition of all shares in BlueBear is part of Saab’s continued international growth journey across key markets, says the company press release. BlueBear is a leading provider of AI-enabled autonomous swarm systems for complex defence and security applications. BlueBear employs 65 employees at their site outside Bedford, England with a turnover of GBP8 million 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.
“This acquisition is another step in support of our international growth strategy as we seek to ensure Saab is well positioned in key markets and to sustain our competitive advantage. BlueBear, as world-leading provider of AI-enabled autonomous swarm systems for complex defence and security applications, is a good fit with our approach of leveraging emerging technologies in the fields of autonomous systems and AI,” says Micael Johansson, President and CEO of Saab.
Within Saab, BlueBear will be a centre for Rapid Concept Development providing expertise and scaling-up innovation.
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