This year, Ratel Robotics has secured contracts totaling $86 million and is in contract discussions with multiple NATO nations under the "Build With Ukraine" initiative. Its portfolio includes several modular UGVs that are currently being used for battlefield logistics, casualty evacuations, reconnaissance, drone launching and demining. The company is also developing two unmanned aerial vehicles (UAV) variants, mobile workshops and solar-powered trailers.

"Ratel is a major provider of UGVs for Ukraine," said Alex Fink, President and U.S. CEO of Swarmer. "We believe that UGVs can act as a universal launch-platform for UAVs, interceptors and other unmanned autonomous assets. Combining a battle-tested launch platform with our combat-proven autonomy software is the key to creating versatile, interoperable solutions. We are excited to have Taras Ostapchuk and his team at Ratel Robotics be the first to join Swarmer and grow our business in Ukraine and beyond."

Ratel Robotics has more than 300 employees who are expected to join Swarmer upon closing, bringing the entire pro forma company’s size to nearly 500 employees. Ostapchuk will continue in his role as founder and CEO of Ratel Robotics and will report directly to Fink.

"Having served in the armed forces of Ukraine, I understand firsthand the risks soldiers face on the battlefield," Ostapchuk said. "That experience inspired me to create robotic systems capable of taking on the most dangerous missions and protecting human lives. Together with Swarmer, we plan to combine ground capabilities and aerial capabilities with increasing levels of autonomy. This is the next stage in the evolution of modern warfare – putting fewer people in harm’s way and having more unmanned assets take on the risk."

Ratel Robotics’ products account for approximately 37% of the entire 11 billion UAH ($246.85 million) spent by the Ukrainian Ministry of Defense Procurement Agency on UGV procurement contracts from Jan. 1 to April 18, 2026.

"In my recent letter to shareholders, I stated our objective to build a platform company for products that have been tested on the battlefield and proven effective under the most demanding operational conditions," said Erik Prince, Swarmer’s chairman of the board. "Ratel precisely fits that mission. I believe Swarmer can accelerate its capabilities, scale its reach and integrate it with other proven technologies. Our objective is straightforward: assemble the best systems that have been forged in combat into one decisive, integrated solution."