According to a PR published by Saab Group on August 31, 2023, the company announced the acquisition of the UK-based BlueBear Systems Group Ltd, underlining its commitment to strengthening its presence in key international markets such as the UK, Australia, the US, and Germany.
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Unmanned aerial vehicle. (Picture source: Linkedin's account of BlueBear)
BlueBear, which specializes in AI-driven autonomous swarm systems for defense and security applications, recorded a turnover of £8 million in 2022. The firm has a workforce of 65, located outside Bedford, England.
This acquisition is part of Saab's strategic expansion plan in key markets, including the UK, Australia, the US, and Germany. With the addition of BlueBear's expertise in AI-based autonomous swarming and command and control systems, Saab aims to enhance its current global offerings.
Saab’s acquisition strategy has been to align with companies at the forefront of emerging technologies such as AI and machine learning. The goal is to integrate these innovations into their system capabilities, aiming to increase efficiency and adaptability across their product range.
About BlueBear
The firm specializes in creating and implementing robust technological. Among their products, they offer a configurable autonomy toolbox, specific avionics for functions like GPS-denied flight, and sophisticated mission systems.
They've also adapted various platforms, from UAVs to UUVs, for diverse applications, whether it's defense-oriented tasks like surveillance or commercial activities such as logistics.
