Saab completed the acquisition of BlueBear.

Saab, an aerospace and defense company, completed the acquisition of BlueBear, a provider of AI-enabled autonomous swarm systems for complex defence and security applications. Financial terms were not disclosed. “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,” Micael Johansson, Saab President and CEO.