Saab Welcomes BlueBear to Its Innovative Family
Saab has today secured BlueBear Systems Group Ltd, headquartered in the United Kingdom.
The takeover of all shares in BlueBear is an integral aspect of Saab’s ongoing international expansion strategy across crucial markets, which encompass the United Kingdom, Australia, the United States, and Germany. BlueBear stands as a global leader in AI-driven autonomous swarm technologies designed for complex defense and security operations. The company employs 65 personnel at their location near Bedford, England, boasting a revenue of £8 million in 2022.
The merger of Saab’s renowned products, services, and solutions with BlueBear’s proficiency as a nimble integrator of AI-driven autonomous swarm technologies will significantly enhance Saab’s future potential. BlueBear will augment Saab’s existing global initiatives, and Saab will gain from BlueBear’s know-how in autonomy and swarming, alongside command and control frameworks.
As emerging and transformative technologies such as AI, machine learning, and autonomous systems hold the promise to revolutionize entire sectors, Saab adopts a forward-thinking strategy involving selective acquisitions. Through acquisitions and strategic alliances with firms that specialize in cutting-edge technologies, Saab is amplifying its competencies, thereby broadening the comprehensive solutions it offers to meet diverse defense requirements. Artificial Intelligence will empower Saab to enhance system abilities and boost efficiency across its globally recognized product line.
“This acquisition is yet another milestone in support of our international growth plan, as we aim to position Saab prominently in key markets and maintain our competitive edge. BlueBear, as a leading provider of AI-driven autonomous swarm systems for intricate defense and security operations, aligns excellently with our strategy of harnessing emerging technologies in the realms of autonomous systems and AI,” states Micael Johansson, President and CEO of Saab.
Within Saab, BlueBear will serve as a hub for Rapid Concept Development, delivering expertise and advancing innovation.
“For BlueBear, this marks a significant milestone in our journey as we advance as part of Saab. We foresee numerous enhanced possibilities in naval, aerial, and terrestrial autonomy, payload integration, next-generation command and control, AI-powered defense clouds, and next-gen platforms,” comments Dr. Yoge Patel, CEO of BlueBear.
