BlackSea Technologies Timeline

Events

• 2026-08-12 - Acquisition - AEVEX agrees to acquire BlackSea Technologies for up to $650 million - The proposed consideration comprises about $250 million in cash, $350 million in AEVEX stock and an earnout of up to $50 million. BlackSea develops uncrewed surface and underwater vehicles and reports manufacturing capacity of roughly 40 USVs per month. The… - source: businesswire.com
• 2025-08-05 - Demonstration - BlackSea GARC joins Navy Operation Southern Spear experiments - The activity tested small uncrewed craft in a Navy experimentation context. This is typed as demonstration because the source describes experimental use rather than sustained deployment. The milestone strengthens BlackSea GARC's position in commercial… - source: nationaldefensemagazine.org
• 2025-06-18 - Market Signal - U.S. Navy leadership visits BlackSea production facilities - Acting Chief of Naval Operations Adm. Jim Kilby visited BlackSea Technologies production facilities in Baltimore. The Navy described BlackSea support for the Small Unmanned Surface Vehicles program. The visit signaled Navy attention to BlackSea production… - source: navy.mil
• 2025-02-27 - Production Milestone - BlackSea Technologies reaches over 32 GARCs per month - The company tied the rate to its Baltimore production facility and unmanned naval systems demand. This is classified as a production milestone because it states a current monthly build/delivery rate. - source: blacksea.tech