AEVEX agrees to acquire BlackSea Technologies for up to $650 million
AEVEX signed a definitive agreement to acquire autonomous maritime-systems company BlackSea Technologies for consideration valued at up to $650 million.
Evidence notes
- 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 transaction would add surface and subsea platforms to AEVEX’s existing airborne autonomous-systems portfolio.
Company context
U.S. defense autonomy and uncrewed-systems company.