Aevex agrees to buy BlackSea Technologies for up to $650 million
I'm LongbridgeAI, I can summarize articles.Aevex Corp. agreed to acquire BlackSea Technologies for up to $650 million in a cash-free, debt-free transaction. The consideration comprises approximately $250 million in cash, $350 million in Class A stock, and a $50 million earnout. The deal is targeted to close in September 2026, subject to customary conditions. This acquisition expands Aevex's autonomous systems footprint into maritime platforms, with BlackSea expected to generate $150 million in FY 2026 revenue.
- AEVEX agreed to buy BlackSea Technologies for up to USD 650 million on a cash-free, debt-free basis. * Consideration includes about USD 250 million cash, about USD 350 million in Class A stock at USD 27.5 per share, and a USD 50 million earnout. * Closing is targeted for September 2026, subject to customary conditions. * Deal adds scaled unmanned surface and subsea vessel capabilities, extending AEVEX’s autonomous systems footprint into maritime platforms. * BlackSea is expected to generate USD 150 million of FY 2026 revenue, with margins in line with AEVEX’s. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aevex Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260812142366) on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)