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Business/Financial

BAE Adds To Autonomous Capabilities With Acquisition Of Company Focused On UUVs

By Cal Biesecker

Monday, June 3rd, 2019

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BAE Adds To Autonomous Capabilities With Acquisition Of Company Focused On UUVs

Two Riptide µUUVs ready for operations. Photo: BAE Systems

BAE Systems, Inc. on Monday said it has acquired a small company that specializes in small unmanned underwater vehicles (UUVs), boosting its capabilities in autonomous systems. Terms of the asset purchase of Massachusetts-based Riptide Autonomous Solutions were not disclosed. The company has 17 employees, all of which have been offered employment with BAE. “Adding Riptide’s technological capabilities will position us to provide customers unmatched flexibility by offering a family of UUVs and integrated payload solutions capable of supporting a variety…

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