BTBlackSea TechnologiesAAEVEX Corp.

Overview

AEVEX Corp. agreed to acquire BlackSea Technologies, a provider of unmanned surface and subsea vessels, for up to $650 million on a cash-free, debt-free basis. Consideration is about $250 million cash, about $350 million in AEVEX Class A stock at $27.50/share, and a $50 million performance-based earnout.

Deal rationale

The acquisition expands AEVEX's multi-domain autonomous systems portfolio into maritime, adding Navy customer access and domestic manufacturing capacity.

Timeline

1. AnnouncedAug 12, 2026

   Imported from prototype record 357, unverified

   Filing
2. ClosedSep 8, 2026

   Closing reported in Form 8-K filed 2026-09-08.

   Filing

Valuation and terms

Advisors

Parties