Acquiring Company
Red Cat Holdings & Palantir Technologies
Acquired Company
Steyr Motors
San Juan
Upper AustriaInformation TechnologySoftwareArtificial IntelligenceMachine LearningRoboticsManufacturingAutomotiveDescription
Red Cat, through its subsidiary SMOT Acquisition GmbH, has made a voluntary cash offer to acquire Steyr Motors for EUR 39.00 per share. A binding merger agreement has been signed, with the offer document expected by November 15, 2026, and acceptance closing on December 18, 2026.
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Frequently asked
Who acquired Steyr Motors?
Steyr Motors was acquired by Red Cat Holdings & Palantir Technologies, based in San Juan. The deal was reported on October 22, 2026. Red Cat Holdings, Inc. and Palantir Technologies Inc. are strategic partners in the development of advanced AI software for autonomous sUAS operations. Red Cat Holdings & Palantir Technologies is privately held and operates in Information Technology.
When did Red Cat Holdings & Palantir Technologies acquire Steyr Motors?
Red Cat Holdings & Palantir Technologies's acquisition of Steyr Motors was reported on October 22, 2026. Red Cat, through its subsidiary SMOT Acquisition GmbH, has made a voluntary cash offer to acquire Steyr Motors for EUR 39.00 per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Steyr Motors do?
Steyr Motors is a manufacturer of advanced defense and civilian mobility solutions. The company specializes in producing engines for various applications, including military vehicles. It is privately held, operating in Manufacturing, and is based in Upper Austria.
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