Saab invests $13 million in defence technology company Comand AI

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June 17, 2026 10:18 AM EDT

FILE PHOTO: The Saab Technologies logo is displayed during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pike/File Photo

COPENHAGEN, June ‌17 (Reuters) - ​Swedish ​defence equipment maker Saab said on ‌Wednesday it had invested €11.1 million ($12.9 ⁠million) for a 10% ‌stake in Paris-based ‌defence technology company Comand AI.

• The investment will ​help Saab develop its command and control ⁠capabilities (C2) as well as its capabilities ​in command, control, communications, computers, cyber, intelligence, surveillance, ​and reconnaissance (C5ISR), ‌the company said.

• "By partnering with Comand ⁠AI, we are strengthening the development of Saab's ⁠C2 and C5ISR capabilities while bringing ​Swedish defence expertise and French AI innovation together," Saab said.

• ‌The deal is still pending approval ‌from regulatory authorities.

($1 = ⁠0.8621 euros)

(Reporting ‌by Louise ​Rasmussen. Editing by Essi Lehto and Mark ‌Potter)


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