French defense giant Thales is set to acquire a significant stake in maritime robotics firm Exail Technologies, valuing the company at nearly $4.5 billion including debt. Thales will initially purchase 35.51% of Exail from the controlling Gorge family for €134 per share, a 44% premium to the company's recent trading price. This initial investment paves the way for a full takeover bid at the same price, expected to be finalized by early 2028.

This strategic move bolsters Thales's underwater warfare capabilities, integrating Exail's expertise in maritime robotics and navigation systems. The deal, valued at €3.9 billion ($4.4