Saab invests in Comand AI to strengthen European defence sector

Saab has announced a strategic investment of 11.1 MEUR for a 10% equity stake in Paris-based battlefield AI company, Comand AI.

The investment brings Comand AI’s AI-native planning solutions and technical expertise into Saab’s research and development ecosystem, supporting the continued evolution of Saab’s command and control (C2) and C5ISR* capabilities, including systems such as GlobalEye and ongoing initiatives for multi-domain C2.

(*C5ISR stands for Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, and Reconnaissance.)

Mannheimer Swartling represented, together with FTPA Avocats, Saab in the investment.