Industrial Tech Acquisitions, Inc. (NASDAQ:ITAC) to Combine with Arbe Robotics in $573M Deal

Industrial Tech Acquisitions, Inc. (NASDAQ:ITAC) to Combine with Arbe Robotics in $573M Deal

Industrial Tech (NASDAQ:ITAC) has entered into a definitive agreement to combine with radar technology firm Arbe Robotics at an enterprise value of $573 million or 1.8x its 2025E revenue. Tel Aviv-based Arbe is developing 4D radar arrays for autonomous vehicles with potential applications in both the consumer and industrial spaces. The combined company is expected
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