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Swarmer Inc. debuted its IPO on March 17, 2026, with an initial price of $5 per share, opening at $12.50 and reaching a peak of $17.60, reflecting a 252% surge. The company specializes in autonomous drone software, having supported over 100,000 combat operations in Ukraine since 2023.

In 2025, Swarmer reported revenue of $309,920 and a net loss of $8.5 million, but maintains $16.3 million in confirmed orders. The IPO raised approximately $15 million, increasing total cash reserves to about $25 million. The stock is trading on Nasdaq.