Mar. 19 at 5:05 AM
$SWMR Following the sale, about 12.3 million shares will be outstanding. The IPO should leave the company with about
$25 million in cash.
The company reported an
$8.5 million loss in 2025.
Swarmer is still a small company competing with everyone from privately held drone vendors such as Shield AI and Anduril, as well as defense contractors such as
$NOC
+0.11%
and
$LMT
+0.94%
Swarmer is betting its success on its experience in Ukraine, rapid technology development, and the ability of its software to be used on any drone platform.
https://www.barrons.com/articles/swarmer-swmr-ipo-stock-price-ticker-7b0d2e1e