Swarmer makes drone-autonomy software, enabling drones to swarm, and helping operators control dozens or hundreds of drones simultaneously—making it difficult to disable the entire swarm by taking out a single drone.
The company’s technology has been deployed in Ukraine since 2023, where it has supported more than 100,000 combat missions.
- Founded 2023
- Headquarters: Austin, Texas
- Employees: 49
- getswarmer.com
Drone-tech firm Swarmer Inc. (Nasdaq: SWMR), which boasts Blackwater founder and industry veteran Erik Prince as its non-executive chairman, saw its shares rise as much as 700% in late trade Tuesday after pricing at $5 each the night before.
The company is building a software-first, AI enabled, autonomy and coordination platform for scaled unmanned combat operations. While it may sound like the script from a Terminator movie, the technology is no fantasy and in fact has already been combat tested in Ukraine since 2023 with tens of thousands of missions in the books. Currently, 42 armed forces use Swarmer for 300+ missions daily.
2026 is set to be an inflection year for the innovator, headquartered in Texas with an expected top line of approximately $20 million. Firm commitments of $16.3 million from executed contracts offer dependable visibility into earnings potential over the next 12-24 months. With strong tailwinds in place for defense equities and SWMR approaching its first revenue inflection point, the timing looks right.
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 Northrop Grumman (NOC) and Lockheed Martin (LMT).
Ukraine has been at the forefront of drone warfare, serving as the testing ground for the most innovative and ground-breaking battlefield technologies. Its defense industry has rapidly expanded in response to the unprecedented scale of the conflict: in 2025 alone, Ukraine is slated to deploy close to 5,000,000 drones into active combat. This monumental scale, paired with an agility in procurement rarely seen in the defense industry, accelerates innovation and growth.

