Ukrainian deftech startup Swarmer, which develops software for autonomous control of drone swarms, is starting public trading of its own securities on the US stock market. The company plans to raise multi-million-dollar capital to further scale its military innovations. This is reported by Business Wire.
The total amount of funds raised within the public offering should be about $15 million. The company is offering 3 million common shares to the public at a fixed price of $5 per share. Trading will start on the Nasdaq Capital Market on March 17, 2026, under the ticker “SWMR”, and the official closing of the deal is scheduled for approximately March 18 (subject to compliance with standard requirements).
The underwriter of the offering is Lucid Capital Markets. It received a 30-day option to buy an additional 450,000 shares of the startup at a similar starting price.
The startup Swarmer was founded in May 2023 by entrepreneurs Sergey Kuprienko and Alex Fink. The company’s flagship products are the Styx AI and Trident OS software complexes. The main technological advantage of these systems is the ability to autonomously coordinate groups of drones even in the complete absence of a GPS/GNSS signal and under the dense influence of enemy electronic warfare (EW) equipment. According to Western media, the Swarmer algorithms were trained on tens of thousands of real combat missions. Artificial intelligence enables drones in a swarm to independently exchange data about targets and adjust their actions without the constant involvement of an FPV pilot.
