Swarmer oznámila strategické partnerství a kapitálový vstup do nové firmy Vectus Air Defense Systems, kterou vede Erik Prince a v níž má 20% podíl. Vectus má nabízet protivzdušnou obranu jako službu pro vlády a kritickou infrastrukturu.
Vectus Air Defense Systems to provide Air Defense as a Service for critical infrastructure; Swarmer — a founding partner with a 20% equity interest, contributing battle-proven air defense technologies and autonomy. | Source: Swarmer
AUSTIN, Texas, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc (“Swarmer” or the “Company”) (Nasdaq: SWMR), a drone autonomy software company which has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced its strategic partnership with and equity investment in Vectus Air Defense Systems, a newly established company led by Erik Prince and focused on providing air defense as a service to governments and critical infrastructure operators.
Vectus Air Defense Systems will design, integrate and operate complete layered air-defense systems under multi-year contractual agreements, encompassing system architecture, equipment, personnel, operations, management and maintenance — an end-to-end managed service designed around the specific threat environment and operating requirements of each customer.
“Over the past year, I have spent considerable time in Ukraine, the Middle East, Africa and Latin America speaking with both technology suppliers and potential customers,” said Erik Prince, Founder of Vectus Air Defense Systems and Non-Executive Chairman of Swarmer, “It’s clear that the threat is evolving rapidly and the demand for a private sector solution is very strong. We need to achieve a drastic reduction in the cost of defense and to enable customers to take the protection of critical assets into their own hands. This is not just a business opportunity but a societal requirement.”
Swarmer will work closely with Vectus Air Defense Systems on the development of advanced counter-UAS capabilities, including drone interceptor swarming technology.
Vectus Air Defense Systems will integrate best-in-class, battle-tested technologies from the United States, Ukraine, Israel, and other allied nations, combining advanced detection and tracking with a layered counter-UAS architecture incorporating detection, electronic warfare, drone interceptors and large-caliber cannons with a high rate of fire. As threats and defensive technologies evolve, the systems deployed at customer sites are expected to evolve with them.
“The future of air defense will be autonomous, distributed and built around technologies that can evolve as quickly as the threats they are designed to defeat,” said Alex Fink, President and U.S. Chief Executive Officer of Swarmer. “Erik’s deep experience with defense ministries, military leaders and security institutions gives Vectus Air Defense Systems the ability to bring together the best technologies from across the market and deliver them through a new air-defense-as-a-service model. Swarmer is thrilled to be a part of it from day one.”
About Vectus Air Defense Systems
Vectus Air Defense Systems provides Air Defense as a Service for sovereign governments and critical infrastructure operators. The company designs, integrates and continuously operates layered air-defense systems under multi-year service agreements, while monitoring evolving threats and upgrading deployed systems as technologies and tactics change. Its mission is to help ensure that critical infrastructure remains operational when disruption is not an option.
About Swarmer
Swarmer™ is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements about the anticipated strategic and financial benefits of the Company’s partnership with and equity investment in Vectus Air Defense Systems; the expected scope, capabilities and market opportunity of Vectus Air Defense Systems’ planned air defense as a service offering; Vectus Air Defense’s plans to provide multi-year managed services encompassing system architecture, equipment, personnel, operations, management and maintenance; the Company’s planned contribution of its autonomy software and technology integration capabilities to Vectus Air Defense Systems; the expected relevance of the Company’s operational learning cycles and combat data to counter-UAS and air-defense missions; the Company’s belief that Vectus Air Defense Systems can help drive down the cost per defensive effect; the Company’s plans to integrate technologies from multiple suppliers; the status of discussions with potential joint-venture partners and prospective customers; and the Company’s strategy to evaluate and pursue additional strategic opportunities.
Forward-looking statements are based on current expectations, estimates, forecasts, and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, among others: the Company’s limited operating history as a public company; its history of losses and limited current revenue; customer concentration and the timing, non-renewal, or loss of customer engagements; the Company’s ability to convert pilot programs, memoranda of understanding, and development-stage relationships into binding commercial contracts or revenue; defense procurement cycles and government budget priorities; geopolitical conditions affecting operations, customers, suppliers, and deployments in Ukraine and other regions; export control, sanctions, defense trade, procurement, and other regulatory requirements; competition in the defense technology and autonomous systems markets; the Company’s ability to develop, validate, scale, and integrate its software across third-party unmanned platforms; risks associated with artificial intelligence, machine learning, data availability, data quality, cybersecurity, and operational performance in real-world environments; reliance on key personnel and technical talent; supply chain and manufacturing constraints affecting the Company’s customers or partners; and the other risks described in the Company’s filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date of this release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law. Additional risks and uncertainties are described in Swarmer’s filings with the Securities and Exchange Commission, including under the caption “Risk Factors” in Swarmer’s most recent registration statement, most recent Quarterly Report on Form 10-Q and other filings filed with or furnished to the SEC.
Swarmer ve 2. čtvrtletí zvýšil tržby na přibližně 216 tis. USD z 138 tis. USD, ale čistá ztráta se prohloubila na 7,2 mil. USD. Firma zároveň rozšířila program SkyKnight na potenciální hodnotu 14,2 mil. USD.
Swarmer NASDAQ: SWMR reported second-quarter 2026 revenue of approximately $216,000, up from $138,000 in the prior-year period, as the autonomous-systems software company completed its first full quarter as a public company. The company also reported a wider net loss as it increased spending on personnel, engineering, product development and public-company operating costs.
President and U.S. CEO Alex Fink said the company expanded its customer base, advanced deployments across unmanned platforms and continued investing in technology and partnerships during the quarter. Swarmer develops software intended to enable a single operator to coordinate large numbers of autonomous systems across air, land and maritime applications.
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Fink said Swarmer's technology has supported more than 100,000 combat missions in Ukraine since April 2024. He characterized the operational data generated through those missions as a differentiator that helps the company refine its artificial intelligence and autonomy capabilities.
SkyKnight Program and Revenue Accounting
A central focus of the call was Swarmer's expanded SkyKnight program. During the quarter, the customer added approximately $1 million in contracted license value, bringing the combined contract's potential value to approximately $14.2 million if all options are exercised. The program currently represents approximately $3.9 million of contracted license value, according to management.
Swarmer received $1.4 million under the SkyKnight program during the quarter after delivering software licenses. However, CFO Brooks Ensign said the accounting treatment limited the amount recognized in reported revenue. Approximately $200,000 was recognized as revenue, $100,000 was recorded as deferred revenue, and the remainder was recorded as an advance on the balance sheet.
Fink said the contract expansion was outside the scope of the original agreement. He explained that SkyKnight, also called Meta, increased its projected quantity of fixed-wing drones and acquired additional autonomy licenses. The customer retains an option to upgrade certain drones equipped with Swarmer's operating system to the company's full autonomy platform.
Ensign said the SkyKnight program also included a separate, one-time contractual prepayment of approximately $2.2 million that contributed to the company's cash usage during the quarter.
Costs, Loss and Liquidity
Gross profit totaled approximately $184,000 in the second quarter, compared with $82,000 a year earlier. In response to an analyst's question, Ensign said cost of goods sold currently consists of web-based data services. He said engineering services could be included in future revenue arrangements and that the company was still evaluating its methodology, but estimated gross margins could be around 80%.
Operating expenses rose to approximately $7.5 million from approximately $855,000 in the second quarter of 2025. Ensign attributed the increase primarily to investments in personnel, engineering and product development, as well as higher consulting, legal and professional-service expenses related to being a public company.
The quarter's operating expenses included one-time equipment purchases that Ensign said are unlikely to recur in most quarters, along with $1.2 million in non-cash stock compensation expense. Net loss widened to approximately $7.2 million, compared with a loss of approximately $1.6 million in the prior-year quarter.
Cash and cash equivalents stood at approximately $25.3 million as of June 30, compared with $9.3 million at the end of 2025. Swarmer raised approximately $8.8 million through its equity line of credit during the quarter and collected an additional $17.9 million subsequent to quarter-end through Aug. 10. Fink said the company had raised more than $26 million through the facility since it was announced.
Partnerships and Platform Integrations
Management highlighted several partnerships intended to expand Swarmer's software reach and data access. Fink said the company's relationship with Oak Grove Technologies has resulted in Swarmer software being integrated on a U.S. platform. He also said Oak Grove's training presence in the special operations community could help increase operator awareness of Swarmer's autonomy capabilities.
Swarmer is working with Lantronix on a compute platform for small unmanned systems. Fink said the company sees an opportunity between lower-end Raspberry Pi systems and higher-end NVIDIA Jetson products, with Swarmer's operating system intended to be built into the proposed platform.
The company also cited its cooperation with Molfar for access to open-source intelligence data and its relationship with Brightline for operational data from unmanned platforms. Fink said the company believes additional data sources can support a “data flywheel” in which deployment data helps improve models and drives further deployments.
Integration Timelines and Strategic Opportunities
During the question-and-answer session, Fink said work had begun and was continuing under Swarmer's memorandum of understanding with Powers to integrate its software into several of that company's platforms. He did not provide a timeline for converting the memorandum into a commercial contract, stating that an announcement would be made if and when the platforms are ready to scale and have buyers.
Integration timelines can range from two to four weeks, including field testing, for platforms similar to systems Swarmer has previously deployed, Fink said. More unusual platforms can take several months. He added that revenue may be delayed even after a technical integration is completed because customers must sell the final product to end users, which are typically government entities.
Fink also said Swarmer is evaluating opportunities to invest in, acquire or help scale complementary defense technologies, though he did not announce any potential transactions. Management said it remains focused on expanding adoption, deepening manufacturer integrations and supporting programs as they progress toward scaled deployment.
About Swarmer (NASDAQ:SWMR)We are launching the future of autonomous warfare through combat-proven software that enables military forces to deploy and coordinate drone swarms at significant scale. While hardware manufacturers compete and as the go-to in an increasingly commoditized market, we seek to establish ourself as a critical software layer operating system for autonomous swarm operations positioning us to capture increased value as the global military drone market experiences growth projected to exceed 12% compound annual growth through 2030.
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Swarmer oznámil strategické partnerství s Oak Grove Technologies, které spojí jeho autonomní software s platformou Chimera pro potřeby amerických speciálních sil. Integrace byla otestována při přibližně 100 testovacích letech ve východní Evropě.
Swarmer’s battle-tested software has been integrated aboard Oak Grove’s Chimera UAVs and tested extensively during recent test flights in Eastern Europe August 03, 2026 08:00 ET | Source: Swarmer
AUSTIN, Texas, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc (Nasdaq: SWMR) ("Swarmer" or the "Company"), a drone autonomy software company whose technology has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced a strategic partnership with Oak Grove Technologies (OGT) to combine Swarmer’s advanced autonomous software with OGT’s proven unmanned aerial systems to deliver next-generation capabilities for U.S. defense, training and national security missions.
As part of this collaboration, OGT became the first U.S.-based company to integrate Swarmer's autonomous software into its Chimera unmanned aircraft platform. Integration, testing and operational fielding were completed in late 2025 in Eastern Europe across a wide range of weather conditions and mission profiles. Approximately 100 test flights validated Swarmer’s autonomous capabilities designed to support elite U.S. Special Operations Forces across all military branches.
"Partnering with Swarmer is an important step for OGT and the customers we serve," said Mark Gross, Chief Executive Officer of OGT. "Integrating Swarmer’s technology into our Chimera platform and putting it through its paces alongside elite SOF operators has given us valuable real-world insight. Just as importantly, it creates new opportunities to train warfighters with the autonomous capabilities that are urgently needed in current and future operations."
The partnership builds on OGT's expertise in ultra-realistic training environments and operational support, extending beyond technology integration to provide warfighters with opportunities to train on autonomous systems under realistic mission conditions. By combining the Chimera platform with Swarmer's advanced autonomy, OGT is expanding its ability to support force modernization through hands-on training, experimentation and operational evaluation that prepares SOF units for the evolving battlefield.
"Swarmer’s technology has been deployed in more than 100,000 missions under the most arduous conditions – actual combat operations,” said Alex Fink, President and U.S. Chief Executive Officer of Swarmer. “The volume of data collected from these real-world missions in Ukraine has given us a compounding advantage that simply can’t be replicated in labs or test ranges. Working with OGT has enabled us to further validate our battle-tested software on their proven U.S. platform, ensuring SOF operators have access to intelligent autonomous capabilities that are ready to be deployed swiftly when it’s needed the most."
Following the initial integration and validation effort, the integrated Chimera systems remained overseas to support continued testing, operator evaluation and training. In early 2026, the test units were returned to OGT's headquarters in the U.S., enabling both companies to incorporate valuable operational feedback to support future mission and training requirements.
OGT and Swarmer are committed to accelerating innovation in autonomous systems by delivering scalable, mission-ready solutions that enhance operational readiness, advance realistic training and strengthen mission effectiveness for the U.S. Department of War, U.S. Department of Homeland Security, our allied partners and the broader defense community.
About Oak Grove Technologies
Oak Grove Technologies (OGT) is a veteran-owned defense contractor providing mission support, advanced training, emerging technology integration, and unmanned systems solutions to the U.S. Department of Defense, federal agencies, and allied partners. Through innovation and operational excellence, OGT delivers capabilities that improve readiness and mission success. Headquartered in Raleigh, North Carolina, OGT also owns and operates a state-of-the-art Test & Training Center in Hoffman, North Carolina, providing a realistic environment for advanced training, technology experimentation, and operational testing that prepares warfighters for today's complex mission environments. www.oakgrovetech.com
About Swarmer
Swarmer™ (Nasdaq: SWMR) is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia. For more information, visit www.getswarmer.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements that are not historical facts, including statements concerning the expected value, timing, scope, performance and benefits of Swarmer’s contract with Oak Grove Technologies (OGT); the potential exercise of contract options or software upgrades; the integration, testing, validation and deployment of Swarmer’s software with Chimera or other third-party unmanned systems; the expected performance of Swarmer’s software in operational environments; the use of telemetry, sensor data and operational feedback to improve Swarmer’s software and models; Swarmer’s product roadmap, commercialization plans, customer adoption, market opportunity, growth strategy and defense technology strategy; and any other statements using words such as “anticipate,” “believe,” “can,” “could,” “designed,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would” or similar expressions.
These forward-looking statements are based on current expectations, estimates, assumptions and beliefs and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. These risks and uncertainties include, among others: the risk that contract options, upgrades or additional license allocations may not be exercised, funded or performed; the risk that expected contract value, revenue recognition, timing of delivery or customer acceptance may differ from current expectations; risks associated with integrating Swarmer software with third-party hardware, software, sensors, communications systems and unmanned platforms; technical, operational, cybersecurity, safety, testing, validation and field-performance risks; risks associated with the use of artificial intelligence, autonomy software, operational data, telemetry and sensor data; risks related to government, defense and international procurement processes; risks related to operating in or supporting customers in active conflict zones, including Ukraine; geopolitical, sanctions, export-control, defense-trade-control and other regulatory risks; risks related to working through foreign subsidiaries and international partners; reliance on partners, suppliers, customers and government stakeholders; competition in the defense technology sector; and the risk that the collaboration may not produce the anticipated operational, commercial, technical or strategic benefits.
Forward-looking statements speak only as of the date of this press release. Swarmer undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Additional risks and uncertainties are described in Swarmer’s filings with the Securities and Exchange Commission, including under the caption “Risk Factors” in Swarmer’s registration statement and other filings filed with or furnished to the SEC.
Lantronix a Swarmer vyvíjejí vlastní výpočetní platformu pro malé drony Group 1, která má proti současným systémům nabídnout zhruba čtyřnásobný výkon. Cílí na autonomii a AI pro obranné mise.
Lantronix to develop a custom solution based on Lantronix’s Open-Q™ 6490CS SOM to support Swarmer’s AI software on small drones for defense missions, boosting onboard computing power by more than 400% compared to current platforms July 30, 2026 08:30 ET | Source: Lantronix, Inc.
IRVINE, Calif., July 30, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (Nasdaq: LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure, and resilient enterprise networks, today announced a collaboration with Swarmer, Inc (Nasdaq: SWMR), a drone autonomy software company whose technology has supported more than 100,000 real-world combat missions in Ukraine since April 2024, to create a custom compute platform optimized for Group 1 UAS. Both companies are focused on accelerating deployment of FPV and other small, low-cost drones for Ukraine, U.S. and allied defense programs.
“Autonomy software only proves itself once it’s deployed on hardware that’s actually flying,” said Saleel Awsare, president and CEO of Lantronix. “A production-ready NDAA-compliant Lantronix compute platform with Swarmer’s combat-proven software provides operators with roughly four times the processing power to optimize its visual navigation, automated target recognition, pixel lock and advanced teaming algorithms.”
The integration of Lantronix's Open-Q™ 6490CS System-on-Module is designed to provide Group 1 UAS with the identical connectivity options along with a significant increase in onboard computing capability, enabling more advanced artificial intelligence, computer vision and autonomous mission execution at the tactical edge. The additional processing capacity will support more sophisticated swarming behaviors, sensor fusion and real-time decision-making while providing a production-ready platform designed for long-term deployment.
For military operators, this will result in the ability to field increasingly autonomous, software-defined Group 1 UAS that can adapt to evolving mission requirements through software updates rather than hardware replacement, extending operational capability while reducing lifecycle complexity.
“With more than seven million drones projected to be manufactured this year alone, we believe that every one of them could potentially run our AI and collaborative autonomy software,” said Alex Fink, president and U.S. CEO of Swarmer. “Our collaboration with Lantronix will produce a compute platform that is capable of running AI models on the edge in a small form factor that is optimized for Group 1 UAS. We believe this will become the new industry standard compute solution for small unmanned systems, and every unit will arrive pre-populated with Swarmer OS and Swarmer’s cutting-edge autonomy.”
Founded in Austin, Texas, in May 2023, Swarmer deployed its autonomy software in combat operations in Ukraine in April 2024 and has since flown missions with nearly 50 Ukrainian military units in active electronic warfare and GNSS-denied environments. Swarmer’s software is designed to run across any type of drone — from fixed-wing and rotary-wing aircraft to ground vehicles and sea vessels. The Swarmer solution based on Lantronix Open-Q™ 6490CS SOM will support all of these platforms, allowing a single operator to plan, monitor and execute missions involving hundreds of drones from one hardware base.
How Lantronix Technology Benefits Swarmer
The Open-Q™ 6490CS SOM enables Swarmer to deploy its autonomy software on a production-ready compute platform that improves performance, reduces cost and operational inefficiencies, optimizes SWaP and accelerates deployment across multiple unmanned platforms. On-device AI processing is built for GPS-denied and contested environments, where cloud-dependent compute isn’t reliable.
Sustained production support and NDAA compliance also eliminates supply chain uncertainty, enabling Swarmer to scale deployments across U.S. and allied government customers without hardware availability concerns.
Key Investor Takeaways
Expanded platform opportunity: Broadens Lantronix's role within autonomous defense systems by improving AI compute for multi-platform autonomy software across air, ground and maritime unmanned systems.
Replaces Soon-to-be Obsolete Technology: Current onboard compute systems are becoming increasingly expensive and unable to match pace with the speed of AI. This customized platform is designed to provide roughly four times the processing power to optimize visual navigation, automated target recognition, pixel lock and advanced teaming algorithms.
Long-term program support: NDAA compliance and a 10-year-plus production commitment position Lantronix for recurring, long-term revenue as Swarmer secures extended defense contracts, de-risking platform adoption in the defense autonomy market.
Validated, scaling partner: Swarmer (Nasdaq: SWMR) is a publicly traded, combat-proven operator with more than 100,000 missions flown across nearly 50 military units, reducing execution risk on the demand side of the partnership.
About Swarmer
Swarmer™ (Nasdaq: SWMR) is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia. For more information, visit www.getswarmer.com.
About Lantronix
Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions, delivering intelligent computing, secure connectivity and remote management for mission-critical applications. Serving high-growth markets, including smart cities, enterprise IT and commercial and defense unmanned systems, including drones, Lantronix enables customers to optimize operations and accelerate digital transformation. Its comprehensive portfolio of hardware, software and services powers applications from secure video surveillance and intelligent utility infrastructure to resilient out-of-band network management. By bringing intelligence to the network edge, Lantronix helps organizations achieve efficiency, security and a competitive edge in today’s AI-driven world. For more information, visit the Lantronix website.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements concerning a potential collaboration between Lantronix and Swarmer and Lantronix’s positioning to capitalize on opportunities for long-term growth in the drone and defense technology markets. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to changes in U.S. or foreign government trade policies, including recently increased or future tariffs, a pandemic or other outbreaks, wars and recent conflicts in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws and regulations; the risk that no definitive agreement between Lantronix and Swarmer is reached; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2025, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 29, 2025, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.
Swarmer uzavřel s Brightline Interactive memorandum o porozumění ohledně společného vývoje, integrace technologií a sdílených obranných příležitostí v USA. Cílem je propojit rojovou autonomii Swarmeru s interoperabilní platformou SpatialCore.
Agreement combines Swarmer's combat-proven swarm autonomy software with Brightline's SpatialCore interoperability platform for joint development, technology integration and shared U.S. defense opportunities July 27, 2026 08:00 ET | Source: Swarmer
AUSTIN, Texas, July 27, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc (Nasdaq: SWMR) ("Swarmer" or the "Company"), a drone autonomy software company whose technology has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced it has signed a memorandum of understanding with Brightline Interactive, a subsidiary of The Glimpse Group. Brightline is a physical AI and spatial computing company that produces SpatialCore, an open standards-based interoperability and operational context platform that enables autonomous systems, AI agents, sensors and digital twins to operate from a shared understanding of the physical world. The agreement covers joint research and development, integration of the two companies' technologies and the pursuit of shared business opportunities through Brightline’s existing relationships and contracting vehicles with the Department of War.
Under the agreement, Swarmer will contribute its autonomy and swarm coordination software, along with years of battle-tested expertise in swarm behavior. Brightline will integrate Swarmer's technology with SpatialCore to expand access to diverse real-world operational data for AI model training and accelerate model development. Brightline also will provide SpatialCore's data and communications interoperability layer, support integration of Swarmer's autonomy software across its ecosystem of connected platforms and programs and leverage its established U.S. defense contracting pathways and customer relationships.
“At Swarmer, we believe that the future of warfare will rely on artificial intelligence and the process of training AI models relies heavily on data,” said Alex Fink, President and US CEO of Swarmer. “Combining SpatialCore with Swarmer’s platform could provide access to operational data from virtually any drone, including manufacturers not yet integrated with us. Beyond our own missions, this could unlock data captured during tens of millions of missions flown industry-wide on other platforms that SpatialCore can address, to improve our AI models and iterate faster than ever before.”
With more than seven million drones projected to be manufactured worldwide this year, the defining challenge is enabling large numbers of drones to work together autonomously. Artificial intelligence requires large volumes of high-quality operational data to continuously train and improve models. Together, the companies intend to address complementary aspects of that challenge by combining interoperability with autonomous swarm coordination.
“Millions of drones are projected to be manufactured every year, and we believe no single company will solve autonomy in isolation,” said Tyler Gates, President and Chief Executive Officer of Brightline Interactive. “Scale only matters if these systems can work together seamlessly, which is the gap SpatialCore closes. Integrating Swarmer's combat-proven coordination with SpatialCore's interoperability layer will allow us to give our customers an extended shared operational picture across a much broader set of platforms. This expands both the volume and quality of real-world operational data available to train and improve AI models which will allow us to pursue joint market opportunities together.”
About Brightline Interactive
Brightline Interactive, a subsidiary of The Glimpse Group (Nasdaq: GGRP), builds SpatialCore, an open standards-based interoperability and operational context platform that enables autonomous systems, AI agents, sensors and digital twins to operate from a shared understanding of the physical world. SpatialCore is built on open data standards backed by NVIDIA, Apple, and the major robotics and simulation platforms. Brightline holds Cooperative Research and Development Agreements with the DOW and is a prime contractor through an OTA with the United States Navy. Brightline is the operating subsidiary of the Glimpse Group (Nasdaq: GGRP). For more information, visit www.brightlineinteractive.com.
About Swarmer
Swarmer™ (Nasdaq: SWMR) is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia.
Cautionary Statement on Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995, including statements related to Swarmer’s, The Glimpse Group’s and Brightline Interactive’s strategy, market position, product development, partnership activities, and business expansion plans. The words “believe,” “aim,” “intend,” “could,” “will,” and similar expressions, or the negative of these words or other similar terms are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based upon the current plans and strategies of Swarmer, Inc., The Glimpse Group, Inc. and Brightline Interactive and reflect their current assessment of the risks and uncertainties related to their businesses as of the date of this press release. Each of Swarmer and The Glimpse Group assumes no obligation to update any forward-looking statements contained in this press release, except as required by law. Such statements are subject to known and unknown risks, uncertainties, and assumptions, and actual results could differ materially from those expressed or implied. Factors that may cause actual results to differ materially include, without limitation, market conditions, competitive developments, and the other risks detailed in Swarmer’s and The Glimpse Group’s respective periodic reports filed with the SEC, including their most recent Annual Reports on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
