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Partnership employs commercial use of drone autonomy software for large-scale ecosystem monitoring in endangered marine environments July 02, 2026 08:00 ET  | Source: Swarmer

AUSTIN, Texas, July 02, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc. (“Swarmer” or the “Company”) (NASDAQ: SWMR), 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 collaboration with Tekmara, a technology company building AI-enabled infrastructure systems for ocean and offshore environments, and Florida International University (FIU) to evaluate the use of autonomous drone swarms for environmental monitoring projects and coastal restoration.

The collaboration will evaluate how autonomous drone systems can support large-scale monitoring, environmental sensing and restoration of mangrove and oyster reef habitats while improving the efficiency, consistency and scalability of environmental data collection across coastal and marine environments.

“Reconstruction is a multibillion-dollar market,” said Erik Prince, Swarmer board chairman. “Governments and non-government organizations are generously funding new programs that can restore mangroves, oyster reefs, forests and living shorelines as part of their recovery and reconstruction efforts. The same tools we use to deliver kinetic energy to the enemy may also be useful to repair both man-made and natural disasters.”

Globally, oyster reefs are among the most imperiled marine ecosystems. Eighty-five percent of the world’s oyster reefs have been lost due to overharvesting, destructive fishing, pollution and coastal development. Today, coastlines are facing increasing erosion and habitat degradation from extreme weather events and the rise of sea levels from global warming. Oyster reefs and mangrove forests act as living barriers, reduce wave energy, buffer storm surge and prevent shoreline erosion. Replenishing oyster reefs will help to protect millions of lives and save billions of dollars in property damage from coastal disasters every year.

The research project will leverage Aquarius Reef Base, the world's only continuously operating underwater research habitat, operated by FIU. Aquarius provides a unique real-world environment for testing autonomous systems, remote operations and persistent environmental monitoring technologies.

The initiative will also explore how autonomous systems operating across air, surface and underwater domains can be coordinated to support environmental restoration and monitoring missions. Researchers and operators will evaluate the potential for integrated autonomous operations in complex marine environments where traditional approaches can be costly, labor-intensive and difficult to scale.

“We are focused on building an operational infrastructure that enables persistent environmental awareness and scalable coastal resilience,” said Todd Kleperis, co-founder of Tekmara. “This initiative is an opportunity to explore how autonomous systems can enhance monitoring, restoration and long-term environmental operations in challenging marine environments.”

For more than 30 years, Aquarius Reef Base has served as a research and testing platform for organizations including NASA, NOAA and the U.S. Navy. Its unique offshore location and operational infrastructure provide an opportunity to evaluate emerging autonomous technologies in real-world conditions while supporting scientific research, environmental stewardship and maritime innovation.

“Swarmer was built from the beginning as a dual-purpose autonomy platform,” said Alex Fink, President and U.S. CEO of Swarmer. “The same software that enables operators to coordinate large numbers of drones in unforgiving combat environments can also support important commercial and public-sector missions like environmental restoration, wildfire detection, disaster relief, search and rescue, and law enforcement operations. This collaboration demonstrates how Swarmer’s advanced autonomy can help solve real-world challenges well beyond defense applications.”

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.

About Tekmara

Tekmara is a technology company building AI-enabled infrastructure systems for ocean, offshore, and remote operational environments. They operate at the convergence of ocean infrastructure, AI and decision systems, edge computing, autonomous operations, and environmental intelligence — bringing together capabilities that have historically existed in separate domains. Tekmara enables resilient, intelligent operations in the world's most demanding environments by delivering infrastructure systems that sense, analyze, and act with minimal human intervention and without dependence on centralized connectivity.

About Florida International University

Florida International University is a top 50 public research university and one of the largest universities in the United States. Based in Miami, FIU is recognized for excellence in environmental resilience, marine and coastal science, engineering, technology development and applied research. Through its Medina Aquarius Program, FIU operates Aquarius Reef Base, the world's only continuously operating underwater research habitat, located within the Florida Keys National Marine Sanctuary. FIU and Tekmara have collaborated to advance the use of artificial intelligence, autonomous systems and real-time environmental monitoring technologies to support ocean research, conservation and maritime innovation.

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 all statements other than statements of historical fact, including statements about Swarmer’s partnership with Tekmara and Florida International University (FIU); the expected benefits of the collaboration; the potential integration Swarmer’s AI models and autonomous systems with hardware provided by Tekmara or FIU; anticipated improvements in marine ecosystems; potential customer adoption; future product development; and the expected performance, capabilities, or commercial availability of any autonomy integration involving Swarmer software with maritime monitoring, restoration and long-term environmental operations.

These forward-looking statements are based on current expectations, assumptions, and beliefs 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 risk that the memorandum of understanding does not result in a definitive commercial agreement or successful product integration; the availability, quality, legal usability, and continued access to third-party data; the ability of Swarmer’s AI models to use such data effectively; technical, operational, cybersecurity, and data-security risks; risks related to the development, testing, deployment, and customer acceptance of autonomous and unmanned systems; risks related to government procurement processes, defense-sector sales cycles, budget availability, and contract award timing; regulatory, export-control, sanctions, and national-security restrictions; risks related to operations, data collection, and counterparties in or connected to active conflict zones; reputational and ethical considerations related to military applications of AI and autonomy; dependence on third-party partners, suppliers, and customers; competitive developments; and the other risks described in Swarmer’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

Forward-looking statements speak only as of the date of this press release. Swarmer undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Contacts:

Investor Relations (Swarmer): [email protected]

Media Relations (Swarmer): [email protected]

Media Relations (Tekmara): [email protected]

Media Relations (FIU): [email protected]

Partnership connects combat-proven drone autonomy software with verified intelligence data sets to improve AI decision-making June 15, 2026 08:00 ET  | Source: Swarmer

KYIV, Ukraine, June 15, 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 a strategic data partnership with Molfar Intelligence, a Ukrainian private intelligence company specializing in open-source intelligence (OSINT) and verified data production.

As partners, Molfar Intelligence will provide Swarmer with structured OSINT datasets, including geolocated imagery, video and satellite-derived observations of adversary military equipment and battlefield activity, collected and cross-referenced through Molfar’s proven open-source intelligence methodology. The datasets incorporate multi-source verification, temporal and geospatial correlation, equipment identification and attribution analysis derived from publicly available sources, including drone footage, social media, satellite imagery and other battlefield reporting. Swarmer plans to use the verified data to train and refine its AI models, improving object recognition accuracy, situational awareness and decision-making reliability across its autonomous systems operating in contested environments.

The partnership addresses a gap that both companies have identified through operational experience. Autonomous systems make decisions based on data; however, if that data is unverified or manipulated, autonomy could become a liability. By integrating Molfar’s verified intelligence into Swarmer’s AI pipeline, the two companies are building a direct link between intelligence production and autonomous execution which has been tested in real combat conditions, not simulated environments.

“This important partnership with Molfar Intelligence gives Swarmer a verified, battlefield-sourced data pipeline that no synthetic dataset can replicate,” said Serhii Kupriienko, Global CEO of Swarmer. “We believe that the quality of our AI models will improve considerably with Molfar’s methodology and that this will help with speed and accuracy of decision-making.”

"Ukraine produces something no peacetime military can generate — intelligence that has been verified under real combat pressure, every day, for over four years,” said Artem Starosiek, CEO of Molfar Intelligence. “Partnering with Swarmer means this intelligence now directly improves one of the most battle-tested autonomy platforms operating today. For us, it is another confirmation that Molfar Intelligence methodology has become part of the defense technology chain.”

The collaboration also reflects a shared operational insight. As more NATO countries invest in autonomous and unmanned systems, the question of data quality upstream of autonomous decision-making remains largely unaddressed at the doctrine level. Ukraine’s combat experience has produced practical answers to this question. This partnership makes Ukraine’s combat experience available as an integrated capability to allied partners.

Both companies will jointly engage defense primes, government procurement agencies, and institutional partners, offering the intelligence-autonomy integration as a validated, field-tested capability.

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.

About Molfar Intelligence
Molfar Intelligence is a Ukrainian private intelligence company. The company’s core services include pre-transaction due diligence, sanctions screening and evasion tracking, corporate investigations into beneficial ownership and shell company structures, supply chain intelligence, and background checks for corporate and government clients. Molfar Intelligence works across defence, private equity, regulated industries, and government in Europe, the Middle East, and North America. The company’s defence intelligence practice draws on continuous operational experience inside an active conflict zone – a capability no peer company in Europe or North America can replicate. Molfar's analytical work includes exposing unauthorised transfers of commercial satellite imagery to hostile actors, documenting state-sponsored deportation of civilians, tracing Western-manufactured components through sanctions-evasion networks into adversary weapons systems, and producing forensic evidence of war crimes. This work has been cited in International Criminal Court proceedings. Headquartered in Kyiv, Molfar Intelligence has a UK office in London.

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 all statements other than statements of historical fact, including statements about Swarmer’s memorandum of understanding with Molfar Intelligence; the expected benefits of the collaboration; the potential integration of Molfar Intelligence’s datasets into Swarmer’s AI models and autonomous systems; anticipated improvements in recognition accuracy, data quality, decision-making support, reliability, and operational performance; the parties’ plans to engage defense primes, government procurement agencies, and institutional partners; potential customer adoption; future product development; and the expected performance, capabilities, or commercial availability of any intelligence-autonomy integration.

These forward-looking statements are based on current expectations, assumptions, and beliefs 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 risk that the memorandum of understanding does not result in a definitive commercial agreement or successful product integration; the availability, quality, legal usability, and continued access to third-party data; the ability of Swarmer’s AI models to use such data effectively; technical, operational, cybersecurity, and data-security risks; risks related to the development, testing, deployment, and customer acceptance of autonomous and unmanned systems; risks related to government procurement processes, defense-sector sales cycles, budget availability, and contract award timing; regulatory, export-control, sanctions, and national-security restrictions; risks related to operations, data collection, and counterparties in or connected to active conflict zones; reputational and ethical considerations related to military applications of AI and autonomy; dependence on third-party partners, suppliers, and customers; competitive developments; and the other risks described in Swarmer’s filings with the Securities and Exchange Commission, including its most recent Registration Statement on Form S-1, most recent Quarterly Report on Form 10-Q and Current Reports on Form 8-K.

Forward-looking statements speak only as of the date of this press release. Swarmer undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Contacts
Investor Relations (Swarmer): [email protected]

Media Relations (Swarmer): [email protected]

Media Relations (Molfar Intelligence): [email protected]

Micron Technology (MU) delivered Q2 results and guidance that far exceeded Wall Street expectations, driven by AI-fueled memory demand. AI drone firm Swarmer (SWMR) jumps 1,000% in two days.

SWMR stock is moving. See the chart and price action here.  What Swarmer DoesSwarmer develops autonomy software that coordinates tactical drone swarms, allowing one operator to manage large numbers of unmanned systems for reconnaissance and strike missions. 

Its platform has already been deployed in combat, with tens of thousands of missions flown in Ukraine, giving the company a proprietary wartime dataset to refine its AI models.

IPO Fireworks And PullbackSwarmer priced its Tuesday IPO at $5 per share, raising about $15 million to fund hiring, product development and integration with drone manufacturers. 

Shares surged as much as 700% intraday on debut and closed up roughly 520% at $31, then extended gains above $50 before a sharp pullback left the stock still more than 300% above its offering price. 

Swarmer stock was down roughly 25% on Friday, but the cool‑off likely reflects profit‑taking after an unusually hot deal rather than a clear shift in the underlying defense AI narrative.

Like Palantir and Anduril, Swarmer is a software‑first defense contractor targeting data‑rich, mission‑critical workloads for Western allies. 

The real bull case is that AI-enabled swarming becomes a core layer of modern command‑and‑control, turning Swarmer's software into essential infrastructure for cheaper, scalable munitions—much like how Palantir's platforms are embedded into intelligence and battlefield decision systems.

Why Investors Are Betting BigGeopolitical tensions and the Pentagon's push for mass‑produced, low‑cost attack drones are driving renewed interest in AI defense names, and Swarmer sits directly in that slipstream. 

With U.S. defense spending still climbing and investors hungry for high‑growth, mission‑tested software stories, "the next Palantir or Anduril" narrative is doing real work here—Swarmer's IPO pop strongly suggests Wall Street thinks this might be it, at least for now.

What Could Go WrongAt this stage, however, Swarmer is a small, recently listed company with modest IPO proceeds and heavy reliance on a still‑evolving theater of war, which makes execution risk and contract concentration significant. 

For investors, the setup looks more like an early‑stage venture bet trading in public markets than a mature, data‑platform defense giant—high upside if swarm autonomy becomes standard, but with volatility to match.

SWMR Price Action: According to data from Benzinga Pro, Swarmer shares were down 25.73% at $39.02 on Friday, but remained 200% above the IPO price.

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Three IPOs priced this past week, joined by two SPACs, and one major issuer joined the pipeline. One IPO and one direct listing are currently scheduled in the week ahead, although some smaller issuers may join the calendar throughout the week. Street research is expected for one company in the week ahead, and three lock-up periods will be expiring.

Palantir Technologies has become one of the most valuable tech companies in the world due to its advanced data analytics and artificial intelligence (AI) capabilities, which have been in high demand. Its close relationship with governments around the world has led to terrific growth for the business.

One stock that's far smaller but might have plenty of upside for similar reasons is Swarmer (SWMR 6.39%), which recently went public. The company makes drone software that leverages AI, which can be crucial in warfare. Its shares have approximately tripled from the $12.50 they opened at on March 17, as retail investors appear to be extremely bullish about its long-term prospects.

Could the stock follow in the footsteps of Palantir and be the next hot AI stock to own?

Image source: Getty Images.

Why Swarmer's stock may continue to rally Swarmer is involved with drones, but rather than manufacturing them, it helps control them with software. It can help them work together as an efficient and coherent force. What makes Swarmer stand out is that its software is battle-tested, with the company claiming it has supported over 100,000 missions in Ukraine.

There is massive potential for Swarmer, which is why it could make for a compelling stock to own. While its sales declined in 2025 and totaled just $309,920, the company has a backlog totaling $16.3 million, which could flow through to its top line within the next couple of years. And there's another $16.8 million that it may be able to add on top of that, potentially turning this into a growth beast in the not-too-distant future.

Today's Change

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Has the stock gotten too hot to buy? Swarmer's software could be in high demand from government customers, potentially making it the newest hot tech stock in the space. It remains unprofitable (it incurred an $8.5 million loss last year) and still has a long way to go before proving it can be the next Palantir, but it certainly has plenty of room to grow. Currently, its market cap is around $470 million.

At this stage, however, the company still has a lot to prove, and there's plenty of risk that comes with the stock. Its incredible rally is exciting, but it could also make it vulnerable to a correction and sell-off if investor sentiment shifts. Plus, it's important to consider that there's plenty of competition in the space -- Swarmer may have a good track record, but whether it has a defendable competitive advantage is still a big question mark.

Ultimately, unless you have a high tolerance for risk and can stomach the inevitable volatility that may come with the stock, you may want to keep Swarmer on a watch list, rather than investing in it today.

AUSTIN, Texas, April 20, 2026 (GLOBE NEWSWIRE) -- AINewsWire Editorial Coverage: For decades, GPS has operated as the invisible infrastructure underpinning modern warfare, enabling everything from precision-guided munitions to autonomous drone navigation. That assumption of reliability is now disappearing in real time. Across active conflict zones, satellite navigation signals are being jammed, spoofed and degraded at scale, turning one of the most trusted systems in defense into one of its most vulnerable. The consequences are immediate and measurable: Drones lose positioning, missions fail mid-operation and entire systems become ineffective in contested environments. As electronic warfare capabilities advance, GPS is increasingly becoming the first system adversaries attempt to disable, forcing a rapid reassessment of how modern platforms operate without it. In response, defense organizations worldwide are accelerating the search for alternatives that can function independently of satellite signals.

Against this backdrop, SPARC AI Inc. (OTC: SPAIF) (profile) has developed a software-based solution designed specifically for this new operational reality. The company’s Overwatch platform enables drones to navigate and identify targets in GPS-denied environments, without requiring any hardware modifications. In a market dominated by complex, hardware-dependent systems, SPARC AI’s approach offers a scalable, rapidly deployable alternative built for the conditions defining modern conflict. The company joins other leaders, including Swarmer Inc. (NASDAQ: SWMR), Unusual Machines Inc. (NYSE American: UMAC), AgEagle Aerial Systems Inc. (NYSE American: UAVS) and ZenaTech Inc. (NASDAQ: ZENA), that are operating at the intersection of drones, AI and defense technology and focused on autonomous and military-grade unmanned systems.

The erosion of GPS reliability is not confined to isolated incidents; it is now a defining feature of modern warfare. Traditional approaches to GPS-denied navigation have largely relied on specialized hardware; SPARC AI addresses this challenge with a software-first model.The demand for GPS-independent navigation is not theoretical. Rather it is being driven by real-world conditions and reflected in market growth projections.The company is moving toward deployment in active conflict environments, including Ukraine, one of the most electronically contested battlefields in the world.One of the most significant differentiators for SPARC AI lies in its business model. Click here to view the custom infographic of the SPARC AI editorial.

GPS Denial Is Now Battlefield Reality

The erosion of GPS reliability is not confined to isolated incidents; it is now a defining feature of modern warfare. Electronic warfare systems are increasingly deployed as a first line of attack, targeting satellite navigation signals to disrupt operations before kinetic engagement even begins. A recent report detailed widespread GPS interference across the Middle East, where jamming has disrupted aircraft navigation and maritime traffic, highlighting how pervasive and disruptive these tactics have become.

Nowhere is this more evident than in Ukraine, where drone warfare has become central to battlefield strategy. According to IEEE Spectrum, Ukraine may be losing approximately 10,000 drones per month, with GPS jamming cited as a primary cause. This level of attrition underscores a critical vulnerability: Drones that rely solely on GPS are highly susceptible to disruption and often rendered ineffective in contested environments.

The strategic implications extend far beyond a single conflict. As noted by The National, GPS is increasingly viewed as the “first casualty” of modern conflict, reflecting how central electronic warfare has become in military planning. This shift is forcing defense organizations to reconsider foundational assumptions about navigation, targeting and operational resilience.

Procurement strategies are already adapting. Militaries are prioritizing systems that can operate independently of satellite signals, particularly for drones and autonomous platforms where reliability is mission critical. The requirement is no longer optional; it is becoming a baseline capability for deployment in contested environments.

In that context, the need for GPS-independent navigation is not just urgent, it is foundational. Solutions that can maintain positioning and targeting accuracy without relying on vulnerable external signals are rapidly moving from niche capabilities to core requirements. SPARC AI’s Overwatch platform is designed to meet that requirement directly, offering a software-based pathway to resilient navigation in the environments where it is needed most.

Software-First Navigation Without Hardware Limits

Traditional approaches to GPS-denied navigation have largely relied on specialized hardware, including custom sensors, inertial systems and proprietary platforms. While effective in certain contexts, these solutions can be expensive, difficult to integrate and slow to deploy at scale. This creates a significant barrier for military organizations that need rapid, flexible solutions across diverse fleets.

SPARC AI addresses this challenge with a software-first model. Its proprietary Overwatch system delivers GPS-denied navigation and precision target acquisition entirely through software, eliminating the need for hardware replacement. This means existing drones can be upgraded rather than replaced, dramatically reducing both cost and deployment timelines.

The platform is designed to be hardware agnostic, enabling installation across virtually any drone system. This is a critical advantage in defense environments, where fleets often consist of multiple platforms sourced from different manufacturers. By avoiding hardware lock-in, SPARC AI expands its addressable market while simplifying adoption for military operators. The company has already demonstrated this approach through the launch of its offline-capable tactical application. This capability allows drones to operate in fully disconnected environments, reinforcing the platform’s relevance in contested battlefields.

In an industry dominated by hardware constraints, SPARC AI’s software model represents a structural shift. It enables faster deployment, lower costs and broader scalability, all qualities that align directly with the urgent needs of modern defense operations.

A Rapidly Expanding Global Market Opportunity

The demand for GPS-independent navigation is not theoretical. Rather it is being driven by real-world conditions and reflected in market-growth projections. The broader drone market is expanding rapidly, with estimates indicating growth from $73 billion in 2024 to $163.6 billion by 2030. This expansion is fueled by both military and commercial adoption.

Within that broader ecosystem, the drone navigation systems segment is growing even faster. According to Technavio, the drone navigation market is projected to grow at a 31.7% CAGR, adding approximately $27 billion in value by 2030. This reflects the increasing importance of reliable navigation in autonomous systems. The military drone segment is expected to nearly double, reaching $98 billion by 2033, according to Grand View Research. As defense budgets prioritize autonomous capabilities, navigation resilience becomes a core requirement rather than an optional feature.

Additionally, the GPS-denied navigation market itself is estimated to grow at roughly 12% CAGR through 2035, driven by military modernization and contested battlespace requirements. This highlights a long-term structural shift rather than a short-term trend.

SPARC AI sits at the intersection of these converging growth vectors. Its platform directly addresses the capability gap driving demand, positioning the company to benefit from both the expansion of drone adoption and the increasing need for GPS-independent operation.

Battlefield Validation Drives Real Credibility

In defense technology, real-world performance carries far more weight than laboratory testing. Solutions must prove themselves in contested environments where conditions are unpredictable and adversaries actively attempt to disrupt operations. This is where SPARC AI’s approach gains a critical advantage.

The company is moving toward deployment in active conflict environments, including Ukraine, one of the most electronically contested battlefields in the world. Last month, the company announced the appointment of an on-ground referral agent operating within Ukraine to deepen the company's commercial engagement with Ukrainian defense stakeholders.

“The appointment reflects SPARC AI's commitment to accelerating the deployment of its Overwatch GPS-denied navigation and target acquisition platform in the world's most actively contested battlefield environment,” the announcement stated, noting the referral agent is based in-country and maintains established direct relationships with active Ukrainian defense personnel. This provides SPARC AI with a level of access and on-the-ground intelligence that cannot be replicated through remote engagement.

The scale of the challenge of disrupting operation reinforces the significance of this validation. With thousands of drones lost monthly due to electronic warfare, any solution that can maintain navigation and targeting capabilities under these conditions represents a meaningful advancement. Success in this environment demonstrates not just technical capability but operational reliability.

This level of validation is particularly important when engaging defense customers. Military procurement decisions are heavily influenced by proven performance in real-world scenarios, especially those involving active conflict. Demonstrating effectiveness under these conditions can significantly accelerate adoption.

Scalable Software Economics Drive Long-Term Value

One of the most significant differentiators for SPARC AI lies in its business model. Unlike traditional defense companies that rely on hardware manufacturing, the company operates as a software provider. This distinction has profound implications for scalability, margins and long-term growth.

Hardware-based defense solutions are constrained by production costs, supply chains and integration complexity. Each additional unit requires materials, manufacturing and logistics, limiting how quickly companies can scale. In contrast, software can be deployed across additional platforms with minimal incremental cost.

SPARC AI’s Overwatch platform benefits directly from this dynamic. Once developed, the software can be licensed and deployed across entire fleets without the need for physical production. This allows revenue to grow faster than costs, improving margins as adoption increases. The model also enables rapid global expansion. With an existing international software license, a growing referral network and partnerships such as an OEM trial in India, the company is building a commercial pathway that can scale quickly across multiple regions. Expansion into the U.S. defense market further amplifies this opportunity.

Perhaps most importantly, the platform creates a data-driven feedback loop. Each deployment generates operational data that can be used to improve the system’s performance. Over time, this creates a compounding advantage, one that becomes increasingly difficult for competitors to replicate.

In a world where drone adoption is accelerating and GPS reliability is declining, the combination of scalable software economics and mission-critical capability positions SPARC AI as a notable player in the next phase of defense technology evolution.

Drone Innovators Scale Across Defense Markets

Across global defense markets, a new generation of drone companies is rapidly advancing the integration of artificial intelligence, autonomy and military-grade unmanned systems. Recent developments highlight a shift toward scalable, software-driven platforms, domestic supply chain resilience and battlefield-proven capabilities, all of which are reshaping procurement priorities and investor focus.

Swarmer Inc. (NASDAQ: SWMR) has released the pricing and completion of its initial public offering. The announcement marks a significant milestone in the company’s growth trajectory. Swarmer priced its IPO at $5 per share, with its common stock beginning trading on the NASDAQ market under the ticker “SWMR.” This move positions the company to expand its AI-driven drone autonomy platform and scale operations. The company’s focus on software-based swarm coordination has already been validated in real-world environments.

Unusual Machines Inc. (NYSE American: UMAC) is accelerating motor factory output at its Orlando campus. According to the company, recent changes are expected to more than double daily production. The Company is currently producing approximately 15,000 motors per month and has added second and third shifts. Updates to equipment, staffing, and factory layout are expected to increase daily production from approximately 700 to 1,500 parts per day as additional capacity comes online.

AgEagle Aerial Systems Inc. (NYSE American: UAVS), operating under its EagleNXT brand, announced a strategic investment and joint venture aimed at expanding its presence in the counter-drone segment. The company disclosed a $10 million investment in Israel-based ThirdEye Systems and the formation of a U.S.-based joint venture to develop and produce counter-drone solutions.

ZenaTech Inc. (NASDAQ: ZENA) is advancing its defense-focused strategy through both acquisitions and direct engagement with military stakeholders. The company announced that its ZenaDrone division will showcase AI-powered defense drones at major industry events, targeting relationships with military decision-makers and government agencies. In addition, ZenaTech is expanding its Drone-as-a-Service footprint through acquisitions, recently completing its 21st acquisition.

Taken together, these developments reflect a sector undergoing rapid transformation as autonomy, artificial intelligence and defense priorities converge. The latest updates illustrate how companies are scaling production, expanding capabilities and securing strategic partnerships to meet the demands of modern warfare and national security. As geopolitical tensions persist and unmanned systems become increasingly central to military operations, the companies operating at this intersection are not only responding to current needs but also shaping the future architecture of defense technology.

For more information, visit SPARC AI.

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Partnership brings jamming-resistant communications into Swarmer’s next-gen autonomy stack April 29, 2026 16:05 ET  | Source: Swarmer

KYIV, Ukraine, April 29, 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 subsidiary, Swarmer Estonia OÜ, has entered into a memorandum of understanding with HIMERA to establish a strategic partnership focused on integrating resilient communications into Swarmer’s next-generation autonomy stack.

HIMERA is a Ukraine-based provider of jam-resistant, frequency-hopping radios engineered for connectivity under severe jamming conditions. HIMERA’s radios have been trusted by units requiring high-assurance communications in contested environments. That operational experience now becomes a foundational element of Swarmer’s autonomy stack, giving system vendors a pre-validated communications backbone designed for multi-vehicle missions where reliability directly affects operational outcomes.

Together, the two companies are combining battlefield-proven communications expertise with advanced autonomy software to deliver a new class of integrated solutions for unmanned operations at scale. The agreement reflects a shared approach: building systems that are designed from the ground up in contested, real-world battlefields rather than sterile laboratory conditions. By uniting autonomy software and resilient communications into a single, integrated offering, the partnership lowers the barrier for vendors to deploy reliable multi-vehicle systems while accelerating the adoption of resilient autonomy across all domains.

“Resilient communications is the cornerstone of multi-vehicle autonomy,” said Serhii Kupriienko, Global CEO of Swarmer. “We want to provide software that can coordinate large numbers of unmanned systems, across all domains, in the most challenging conditions. Integrating HIMERA’s proven radios strengthens that vision and accelerates our ability to deliver this kind of interoperable, highly reliable autonomy to our allies around the world.”

“Swarmer and HIMERA are aligned in one core belief: technology must be resilient, flexible and built around the real conditions operators face every day,” said Misha Rudominski, Co-Founder & CEO of HIMERA. “Combining our resilient communication system with Swarmer’s drone autonomy stack gives vendors an integrated, field-ready solution that increases reliability and removes unnecessary integration overhead. This partnership is born from real operational needs — the ones we encounter every day on the ground.”

This collaboration positions Swarmer and HIMERA not just as technology suppliers, but as co-creators of next-generation operational infrastructure for unmanned systems. The companies will jointly engage vendors and integrators across aerial, ground and maritime systems, offering the integrated communications–autonomy solution as a ready-to-deploy option.

About Swarmer
Swarmer™ is a defense technology company that specializes in vendor-agnostic technologies that address critical operational challenges faced by modern military forces. Swarmer’s primary mission areas include autonomous swarm coordination, multi-domain unmanned systems integration, AI-powered collaborative autonomy, and command and control software for distributed operations. The company’s primary customer base consists of drone manufacturers who license Swarmer’s software for integration with their hardware platforms. 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. With headquarters in Austin, Texas, Swarmer has offices in the U.S, Ukraine, Poland and Estonia.

About HIMERA
HIMERA is a Ukrainian developer and manufacturer of resilient communication systems for the Defense Forces. HIMERA solutions are battlefield-ready and are used in the hottest defensive and offensive operations in Ukraine. HIMERA is a multidisciplinary team of experts who are constantly improving the product line to meet the requirements of modern warfare. HIMERA products are already present in all types of units of the Ukrainian Defense Forces and have been validated by the US Special Operations Forces and various Defense Forces across NATO.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of 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 in this release include, but are not limited to, statements regarding: the anticipated benefits of the strategic partnership between Swarmer Estonia OÜ and HIMERA; the expected integration of HIMERA's jam-resistant communications technology into Swarmer's autonomy stack; the ability of the combined solution to lower integration barriers for vendors and accelerate adoption of resilient autonomy; the companies' plans to jointly engage vendors and integrators across aerial, ground, and maritime domains; the expected deployment of an integrated communications-autonomy solution as a ready-to- deploy offering; and the Company's broader growth and product development strategy. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated.

Factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: the parties' ability to successfully execute on the memorandum of understanding and achieve the anticipated benefits of the partnership; challenges associated with integrating third-party communications technology into the Company's existing software platform; the ability to attract vendors and integrators for the combined solution; competition in the defense technology sector; the Company's reliance on government contracts and the associated procurement processes; geopolitical conditions affecting operations in Ukraine and other regions; risks related to operating through foreign subsidiaries; regulatory requirements applicable to defense technology exports and international partnerships; and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission.

The Company undertakes no obligation to update or revise any forward-looking statements, whether resulting from new information, future events, or otherwise, except as required by applicable law.

Investor Relations Contact: [email protected]

Media Relations Contact: [email protected] or [email protected]

May 04, 2026 08:00 ET  | Source: Swarmer

AUSTIN, Texas, May 04, 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, has announced plans to expand its advanced autonomy solutions in Japan with support from Rakuten Group, Inc.

Rakuten Group has provided consistent support to Ukraine throughout the war, demonstrating its commitment to the country’s people, economy and post-war reconstruction. As part of these ongoing efforts, Rakuten will now support the introduction of Swarmer’s technological offerings to the Japanese market. These activities will accelerate Swarmer’s entry into Japan’s advanced unmanned systems ecosystem.

“Japan is one of the world’s most sophisticated robotics environments and our long-term vision is to bring interoperable, high-assurance autonomy to partners who operate at that level,” said Serhii Kupriienko, Global CEO of Swarmer. “Rakuten’s reach, reputation and understanding of Japan’s technology priorities make them the ideal partner to scale advanced autonomy and multi-vehicle coordination across the region.”

Swarmer has successfully demonstrated an autonomous “seek and hit" operation using eight-inch attritable drones.

Rakuten has a significant presence in Ukraine, with Rakuten Viber boasting a 98% penetration rate. Additionally, Rakuten launched the Ukraine Humanitarian Crisis Emergency Relief Fund through its online donation platform, Rakuten Clutch Special Charity Fund, and held a t-shirt donation drive to support Ukraine that raised more than 1.3 billion yen. In January 2024, Rakuten announced the establishment of a new office in Kyiv.

The collaboration positions Swarmer to support research, security, infrastructure, and industry applications in Japan, building on the country’s leadership in robotics and advanced manufacturing.

About Swarmer

Swarmer™ is a defense technology company that specializes in vendor-agnostic technologies that address critical operational challenges faced by modern military forces. Swarmer’s primary mission areas include autonomous swarm coordination, multi-domain unmanned systems integration, AI-powered collaborative autonomy, and command and control software for distributed operations. The company’s primary customer base consists of drone manufacturers who license Swarmer’s software for integration with their hardware platforms. 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. With headquarters in Austin, Texas, Swarmer has offices in the U.S, Ukraine, Poland and Estonia.

About Rakuten Group

Rakuten Group, Inc. (TSE: 4755) is a global technology leader in services that empower individuals, communities, businesses and society. Founded in Tokyo in 1997 as an online marketplace, Rakuten has expanded to offer services in e-commerce, fintech, digital content and communications to 2 billion members around the world. The Rakuten Group has around 30,000 employees, and operations in 30 countries and regions. For more information visit https://global.rakuten.com/corp/.

Forward Looking Statements:

This press release contains forward-looking statements within the meaning of 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 in this release include, but are not limited to, statements regarding: the Company’s plans to expand its advanced autonomy solutions in Japan; the anticipated support from Rakuten Group, Inc. in introducing the Company’s technological offerings to the Japanese market; the expected benefits of the collaboration with Rakuten Group, Inc.; the Company’s anticipated entry into Japan’s unmanned systems ecosystem; the Company’s ability to support research, security, infrastructure, and industry applications in Japan; the anticipated scaling of the Company’s autonomy and multi-vehicle coordination technology across the region; and the Company’s broader international growth and product development strategy. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated.

Factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: the parties' ability to successfully execute on the collaboration and achieve the anticipated benefits of the relationship; the Company’s ability to enter and scale in the Japanese market; market acceptance of the Company’s autonomy, unmanned systems, and multi-vehicle coordination technologies; the Company’s ability to attract customers, vendors, integrators, and other partners in Japan and the broader region; competition in the defense technology, robotics, and unmanned systems sectors; the Company’s reliance on government contracts and the associated procurement processes; regulatory requirements applicable to defense technology, exports, sanctions, foreign investment, data security, and international partnerships; geopolitical conditions affecting operations in Ukraine and other regions; risks related to operating through foreign subsidiaries and conducting business in international markets; and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission.

The Company undertakes no obligation to update or revise any forward-looking statements, whether resulting from new information, future events, or otherwise, except as required by applicable law.

Investor Relations Contact: [email protected]

Media Relations Contact: [email protected]

Software license allocations to Kyiv-based Meta Bureau LLC could yield up to $13.2 million for Swarmer if all contract options are exercised May 13, 2026 07:58 ET  | Source: Swarmer

TALLINN, Estonia, May 13, 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 that Meta Bureau LLC awarded its subsidiary, Swarmer Estonia OÜ, a contract with an initial value of $2.86 million for more than 16,000 software licenses to be used aboard its SkyKnight quadcopter bombers and other unmanned aerial vehicles (UAVs). The contract also allows Meta Bureau to elect to upgrade certain licenses for an additional $10.4 million.

“Just like Meta Bureau, Swarmer’s technology is battle-proven and able to work together seamlessly to save lives and protect property,” said Serhii Kupriienko, Global CEO of Swarmer. “We are proud that we will be integrating our software with SkyKnight and other UAVs in Meta Bureau’s portfolio, and look forward to receiving additional real-world mission data to further enhance our models and refine the software’s performance.”

The contract includes two separate license allocations for the entire Swarmer Platform, which includes Swarmer’s Operating System (OS), Artificial Intelligence (AI) and User Interface (UI). It also includes one license allocation just for Swarmer OS, which can be upgraded to the full stack by adding Swarmer AI and Swarmer UI as an over-the-air update.

“SkyKnight has always been on the cutting-edge of AI on the battlefield,” said a Meta Bureau spokesperson. “We are very excited about integrating new and more advanced AI into our drones, and Swarmer's market-leading solution is the perfect fit. We look forward to scaling this and becoming the new market standard in smart, AI-enabled drones. The combination of SkyKnight with Swarmer will be a force-multiplier, a decisive advantage in our war against Russian invaders.”

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 that are not historical facts, including statements concerning the expected value, timing, scope, performance and benefits of Swarmer’s contract with Meta Bureau LLC; the potential exercise of contract options or software upgrades; the integration, testing, validation and deployment of Swarmer’s software with SkyKnight and 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.

Investor Relations Contact: [email protected]

Media Relations Contact: [email protected]

Swarmer NASDAQ: SWMR reported a sharp year-over-year decline in first-quarter revenue in its first earnings call as a public company, while management emphasized that the company is investing in platform development, partnerships and international expansion as it seeks to position its autonomy software for larger unmanned systems deployments.

President and U.S. CEO Alex Fink said the first quarter of 2026 was a “major milestone” for the company, marked by the completion of its initial public offering, additions to the leadership team and continued development of its software platform for autonomous and unmanned systems.

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Fink framed Swarmer’s opportunity around what he described as a shift in the global defense market toward artificial intelligence, autonomy and lower-cost unmanned platforms. He said the company is focused on the “intelligence layer” of unmanned systems rather than manufacturing drones, with software intended to coordinate large numbers of systems across different hardware platforms.

“As these systems proliferate by the millions, the limiting factor is no longer hardware,” Fink said. “It is the ability to coordinate, control, and scale those systems effectively.”

Revenue Falls as Company Cites Transition in Customer Base CFO Brooks Ensign said revenue for the first quarter of 2026 was $20,325, compared with $110,704 in the first quarter of 2025. The decline primarily reflected the wind-down of residual service-related deferred revenue associated with the company’s historically largest customer in Ukraine. Ensign said the company does not expect future revenue from that customer.

Gross loss for the quarter was $19,599, compared with gross profit of $65,162 a year earlier. Operating expenses rose to $4.5 million from $800,000 in the prior-year period, driven by consulting and professional services costs tied to becoming a public company, as well as increased spending on engineering and product development.

Net loss was $4.5 million, compared with a net loss of $0.7 million in the first quarter of 2025. Cash and cash equivalents totaled $23.5 million as of March 31, 2026, up from $9.3 million at Dec. 31, 2025. Ensign said the increase primarily reflected about $17.3 million in gross IPO proceeds and roughly $3.5 million in gross proceeds from the sale of Series A-1 convertible preferred stock.

Management cautioned that revenue may fluctuate between periods because Swarmer’s model is generally tied to customer deployment and software activation timelines. Ensign said software license revenue is typically recognized upon activation, while revenue tied to support and service obligations may be deferred and recognized over the applicable service period.

Fink said revenue can be a “trailing indicator” because of long procurement cycles in the defense sector. He said the company is monitoring indicators such as platform integrations, partner integrations, adoption within programs and movement from development toward production and deployment.

Swarmer Highlights Combat Use and Platform Strategy Fink said Swarmer’s platform has been used in more than 100,000 combat missions in Ukraine since April 2024 across nearly 50 military units. He said those missions generate telemetry, sensor data and operational feedback that the company uses to refine the platform.

During the question-and-answer session, Fink said early missions involved relatively simple operations such as multi-drone reconnaissance or mining operations, later progressing to bombing operations with multiple drones. He said Ukrainian deployments initially involved small groups of drones, starting with three and growing to roughly eight to 10 in some cases.

Fink said the missions have included varying levels of autonomy. In some earlier missions, the software controlled drones on the way to and from a target area while a pilot handled the moment of engagement. In later missions, he said operators could mark targets on a screen from reconnaissance drone feeds, with the system determining which attack drone should engage which target.

“That was not a decision for the operator to make,” Fink said, adding that the system evaluates which drone has the highest probability of hitting a target.

Meta Bureau Contract Includes Upgrade Potential Swarmer announced a $2.86 million contract with Meta Bureau, a Kyiv-based drone producer, during the quarter. Fink said the company’s technology will be used onboard SkyKnight quadcopter bombers and other UAVs. The agreement also includes optional upgrades that could add $10.4 million if fully executed.

In response to a question from Lucid Capital Markets analyst Alex Fuhrman, Fink said the customer selected Swarmer’s full autonomy stack for a portion of its drones and the company’s base operating system, Swarmer OS, for the rest of its production.

Fink said Swarmer OS includes features such as encryption, security, secure messaging between drones and video streaming to multiple viewers, but does not include autonomy. The customer can later upgrade drones using Swarmer OS to the full autonomy stack, including after deployment, he said.

The company also discussed its approach to pricing. Fink said Swarmer has chosen a per-unit licensing model because management expects drone unit volumes in the market to increase significantly. He said pricing depends on factors such as the integration effort required, the scalability of a device class and overall production volume.

Japan Expansion and Interceptor Development Fink said Swarmer is expanding beyond Eastern Europe, including a move into Japan with support from Rakuten Group, which agreed to serve as the company’s exclusive distributor in the market. He said the partnership is intended to introduce Swarmer’s autonomy platform into Japan’s unmanned systems ecosystem, with potential applications in defense, infrastructure and industrial markets.

The company also recently completed a demonstration of an autonomous “seek-and-hit” operation using attributable 8-inch drones, which Fink described as an early validation step for regional partners and customers.

Swarmer also announced that it is developing a deployable end-to-end drone interceptor kit in partnership with XDrone, NORDA Dynamics and Karadag Technologies. Fink said XDrone has delivered more than 70,000 drone systems to frontlines in Ukraine, NORDA’s software has been used on more than 60,000 drones and Karadag provides sensing technology for incoming threats.

Fink said Swarmer’s role is to integrate detection, guidance, coordination and execution capabilities into a unified autonomy layer. He estimated that integration for the interceptor effort could take roughly two to four months, while noting that the timeline could change depending on integration complexity and test results.

Investment Focus Remains on Engineering and Integrations Fink said the company’s near-term investment priorities include hiring more engineers, particularly for integration work across different hardware platforms. He said Swarmer’s goal is to move quickly to create tools that can be deployed and scaled for warfighters.

The company also highlighted the appointment of Mykhailo Nestor as chief product officer. Fink said Nestor previously helped scale digital product platforms at Kyivstar Group Ltd., part of VEON Ltd., and helped establish Kyivstar.Tech.

Asked by Northland Capital Markets analyst Michael Latimore about longer-term margins, Ensign said it was reasonable to think of gross margins above 70% as the company scales, while noting that the business includes service obligations and implementation work.

Fink closed the call by saying the company remains focused on expanding adoption, deepening integration with partners and supporting programs as they move into larger-scale fielding.

About Swarmer NASDAQ: SWMRWe 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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June 03, 2026 08:00 ET  | Source: Powerus

Companies to jointly evaluate Swarmer’s vendor-agnostic coordination platform across Powerus air and maritime autonomous systems for defense, counter-drone, and critical-infrastructure missions

Powerus and Swarmer have signed a Memorandum of Understanding (MOU) to explore integrating Swarmer’s coordination software with Powerus air and maritime autonomous systems.The collaboration targets defense, counter-UAS, border security, and critical-infrastructure missions.Powerus has previously announced a proposed merger with Aureus Greenway Holdings Inc. (Nasdaq: PUSA); the merger has not closed and remains subject to customary closing conditions, including effectiveness of a Form S-4 registration statement and regulatory approvals. WEST PALM BEACH, Fla. and AUSTIN, Texas, June 03, 2026 (GLOBE NEWSWIRE) -- Autonomous Power Corporation, doing business as “Powerus,” and Swarmer, Inc. (Nasdaq: SWMR) (“Swarmer”) today announced that the two companies have entered into a Memorandum of Understanding (the “MOU”) to explore the technical and operational feasibility of integrating Swarmer’s vendor-agnostic swarming and coordination software with Powerus’s unified autonomous systems architecture. The collaboration is exploratory and is intended to evaluate joint deployment concepts for defense, critical infrastructure protection, border security, and counter-drone missions.

Under the MOU, the companies intend to assess interoperability between Swarmer’s multi-vehicle coordination platform and Powerus air and maritime platforms, mission systems, and U.S.-based manufacturing and integration resources. The MOU establishes a framework for good-faith technical exchanges, integration testing, and demonstration planning, and does not commit either company to any production, procurement, or financial obligation.

About the proposed collaboration

Within the exploratory scope of the MOU, the companies may evaluate, by mutual agreement:

interoperability between Swarmer’s coordination platform and Powerus heavy-lift vertical takeoff and landing (VTOL) and tactical unmanned air systems developed through PowerAir, and unmanned surface and maritime systems developed through PowerSea;coordinated multi-drone operations, including swarming, deconfliction, and distributed mission execution across heterogeneous unmanned systems;candidate concepts of operation and demonstration scenarios for counter-UAS, interceptor coordination, and critical-infrastructure protection; andmanufacturing and integration feasibility, supported by Powerus’s U.S.-based production base and strategic supplier network. Any activity beyond this evaluation — including any commercial, development, licensing, or supply arrangement — would be addressed only in one or more separate definitive agreements, which the companies are under no obligation to enter into.

Powerus perspective

“I first met the Swarmer team during my time volunteering in Ukraine, the same experience that shaped the idea behind Powerus,” said Brett Velicovich, President of Powerus. “Their software has been proven in more than 100,000 combat missions in one of the most demanding operational environments in the world. Exploring how it could work with our U.S.-built air and maritime platforms is exactly the kind of capability our customers are asking about.”

Swarmer perspective

"We see a strong demand signal in the U.S. for combat-proven technology that has been deployed in Ukraine," said Alex Fink, President and U.S. CEO of Swarmer. "We look forward to partnering with Powerus to deliver reliable autonomous solutions across air, land, and sea. We have been highly impressed by the quality of Powerus' existing VTOL, first-person view (FPV), and unmanned surface vehicle (USV) platforms, and we are excited about the possibility of creating a suite of autonomous products that will allow the U.S. to dominate its adversaries across all domains."

About Powerus

Powerus (Autonomous Power Corporation) builds and scales unified autonomous systems designed to move, protect, and sustain critical assets in high-risk environments, with capabilities spanning heavy-lift platforms, autonomous air systems, autonomous maritime systems, mission systems, training and support, and U.S.-based manufacturing. Powerus operates through its subsidiaries, each a Powerus company. Powerus previously announced a proposed merger with Aureus Greenway Holdings Inc. (Nasdaq: PUSA); the merger has not closed and remains subject to the satisfaction of customary closing conditions, including the effectiveness of a registration statement on Form S-4 and applicable regulatory approvals. Learn more at power.us.

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 Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Memorandum of Understanding between Powerus and Swarmer; the anticipated scope, objectives, and potential benefits of the contemplated collaboration; the potential integration or interoperability of the companies’ respective technologies and platforms; the possibility that the companies may enter into one or more definitive agreements; the anticipated capabilities, applications, or markets for any resulting offering; and the proposed merger between Powerus and Aureus Greenway Holdings Inc. and its expected timing. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially.

Such risks and uncertainties include, without limitation: (i) the MOU establishes a framework for exploratory evaluation only, does not obligate either party to proceed with any transaction, and either party may decline to proceed at any time, for any reason or no reason, without liability; (ii) the risk that the parties do not enter into any definitive agreement and that no commercial relationship results from the MOU; (iii) the risk that integration of the parties’ technologies proves technically or operationally infeasible, or does not meet performance, security, or customer requirements; (iv) the risk that anticipated benefits, applications, or markets do not materialize on the expected timeline or at all; (v) the risk that the proposed merger between Powerus and Aureus Greenway Holdings Inc. is not completed on the expected timeline or at all, including the risk that the Form S-4 does not become effective or that required approvals are not obtained; (vi) competitive, regulatory, export-control, and government-procurement risks affecting the defense technology sector; and (vii) the other risks described in the filings of Aureus Greenway Holdings Inc. and Swarmer, Inc. with the U.S. Securities and Exchange Commission.

In connection with the proposed merger, Aureus Greenway Holdings Inc. has filed or will file relevant materials with the SEC, including a registration statement on Form S-4 containing a proxy statement/prospectus. Investors and security holders are urged to read those materials when available because they contain important information. Forward-looking statements speak only as of the date of this release, and except as required by law, neither company undertakes any obligation to update them. This release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

NO OFFER OR SOLICITATION
This document is for informational purposes only and is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

IMPORTANT INFORMATION AND WHERE TO FIND IT
In connection with the transaction, AGH will file a registration statement on Form S-4 with the SEC, which will include an information statement and preliminary prospectus of AGH. After the registration statement is declared effective, AGH will mail to its stockholders a definitive information statement. Additionally, AGH expects to file other relevant materials with the SEC in connection with the merger. Investors and security holders are urged to read the registration statement and joint information statement/prospectus when they become available (and any other documents filed with the SEC in connection with the transaction or incorporated by reference into the joint information statement/prospectus) because such documents will contain important information regarding the proposed transaction and related matters. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by AGH through the website maintained by the SEC at http://www.sec.gov or at AGH’s website at https://www.aureusgreenway.com/secfilings.

Media and Investor Contacts
Powerus — Media: Escalate PR contact / [email protected]
Powerus — Investor Relations: Jason Assad / 678-570-6791
Swarmer — Media: [email protected]
Swarmer — IR: [email protected]