Swarmer (SWMR)
Licenses autonomy software for integration into unmanned platforms.
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Licenses vendor-agnostic autonomy and command-and-control software to drone manufacturers for integration into unmanned hardware. Military and defense organizations are the end-users, while deployments in Ukraine inform the company's stated development narrative.
Builds vendor-agnostic autonomy software for unmanned platforms rather than manufacturing drones. Its business-to-business model licenses software to drone manufacturers, which integrate it into their hardware; military and defense organizations are the end-users.
The product work spans autonomous swarm coordination, multi-domain unmanned-system integration, AI-enabled collaborative autonomy, and command-and-control software. Headquarters are in Austin, with teams and operations in Ukraine, Poland, and Estonia; the company describes battlefield deployments in Ukraine as a feedback source for its development.
Revenue depends on drone manufacturers licensing and integrating the software, while the operating narrative remains closely tied to Ukrainian deployments.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $25.3M · Total debt $112.2K · Total assets $33.9M · Shareholders' equity $31.2M
- Revenue
- $216.4K
- Operating income
- −$7.3M
- Net income
- −$7.3M
No dividends on record.
| Institutions | 8.66% | 1.03M shares | |
|---|---|---|---|
| 74 holders · as of Jun 30, 2026 | |||
| Insiders | 86.90% | 10.36M shares | |
| 4 holders · as of Sep 17, 2026 | |||
| Strategic holders | 10.98% | 1.31M shares | |
| 1 holder · as of Aug 20, 2026 | |||
| Adds to | 106.54% | ||
11.92M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (11.92M in the company's Sep 23, 2026 report, 10.86M elsewhere); stakes use the report.
These groups come from separate filings that can overlap, so they add to 106.54%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Serhii Kupriienko1Insiderdirector, 10 percent owner | 65.47% | 3.81M | filed Aug 12, 2026 |
Alexander Fink2Insiderdirector, 10 percent owner, officer: See Remarks | 12.44% | 1.48M | filed Mar 23, 2026 |
RG.AI Technologies, Inc.Strategic10 percent owner | 10.98% | 1.31M | filed Aug 20, 2026 |
Philip Wagenheim3Insiderdirector | 6.87% | 819,487 | filed Sep 17, 2026 |
Justin Matthew ZeefeInsiderdirector | 2.12% | 252,443 | filed Sep 17, 2026 |
- Serhii Kupriienko's transaction reports restate only vehicles that traded; the 2026 ownership statement (3.81M) plus the 4.00M net shares acquired since is used instead.
- Alexander Fink's own ownership statement (13D, Mar 23, 2026) reports fewer shares than the transaction reports; the statement is used.
- Reported at 4.99% on Sep 17, 2026, under the 5% line, so no further filing is required.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 16, 2026 | Justin Matthew Zeefe | director | −23,885 | $24.12 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Swarmer | $22.82 | +0.76% | $245.9M | — | — | — | — |
| AeroVironment | $160.05 | +2.50% | $7.90B | — | 47.5 | 3.9 | +5.7% |
| Elbit Systems | $747.77 | +0.40% | $34.89B | 55.7 | — | 4.1 | +15.9% |
| Palladyne AI | $5.59 | −1.59% | $268.3M | — | — | 22.7 | +469.8% |
| Ondas | $7.80 | +0.97% | $4.40B | 116.6 | — | 25.3 | +1,235.4% |
| Kratos Defense & Security Solutions | $47.22 | +0.54% | $8.81B | 275.6 | 50.3 | 5.8 | +30.5% |
| Median | 116.6 | 48.9 | 5.8 | +30.5% |