Swarmer

7 articles

Featured

Swarmer Bid Up to $224 Million for Ratel. Its Last Quarter's Revenue Was $216,413.

Ukraine's 500-company drone industry has its first large consolidation, and the buyer is an autonomy software firm that needs hardware for its code to run on.

Sep 10, 2026 · 5 min read

USA

Erik Prince Is Selling Air Defense by Subscription. Swarmer Owns a Fifth of It.

Vectus packages layered defenses and autonomy software used in Ukraine into a managed service for governments and critical infrastructure operators.

Aug 21, 2026

USA

Lyntris's $1.78 Billion Debut Sets a Harder Defense-Tech Price

Lyntris priced below range, cut its IPO by seven million shares and fell 11.4% on debut. Public investors now want GAAP profit, lower leverage and core growth from defense tech, while private capital still entertains an Anduril valuation near $100 billion.

Aug 19, 2026

Europe

Japan's Army Is Testing Helsing's HX-2. An E-Commerce Group Got It in the Door.

Japan's Ground Self-Defense Force is field-testing a German loitering munition already flying in Ukraine, and Helsing reached the procurement system through a retail conglomerate rather than a defense prime.

Aug 17, 2026

Ukraine

Swarmer trades 100,000 combat missions for a seat in Pentagon AI contracting

Swarmer will pipe its combat-tested swarm software into Brightline's SpatialCore, trading Ukrainian telemetry for a wider training set and access to Department of War contracting lanes.

Jul 28, 2026

USA

Powerus Puts Ukraine's Combat-Proven Drone Swarming Into the Pentagon's Drone Race

The Pentagon wants FPV mass it has no pilots to fly. A Ukrainian software firm proven over 100,000 combat missions is now inside the $1.1 billion race, through a US partner.

Jul 2, 2026

Ukraine

Ukraine turned its drone war into an industry. Now Wall Street is pricing it.

Swarmer's Nasdaq debut, a wave of Western venture money and a Pentagon FPV contract show Ukrainian defense tech crossing from battlefield to balance sheet, at a valuation that has outrun the revenue.

Jun 8, 2026