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Mar 18, 2026 8:01 AM

Defense Tech Newcomer Swarmer Surges As Investors Chase AI Drone Boom

Swarmer, Inc. (NASDAQ:SWMR) shares are up during Wednesday’s premarket session following the announcement of its initial public offering (IPO) pricing on Tuesday.

The company began trading on the Nasdaq Capital Market on March 17, 2026, and has generated positive sentiment among investors.

Swarmer Prices IPO at $5, Targets $15M Raise

Swarmer has priced its IPO at $5.00 per share, with a total offering of 3,000,000 shares.

The company aims to raise approximately $15.0 million before deducting underwriting discounts and commissions.

Additionally, the underwriter has a 30-day option to ...