SWMR

Swarmer, Inc (SWMR) M&A Call Transcript

Swarmer NASDAQ: SWMR outlined its proposed acquisition of Ukrainian unmanned ground vehicle manufacturer Ratel Robotics, saying the combination would expand its defense technology capabilities across aerial and ground-based systems.

AUSTIN, Texas--(BUSINESS WIRE)--Swarmer, Inc (“Swarmer”) (NASDAQ: SWMR), a drone autonomy platform company which has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced it will host a conference call on Thursday, October 29, 2026, at 8:30 a.m. ET to discuss its previously announced acquisition of Ratel Robotics (“Ratel”), a leading manufacturer of unmanned ground vehicles (“UGV”) in Ukraine. Alex Fink, President and U.S. CEO of Swarmer, and Taras.

Drone stocks have left many investors underwater. The REX Drone ETF NASDAQ: DRNZ is down approximately 23% this year.

Alex Fink, U.S. CEO and president of Swarmer (SWMR), discusses the company's new $224 million acquisition of Ratel Robotics. He says it will help the autonomous drone developer in ground vehicle operations.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Swarmer, Inc. (NasdaqCM: SWMR) and Ratel Robotics. According to the terms of the proposed agreement, the consideration for the transaction includes a mix of cash and stock worth up to $224 million if all earnout milestones are met. KSF is seeking to determine whether the merger and the process that led to it.

Swarmer's first major acquisition under board chairman Erik Prince expands company's platform with Ratel's entire catalogue of combat-proven UGVs Swarmer's first major acquisition under board chairman Erik Prince expands company's platform with Ratel's entire catalogue of combat-proven UGVs

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. 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.

Swarmer is a high-margin SaaS play targeting the autonomous drone market, with a unique software-only business model. Despite a recent earnings miss, SWMR maintains strong growth prospects, aiming for $40 million in revenue by 2028 and 80%+ gross margins. SWMR's flagship Trident OS has proven deployment in Ukraine, supporting recurring revenues and a $355 million near-term market opportunity.

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.