STEP 1:
I’m curious whether the impressive early trading of Swarmer on the public markets will make some other drone startups consider an IPO sooner than later. What do you think? [url=mailto:[email redacted]]Drop me a line.[/url]
STEP 2:
Elsewhere, the less-than-three-year-old Ukrainian AI drone startup Swarmer went public on the Nasdaq earlier this week — and investors apparently couldn’t get enough: it popped over 500% on its first day trading.
It’s a bit of a headscratcher: the startup only made about $300k in revenue in 2025 and has consistently burned through cash in the past two years. It prompted one VC [url=https://email.sifted.eu/e3t/Ctc/LZ+113/d2mfCN04/VXb8Fd3q6d2pW8TMWb080RwZzW178YCN5LTkD4N9h9bH67mmznW69tBBd6lZ3lVW2mBvcW6mHyDRW1-68307tPB_PW2rBqVn4ZkfQyW83g3G873FwtzW5lBblg5gd5P7W9k5ztf1W4xj5W16d-1_2N8NM6W6Q--NJ5Gx8YSW2MJK904lPB0YW5-V1W13g0gkVW8GZbp_8PbC47V2CqTz4b-dRlW1pjScC4p_0vzW62R-yK7lF6NsW719shr6t7JZJW5MbY3H8Xw8N0W76ThqW5tsg-MW1vmfWH1LDCvdMyKQyKMTlnfW4WfDwg80k1vcW9ghmnJ8FT12sW20150Z2lbP8sW2pM8YW75QqYYMxZx58rYsb6W5D5cfg6w0TfdW69ZdFn4cyRT2W2Yz5Fb4jVT3YW9f50PB4CnHlPW1FDXLY6hs37TN8w2rb9tNGt6W1MgtPD5YGKqYW1SZr9w4l63njMJ1qwp5-55DW4jNwGN2b7rTXW5c1Lv66_ndPtW4SpVmq68h3ZMW8Ky0vn6THVnSW41M0FN6grczsVRTZMy9cdCpPW31t9NR85CPNJW5Q8rq057z38HW671-FB2H6_mbW4yv5_m3_dpZjW5qtQ5c5b79-pW6tLlrW6GpX0HW996ZX08tkDc7W6WS46R25RgvBW8w6l894bynz1VqtkgY7pNkF7N1kcv1Hy-ByhW9m0d3v5Xf6MWW3-STjG72gYvtf8y7TGT04]to joke[/url]: “Nasdaq IPO is the new Series A”. For one, Ukrainian venture firm D3, which backed Swarmer, will certainly be pleased.
STEP 3:
[url=mailto:[email redacted]]Drop me a line.[/url]
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