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Swarmer (SWMR) shares soared another 42% on April 2 as President Donald Trump’s warning of hitting Iran “extremely hard” continued to energize defense tech stocks. SWMR developed autonomy software designed to coordinate tactical drone swarms, positioning itself as a software-first defense contractor rather than a hardware manufacturer.
Since its initial public offering (IPO) last month, Swarmer stock has seen a remarkable 13x rally.