Ukrainian defense technology company Swarmer has filed for an initial public offering (IPO) on the Nasdaq stock exchange, Acting Minister of Digital Transformation Oleksandr Borniakov has announced.
Nasdaq specializes in trading high-tech company stocks and is the world’s second-largest exchange by market capitalization after the New York Stock Exchange.
“Ukrainian company Swarmer, part of the Brave1 defense innovation cluster, is publicly filing for an IPO. This is a step toward going public and attracting investment for further development,” says Borniakov.
Drone swarms and AI on the battlefield: How Swarmer is changing modern warfare
Swarmer develops drone swarm technologies that enable a single operator to control multiple autonomous UAVs using artificial intelligence.
This area is a key priority for Ukraine’s defense tech sector and has the potential to become a real game-changer on the battlefield, enhancing both reconnaissance and strike operations.
The company joined the Brave1 cluster in August 2024, accelerating the development of autonomous drone control and the integration of AI-driven solutions.
Brave1 brings together businesses, the Armed Forces of Ukraine, volunteers, and investors through an online arsenal, where developers submit products for expert evaluation, grants, and serial production.
Ukrainian startup prepares for global breakthrough
Going public on Nasdaq will allow Swarmer to attract foreign investment to scale production and commercialize defense solutions.
This is not only an economic victory for Ukraine but also a signal to international partners of Ukrainian tech companies' ability to develop advanced solutions for national defense.
Swarmer has already demonstrated that innovation and technology can provide an edge on the frontline, and its Nasdaq IPO marks the next step in the global integration of Ukraine’s defense tech sector.
