Wendy Siegelman

TX-based drone software company Swarmer (supports combat operations for the Ukrainian military) raised almost $15M in an IPO last week. Stock surged from $30 up near $60 (now around $30 again)

Crazy detail - the board chair is Erik Prince

https://www.forbes.com/sites/davidkirichenko/2026/03/21/swarmer-ipo-surge-puts-ukraine-born-drone-ai-in-focus/

Swarmer IPO Surge Puts Ukraine-Born Drone AI In Focus

Ukraine’s war showed that the edge in drone warfare may lie as much in software as hardware. Demand is rising for autonomous systems and the software behind them.

Forbes
Mar 23 at 2:11pmWeb
Show threadJonathan Kamens 86 47Mar 23
@wendysiegelman A surge from $30 to $60 is a 100% surge, not 1000%.
Show threadWendy SiegelmanMar 23
@jik thanks, was referencing % in article, but corrected my post.
Show threadJonathan Kamens 86 47Mar 23
@wendysiegelman It might be the $30 figure that's not correct. According to https://www.investors.com/news/ipo-swarmer-swmr-stock-drones/, the IPO price was $5, and it peaked at $65.04, which would indeed be a 1000% surge from the IPO.
Drone Stock Becomes Hottest IPO As Shares Soar Nearly 1,000%

With shares trading around 53 Thursday, the IPO stock is up about 950% from its initial offering. That's by far the best performing IPO this year.

Investor's Business Daily