AI & TECH
Swarmer AI Drone Software Company Surges 520% in Nasdaq Debut
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AI drone software company Swarmer closed up 520% in its Nasdaq debut, valuing it at $380M+, with its tech deployed in 100K+ combat missions in Ukraine. Swarmer sold 3 million shares for $5 each, which valued the company at just over $60 million, but trading gave the company a market value of over $380 million.