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‘Broke a barrier’ — Swarmer IPO tests Wall Street appetite for Ukrainian defense tech

By Amnon J. Jobi on March 21, 2026 12:02 pm |

Russia and Ukraine

Ukrainian-American drone AI startup Swarmer made a blockbuster debut on the NASDAQ on March 17, offering a first major test of whether Wall Street is ready to buy into Ukraine’s wartime defense tech boom.

Initially priced at $5, Swarmer shares closed at $31 on March 17, a 520%

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Published in Russia and Ukraine

Amnon J. Jobi

Amnon J. Jobi is sole Editor in Chief at The Daily Reformer®. He writes like it is 1998.

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