Erik Prince Files for IPO with Battle-Tested AI Drone Company Swarmer
By Jarrett Banks Erik Prince, the founder of private security company Blackwater USA, intends to take drone autonomy software company Swarmer Inc. public, according to a S-1 filing. Swarmer, which has been supporting operations in Ukraine, intends to list on Nasdaq under the ticker “SWMR.” Swarmer’s platform has been deployed in more than 100,000 real-world missions in active combat environments, the filing said. “Advances in artificial intelligence, autonomous systems and low-cost unmanned platforms ar ...