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ICR Inc represents Swarmer, the Austin-based drone technology company, whose IPO chalked up the biggest one-day price jump since Newsmax went public a year ago.
Swarmer’s shares surged 520 percent on March 17, compared to the 700 percent gain achieved by Newsmax.
Backed by Eric Prince, founder of the Blackwater security firm, Swarmer’s advanced battelfield AI capabilities have been used by the Ukrainian military since the Russia invasion in 2024.
Swarmer’s technology allows groups of drones to execute missions autonomously, translating human-defined objectives into coordinated action.
“Our software has proven itself in live combat across tens of thousands of missions,” said Serhii Kupriienko, founder/CEO of Swarmer, in September while announcing a funding round.
Swarmer’s IPO opened at $12.50. The NASDAQ-listed stock is now trading at $62.05.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
Amsterdam’s CFF Communications handles Accell Group as Europe’s No 1 e-bike and No. 2 bicycle maker declares insolvency after failing to find a buyer.
Randy Sinclair, who rose to lead investor relations at Chevron during an 11-year run, will move to Northrop Grumman on Aug. 10 as VP-IR.
Trailrunner International is handling Axum Capital Partners’ move to acquire a controlling interest in BARCODE, a performance hydration brand, in partnership with NBA All-Star Victor Wembanyama.
Alpha IR and Alpha Advisory Group represent McKinley Acquisition Corp. as it plans to take hostile drone spotter and destroyer Space-Eyes public via a SPAC deal valued at $370M.
