On June 25, 2026, Swarmer Estonia, a subsidiary of Swarmer, Inc., entered into an Amended and Restated Master Supplier Agreement with Meta Bureau LLC, reducing initial lump-sum license fees to approximately $2.5 million and removing software upgrade options. Simultaneously, Swarmer Estonia entered into a Master Supplier Agreement with Progress TRW S.R.O. for the same software use in quadcopter bombers and UAVs, providing initial lump-sum fees of approximately $1.4 million and potential upgrade fees up to $10.4 million. Combined, the initial fees from both agreements total approximately $3.9 million. Both agreements have one-year initial terms with automatic renewals. The company provides proprietary software for unmanned aerial vehicles.
