--- title: "Cramer’s endorsement sends Swarmer shares soaring 46% intraday" type: "News" locale: "en" url: "https://longbridge.com/en/news/288509065.md" description: "Swarmer shares surged 46% intraday after Jim Cramer endorsed the company as a promising drone investment. This rally coincides with a recent $2.86 million U.S. defense contract to equip SkyKnight drones with its swarming platform. Despite the stock's surge, the company reported widening losses, with Q1 2026 net loss increasing to $4.5 million from $0.7 million year-over-year due to higher expenses." datetime: "2026-06-03T02:59:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288509065.md) - [en](https://longbridge.com/en/news/288509065.md) - [zh-HK](https://longbridge.com/zh-HK/news/288509065.md) --- # Cramer’s endorsement sends Swarmer shares soaring 46% intraday Stock soars on call: Swarmer jumped up to 46% after Jim Cramer spotlighted it as a promising drone sector investment. Defense contracts boost: The company recently secured a $2.86 million U.S. defense award to equip SkyKnight drones with its swarming platform. Losses still widening: First-quarter 2026 net loss rose to $4.5 million from $0.7 million a year earlier due to higher expenses. ### Related Stocks - [SWMR.US](https://longbridge.com/en/quote/SWMR.US.md) ## Related News & Research - [Swarmer Sets Up 24-Month Equity Purchase Facility With Lucid; Files S-1 for Resale](https://longbridge.com/en/news/289378556.md) - [GA-ASI Announces Investments in Six Dutch Companies](https://longbridge.com/en/news/289112304.md) - [Why Unusual Machines stock popped today](https://longbridge.com/en/news/289514140.md) - [Draganfly Closes Skip Dynamix Deal to Expand Low-Cost Defense Drone Portfolio](https://longbridge.com/en/news/289485323.md) - [Report - US forces down Iranian drones going for strikes on Hormuz shipping](https://longbridge.com/en/news/289532078.md)