Swarmer amends Meta Bureau supplier pact, cuts initial license fees to about $2.5 million

Swarmer, Inc.

Swarmer, Inc.

SWMR

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  • Swarmer amended its master supplier deal with Meta Bureau on June 25, 2026, cutting initial lump-sum license fees to about $2.5 million.
  • Separate June 25, 2026 agreement with Progress TRW adds about $1.4 million in upfront license fees, lifting combined upfront fees to about $3.9 million.
  • Progress contract includes an option for software upgrades worth up to about $10.4 million, replacing upgrade options removed from the Meta Bureau amendment.
  • Both agreements carry one-year terms with automatic annual renewals, terminable on 30 days’ written notice.


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