Business: |
(Incorporated in Delaware)
We are a technologically differentiated aerospace, autonomy, and air mobility platform targeting 21st century aerospace and defense opportunities. We leverage decades of industry expertise and connections across the drone, aviation, and avionics markets to provide leading solutions to the aerospace and defense market. We offer connected and diversified solutions providing operational synergies across our segments and are powered by an international footprint as well as supplier and public sector relationships. Supported by complementary and innovative technologies, we believe we bring a unique value proposition to the market and are well-positioned to become a differentiated leader in the industry.
Our business is organized into four operating segments, each of which represents a critical growth vector in the aerospace and defense market: Drones, Avionics, Training, and Electric Air Mobility. These four segments collectively target a combined total addressable market estimated to be over $315.4 billion by 2030.
Note: Net loss and revenue are for the year that ended Dec. 31, 2024.
(Note: AIRO Group Holdings has postponed its IPO due to market conditions, the Street has learned. AIRO Group’s IPO had been scheduled to price on Wednesday night, April 16, 2025, to trade Thursday, April 17, 2025, on the NASDAQ. Background: AIRO Group Holdings filed an S-1/A on April 10, 2025, and disclosed the terms for its IPO: The company is offering 5.0 million shares at a price range of $14.00 to $16.00 to raise $75.0 million, if priced at the $15.00 mid-point of its range. Background: AIRO Group Holdings filed its S-1 on Feb. 21, 2025, with its plan for its IPO, without disclosing the terms. Estimated IPO proceeds were $100 million, a placeholder figure.)
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