AIRO Group Holdings

General Information
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 slashed the price of its small IPO to $10.00 – down from the $14.00-to-$16.00 price range in the prospectus – and increased the IPO’s size to 6 million shares – up from 5 million shares in the prospectus – to raise $60.0 million on Thursday night, June 12, 2025.)

(Background: AIRO Group Holdings has revived its IPO – 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, according to an S-1/A filing dated May 20, 2025.) 

(Background: AIRO Group Holdings had postponed its IPO due to market conditions in mid-April. AIRO Group’s IPO had been scheduled to price on Wednesday night, April 16, 2025, to trade Thursday, April 17, 2025, on the NASDAQ. More 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.)

Industry: AIRCRAFT - DRONES & AVIONICS
Employees: 151
Founded: 2021
Contact Information
Address 5001 Indian School Road NE, Suite 100 Albuquerque, New Mexico 87110
Phone Number (505) 338-2434
Web Address http://www.theairogroup.com/
View Prospectus: AIRO Group Holdings
Financial Information
Market Cap $259.03mil
Revenues $86.94 mil (last 12 months)
Net Income $-38.69 mil (last 12 months)
IPO Profile
Symbol AIRO
Exchange NASDAQ
Shares (millions): 6.0
Price range $10.00 - $10.00
Est. $ Volume $60.0 mil
Manager / Joint Managers Cantor/BTIG/Mizuho/Bancroft Capital
CO-Managers
Expected To Trade: 6/13/2025
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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