AIRO Group Holdings, a provider of aerospace, defense, and air traffic technologies, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), aiming to raise $100 million. The company plans to list on Nasdaq under the ticker symbol "AIRO." Pricing details for the IPO have not yet been disclosed.
Established in 2020, AIRO Group Holdings is a technologically differentiated platform targeting 21st-century aerospace and defense opportunities. The company operates through four divisions: drones, avionics, training, and electric air transportation. For the 12 months ending December 31, 2024, AIRO Group Holdings reported revenue of $87 million.
