AIRO Group Holdings, Inc. (AIRO) expects to raise $75 million in an initial public offering on Thursday, April 17th, IPO Scoop reports. The company will be issuing 5,000,000 shares at $14.00-$16.00 per share.
In the last 12 months, AIRO Group Holdings, Inc. generated $86.9 million in revenue and had a net loss of $38.7 million. AIRO Group Holdings, Inc. has a market cap of $373.3 million.
AIRO Group Holdings provided the following description of their company for its IPO: “(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 Holding 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. 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.) “.
AIRO Group Holdings was founded in 2021 and has 151 employees. The company is located at 5001 Indian School Road NE, Suite 100 Albuquerque, New Mexico 87110 and can be reached via phone at (505) 338-2434 or on the web at http://www.theairogroup.com/.
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