Event
AIRO closes USD 69 million initial public offering
AIRO closed its initial public offering after selling 6.9 million shares at USD 10 per share for USD 69 million in gross proceeds.
Evidence notes
- The total included the underwriters' full exercise of an option for 900,000 additional shares.
- AIRO shares began trading on the Nasdaq Global Market under the ticker AIRO on 13 June 2025.
- The company planned to use net proceeds for segment growth, debt repayment and general corporate purposes.
Company context
AIRO Group is an aerospace and defence platform spanning uncrewed aircraft, avionics, training and electric air mobility. Its Sky-Watch business manufactures the RQ-35 Heidrun, a portable fixed-wing UAS with onboard AI for intelligence, surveillance and reconnaissance missions.
Context
- Company
- AIRO Group
- Segment
- Aerial
- Event type
- Market Signal
- Added to Korthos
- Jul 17, 2026
- Geography
- Albuquerque · United States