AIRO Group Holdings, Inc. develops aerospace, autonomy and air mobility technologies for defense and commercial markets. The company’s recurring news centers on its Drones, Avionics, Training and Electric Air Mobility segments, including RQ-35 ISR drone production, the RQ-70 Dainn unmanned aircraft system, avionics for military and general aviation platforms, and integrated training services.
AIRO updates also cover financial results, manufacturing capacity, U.S. and allied defense customer activity, and contract awards through its Training Division and Coastal Defense subsidiary. Its disclosures frequently connect drone platforms, embedded autonomy, flight training and advanced air mobility to operations in the United States, Canada and Denmark.
AIRO Group Holdings (Nasdaq: AIRO) announced that subsidiary Jaunt Air Mobility Canada qualified to compete for future Canadian Armed Forces drone opportunities.
The wholly owned subsidiary received a Supply Arrangement under Canada's Defence Drone Initiative Marketplace through the Defence Investment Agency. Effective September 10, 2026, through July 31, 2031, the arrangement establishes pre-qualified supplier status. Eligible opportunities involve uncrewed systems, engineering services, testing, training, and command and control capabilities.
AIRO Group Holdings (AIRO) announced that Jaunt Air Mobility selected Calogy Solutions to design batteries for its hybrid-electric VTOL drone variants. The battery work covers the JC-250 and JX-250, with Jaunt moving the program toward flight testing and commercialization.
Other developments include BigBear.ai (BBAI) securing more than $225 million in contract awards since July, including more than 25 new generative AI awards. VisionWave (VWAV) is developing Stratum AI and STRATUM Command; neither is commercially available, has generated revenue or has completed independent third-party testing or validation. Palladyne AI (PDYN), Federal Ammunition and Mossberg are jointly developing SwarmShot, initially for Gremlin-X, with broader integration planned following qualification. MicroVision (MVIS) and Robinson Unmanned entered a joint marketing and demonstration agreement for airborne lidar integration.
AIRO Group Holdings (AIRO) has been invited to join Phase 2.5 of the Drone Dominance Program.
AIRO is one of 17 companies selected to participate in the Phase 2.5 Bomber Qualifier at Camp Grayling, Michigan, scheduled for October 2026. This phase will test 17 unique drones across three mission sets and two stages: a vendor‑operated bomber qualifier and a military‑operated bomber gauntlet, described as the program’s most demanding and accelerated testing round so far.
AIRO Group Holdings (AIRO) will participate in the H.C. Wainwright 28th Annual Global Investment Conference, with CEO Joe Burns and CFO Dr. Mariya Pylypiv hosting virtual one-on-one investor meetings on September 14 and 15, 2026.
Interested investors can arrange meetings through their H.C. Wainwright representative or by emailing the company’s investor relations team.
AIRO (NASDAQ: AIRO) reported second quarter 2026 revenue of $43.2 million, up 76% year over year, driven mainly by stronger Drones segment performance despite weaker Avionics and Training. Gross profit rose to $27.7 million with gross margin of 64%, compared with 61% a year ago and 27% in Q1 2026.
AIRO generated operating income of $1.7 million versus a $(19.7) million loss in Q2 2025, but recorded a net loss of $(2.0) million versus net income of $5.9 million in the prior-year quarter. Adjusted EBITDA increased to $6.8 million, a 45% rise. Drone backlog reached $163 million, up 9% sequentially. As of June 30, 2026, AIRO held $25.9 million in cash and $6.8 million in debt, with a preliminary cash balance of about $56 million as of July 31, 2026.
The company reiterated full-year 2026 guidance for revenue growth of 15%–25% year over year and expects full-year Adjusted EBITDA to remain in the negative mid- to high-teens million-dollar range.
AIRO Group Holdings (Nasdaq: AIRO) announced that subsidiary Jaunt Air Mobility has selected Calogy Solutions to design the battery system for its next-generation hybrid-electric JC-250 and JX-250 VTOL drone variants. The collaboration supports development of autonomous, dual-use aircraft for defense, commercial, and industrial missions.
Calogy will apply its proprietary Uni.T™ passive air-cooling battery technology, aiming to deliver liquid-cooling-level thermal performance without the weight and complexity of liquid systems. According to AIRO Group, the lightweight architecture is intended to enhance safety, reliability, and endurance as Jaunt advances toward flight testing and commercialization.
AIRO Group Holdings (Nasdaq: AIRO) will host a conference call to discuss its second quarter 2026 financial results on Thursday, August 13, 2026, at 8:00 a.m. ET. Investors can join via phone at 1 (833)-461-5787 (US) or 1 (585)-542-9983 (international) using access code 276596, or through a live audio webcast with Q&A available in the Events & Presentations section of the company’s investor relations website. A replay of the webcast and the earnings press release with related materials will be posted on the same site within 24 hours after the call.
AIRO also disclosed that CEO Joe Burns and CFO Dr. Mariya Pylypiv will participate in the 15th Annual Needham Virtual Industrial Tech, Robotics & Clean Tech 1x1 Conference on Monday, August 17, 2026, hosting investor meetings that can be arranged via Needham representatives or the company’s investor relations email.
AIRO Group (AIRO) and subsidiary Aspen Avionics announced that AIRO Group’s consolidated avionics and drone manufacturing facility in Phoenix, Arizona, has achieved AS9100D certification, an internationally recognized aerospace quality management standard.
The certification follows full consolidation of Aspen’s manufacturing with AIRO’s U.S. drone operations in Phoenix and underscores investments in disciplined manufacturing, risk management, product safety, and traceability. According to AIRO Group, this strengthens Aspen’s position with general aviation customers, aircraft OEMs, advanced air mobility programs, and unmanned aerospace applications that require certified quality management systems.
AIRO (AIRO) and Aspen Avionics announced the appointment of Richard “Rich” Cimino as Vice President of Engineering, effective July 27, 2026. Based at AIRO’s Phoenix, Arizona manufacturing facility, Cimino will lead engineering strategy and execution for Aspen Avionics and support engineering initiatives across AIRO’s US drone businesses.
His responsibilities include overseeing product development, systems and manufacturing engineering, certification, and technology roadmaps, working with business leaders to advance avionics and autonomous systems.
AIRO Group Holdings (Nasdaq: AIRO) announced the completion in the second quarter of 2026 of a major order of its RQ-35 ISTAR unmanned aircraft systems for a global defense customer, underscoring growth in its autonomous systems business and production scale.
According to AIRO, the delivery leverages its SkyWatch brand supply chain and vertically integrated model, with sensors, autonomy and airframe built in-house. The battle-tested RQ-35 Heidrun offers up to three hours endurance, a 50 km range, onboard AI, electronic warfare-resilient navigation, and is designed for time-sensitive ISTAR, reconnaissance and terrain awareness missions for U.S., NATO and allied markets.