Six Aerospace Entities Combine

AIRO Group Holdings, Inc. (AIRO) has successfully merged six aerospace firms to form a single, mid-market aerospace and defense company. The emergent entity, under the leadership of CEO Joe Burns, has organized its business into four divisions: Avionics, Electric Air Mobility, Commercial Drones, and Training.

Comprising established brands such as Aspen Avionics and Jaunt Air Mobility, AIRO seeks to bring autonomy, artificial intelligence (AI), and advanced air mobility operations to the mainstream commercial and military aerospace marketplaces.

AIRO’s Advanced Avionics division, via notable brand Aspen Avionics, looks to establish itself as an industry leader in autonomous aviation and work closely with AIRO’s other three divisions to accelerate certification of electric air mobility technologies.

AIRO’s Electric Air Mobility division will enter the market with its Jaunt Journey aircraft, a piloted, four-place, eVTOL vehicle that has made huge strides toward certification via Transport Canada’s Chapter 529—which sets out airworthiness standards for the issuance of type certificates for transport category rotorcraft. To date, the Journey eVTOL has logged nearly five-hundred flight-hours and over one-thousand takeoffs and landings. The aircraft’s Slowed-Rotor Compound-Technology—which features a helicopter-like main-rotor for low-speed flight, and standard, fixed wings for high-speed flight—is among the safest and quietest currently being assessed.

AIRO CEO Joe Burns states: “Operators are looking for a pedigree of certification and safety as well as robust, dynamic capabilities, efficiencies, and quiet operations. AIRO is proud to have received numerous aircraft orders as well as multiple US DoD contracts aimed at optimizing eVTOL speed and minimizing acoustic signatures for quiet operations. Certification is being driven out of AIRO’s Electric Air Mobility, Canadian office in Montreal and will be brought through the FAA’s process shortly thereafter.”

AIRO’s Training division sets forth to contemporaneously rectify shortfalls in civilian pilot availability and develop curricula germane to uncrewed, minimally crewed, and crewed aerospace endeavors.

With a dual-focus on military and civilian applications, AIRO’s Commercial Drones division intends to advance the AI capabilities, autonomous operations, and BVLOS special mission uses of contemporary and future Unmanned Air Vehicles (UAVs).

With strong capital backing, a significant book of existing business, and strong pull from its core global market sectors, AIRO has its sights set on accelerated growth across all of its divisions.

AIRO’s Executive Chairman, Dr. Chirinjeev Kathuria remarks, “The attractiveness of AIRO is based on four key factors: the strength of the brands and existing orders and contracts; a diversified yet synergistic portfolio that is already proving its robustness with AIRO’s support of drone technologies in Ukraine as commercial drone operations continue to recover from a downtown during the height of the Pandemic; a training division that is participating in the $249 million and $6.40 billion U.S. military contracts to provide Close Air Support, Intelligence, Reconnaissance, Surveillance and Adversary Air training, which will drive significant revenue and profit growth; and a management team with significant experience and global successes that span an evolving defense and aerospace marketplace that’s changed significantly over the last four decades.”

FMI: www.theairogroup.com