Airo engages stephens to represent the uam and drone ecosystem group for an optimally aligned spac merger – suas news

AIRO Engages Stephens to Characterize the UAM and Drone Ecosystem Group for an Optimally Aligned SPAC Merger - sUAS Information 4

The AIRO Group (AIRO), a world end-to-end City Air Mobility (UAM) and drone ecosystem firm, at this time introduced that it has engaged Stephens Inc. to help in exploring a enterprise mixture settlement with a Particular Function Acquisition Firm (SPAC) which might end in a public itemizing on a US Inventory Change.

AIRO is led by Aerospace veterans with senior management expertise at market-leading companies like Honeywell and main world airways. “AIRO will deliver to the general public market a consolidated, mid-market, enterprise with traditionally strong development, differentiated mental property important to the way forward for air journey and connectivity, and a acknowledged management group with a confirmed observe document and public firm expertise,” commented Dr. Chirinjeev Kathuria, Government Chairman of AIRO.

AIRO includes a world portfolio of aerospace expertise firms and airframe producers, described by the group’s CEO Captain Joe Burns, as “an unparalleled ecosystem and full-spectrum providing of City Air Mobility infrastructure, certifiable avionics, manned and unmanned operational expertise, and superior AI and edge-processing for decision-making capabilities in flight.” He continued, “AIRO is operational at this time. We have now already performed the troublesome work of consolidating key options and applied sciences, and aligning our development trajectory with the subsequent important world transformation of end-to-end drone options. By means of our inside synergies and exterior partnerships, we’re poised for the long-term operation of a drone ecosystem that may function a spine for transferring freight and folks with clear power and pedigreed security, for hundreds of years to come back. We’re at a compelling inflection level and this can be a actually distinctive alternative for a strategic associate.”

“AIRO leverages many years of experience throughout the area, drone companies, business and army aviation, and avionics markets. AIRO presents a sector-leading enterprise offering best-in-class aerospace, city air mobility, and autonomy applied sciences and companies uniquely able to addressing worthwhile world aerospace alternatives. AIRO seems ahead to collaborating with like-minded growth-oriented companions to capitalize on its distinct providing to create a sustainable sector management place as a preeminent mid-cap drone applied sciences and companies enterprise. We’re excited to work with AIRO administration and its companions to assist notice the potential of this distinctive market alternative,” mentioned Chris Gidden, Managing Director and International Head of Aerospace & Protection (A&D) for Stephens.

About The AIRO Group
The AIRO Group brings collectively many years of industry-leading expertise to supply best-in-class services uniquely able to addressing a large spectrum of aerospace markets. The AIRO Group leverages applied sciences that span knowledge techniques, resupply package deal supply, army aerospace coaching, army, and business manned/unmanned plane techniques and avionics. The AIRO Group seeks to remodel the aerospace as the primary mid-tier, full-spectrum aerospace firm providing end-to-end autonomy and UAS options. The AIRO Group contains the next worldwide aerospace firms: AgileDefense LLC, Airgility, AIRO Drone LLC, Aspen Avionics, Coastal Protection, Sky-Watch A/S, and VRCO Ltd.

Extra details about the AIRO Group might be discovered on its web site at www.theAIROgroup.com


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