Airo Group Holdings Inc. Shares Soar 140% on IPO Debut

AIRO Group Holdings Inc. made a remarkable debut on the public market, with its shares skyrocketing 140% during their first day of trading on June 13, 2025.

Airo Group Holdings Inc. made a stunning entrance into the public market, with its shares skyrocketing 140% during their trading debut on Friday, June 13, 2025. The company, which specializes in drones already deployed in NATO operations, plans to manufacture domestically and seek military certification. The IPO raised $60 million, with the offering size increased to 6 million shares at $10 each, despite initial expectations of $14-$16. The offering was oversubscribed, completed with just a single day of roadshow. Airo aims to leverage its public status to secure $200 million from the Canadian government and additional bond market financing.

The company's drones, featuring AI capabilities for reconnaissance and target identification, have been tested in real-world conflicts like Ukraine and are challenging to intercept. Airo plans to produce military drones in the U.S. and aims for Department of Defense certification within six months. The IPO timing was strategic, coinciding with a recent executive order to boost the U.S. drone industry, providing a policy advantage. Airo initially postponed its April IPO due to market volatility but resumed plans as market conditions improved and investor interest remained strong.