AIRO Group Holdings Inc(US:AIRO) Businesswireยท2025-11-14 11:35Core Insights - AIRO Group Holdings, Inc. reported third quarter 2025 financial results, highlighting strong demand in the drone industry and advancements in technology partnerships [1][6][2] Financial Highlights - Revenue for Q3 2025 was $6.3 million, a decrease from $23.7 million in the prior-year period, primarily due to shipment timing delays [7][4] - Year-to-date revenue reached $42.6 million, compared to $47.2 million in the same period last year [4] - Gross margin for the year-to-date was 58.1%, down from 64.7% in the prior-year period [4] - Net loss improved to $(8.0) million in Q3 from $(30.3) million in the prior-year quarter [9] - EBITDA for Q3 was $(5.7) million, an improvement from $(23.1) million in the prior-year period [10] Operational Highlights - The company completed an upsized public offering, raising $89.4 million to enhance liquidity for growth initiatives [11] - A joint venture with Nord Drone Group was signed to accelerate the deployment of unmanned aerial systems (UAS) across U.S., Ukraine, and NATO markets [4] - Sky-Watch secured a $4.5 million development program for advanced Counter Electronic Warfare technologies [4] - Plans for a new U.S. manufacturing site were initiated to scale RQ-35 Heidrun production [4] Market Outlook - AIRO expects full-year 2025 revenue to exceed 2024's revenue of $86.9 million, contingent on supplier deliveries and customer acceptance [13] - The company is experiencing strong demand driven by evolving defense requirements and the effectiveness of unmanned systems in modern conflicts [6][2]