Airo Group Holdings Announces It Has Signed Non-Binding LOI With Nord Drone To Form Strategic Joint Venture Focused On Accelerating Deployment Of Combat-Proven Unmanned Aerial Systems To The U.S., Ukraine, And Other NATO Member Countries.

Author: Benzinga Newsdesk | September 08, 2025 08:44am

Joint Venture to Focus on Delivering Expanded Line of Combat-Proven Drones in Strategic Alignment with U.S. Defense Directives, NATO Operational Needs, and Ukraine's Leadership in Drone Warfare

AIRO Group Holdings, Inc. (NASDAQ:AIRO) ("AIRO" or the "Company"), a global leader in advanced aerospace and defense technologies, today announced the signing of a non-binding letter of intent (LOI) with Nord Drone LLC ("Nord Drone") to establish a strategic joint venture aimed at accelerating the deployment of combat-proven unmanned aerial systems (UAS) to the United States, Ukraine and other NATO member countries.

Under the LOI, AIRO is expected to contribute manufacturing oversight, R&D resources, government procurement leadership, and strategic corporate support while Nord Drone is expected to provide proprietary drone technologies, production facilities, supply chain access, and coordination with defense ministries, including Ukraine's Ministry of Defense.

This strategic partnership aims to enhance AIRO's strong defense and aerospace portfolio by integrating Nord Drone's high-volume, battlefield-proven drone systems into its platform. By combining AIRO's U.S.-based manufacturing infrastructure and expertise in government procurement with Nord Drone's scalable production capabilities and combat-tested technologies, the collaboration is expected to significantly broaden AIRO's reach across a wider spectrum of drone platforms. to support a more diverse range of mission profiles and operational needs from tactical reconnaissance units to advanced combat-ready systems.

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