AIRO-Bullet Joint Venture Targets US, NATO Markets With High-Speed UAVs

AIRO Group Holdings Inc. (AIRO) and Ukrainian drone developer Bullet (Degree-Trans LLC) have signed a letter of intent to form a 50/50 joint venture focused on producing and deploying high-speed interceptor drone technology across the United States, NATO member states, and Ukraine. 

The collaboration centers on scaling production and operational deployment of Bullet’s combat-tested fixed-wing unmanned aerial vehicle (UAV) platform. The agreement outlines plans to finalize definitive terms within the next 60 days.

Under the agreement, AIRO will integrate Bullet’s interceptor platform into the U.S. defense manufacturing infrastructure. The unmanned aerial system can reach speeds of up to 300 mph (450 km/h) with an operational range of 200 km. Designed for rapid response, the drone supports a payload between 2.5 kg and 9 kg, making it adaptable to various defense missions.

Following the announcement, AIRO stock traded over 6% higher in Thursday’s premarket. On Stocktwits, retail sentiment around the stock stayed in ‘bullish’ territory amid ‘high’ message volume levels. 

The joint venture will prioritize expanding production capacity in the United States and Ukraine while accelerating research and development of next-generation interceptor and strike variants.

“Recent U.S. government policy updates emphasizing investment in domestic drone manufacturing align perfectly with our joint venture objectives, positioning us to meet critical national security needs while strengthening America's defense industrial base,” said AIRO’s Executive Chairman, Chirinjeev Kathuria.  

The partnership will work closely with Ukraine’s Ministry of Defense and pursue qualified contracts with the U.S. Department of War, NATO, and other allied defense agencies. 

AIRO Group stock has lost over 11% in the past 12 months. 

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