Press release
AIRO Group and Bullet Sign Letter of Intent to Form Joint Venture Advancing Ukraine-Developed Interceptor Drones for U.S. and NATO Defense Market
Partnership to Bring Combat-Proven 300 MPH Interceptor Drone Technology to U.S. Manufacturing and NATO Defense Markets WASHINGTON & KYIV, Ukraine--(BUSINESS
About this update from Airo Group Holdings, Inc.
[{"type":"text","content":"\nPartnership to Bring Combat-Proven 300 MPH Interceptor Drone Technology to U.S. Manufacturing and NATO Defense Markets\n\n\n WASHINGTON & KYIV, Ukraine--(BUSINESS WIRE)--\nAIRO Group Holdings, Inc. (“AIRO”) and Bullet (Degree-Trans LLC), a Ukrainian developer of turbojet unmanned interceptor systems, today announced they have signed a Letter of Intent to establish a 50/50 joint venture to produce and deploy Bullet's combat-proven fixed-wing UAV technology across the United States, NATO defense markets and Ukraine.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251016558811/en/Bullet drone in-flight\nAIRO will integrate Bullet's high-speed, modular interceptor drone platform into U.S. manufacturing and defense infrastructure. The advanced interceptor drone achieves remarkable speeds of up to 300 mph (450 km/h), establishing it as one of the fastest unmanned aerial defense systems available. With a substantial flight range of up to 200 km and versatile payload capacity ranging from 2.5 to 9 kg, this interceptor drone represents a significant advancement in aerial defense capabilities. The platform's modular design allows for rapid deployment and adaptation across various mission profiles, making it an ideal solution for modern defense requirements.\n\n\n\"This partnership unites the innovation and front-line experience of Ukrainian engineers with AIRO's manufacturing and program-management expertise,\" said Dr. Chirinjeev Kathuria, Executive Chairman of AIRO Group. \"Together we will bring advanced aerial-defense capabilities to our allies while supporting Ukraine's defense industry. 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.\"\n\n\n\"Joining forces with AIRO allows Bullet to expand our proven interceptor technology into new markets,\" added Viacheslav Lvovych, Director of Bullet. \"Our shared objective is to deliver rapid, reliable air-defense solutions that strengthen Ukraine and the wider NATO alliance.\"\n\n\n“For those who serve on the front lines, every second matters,” said Joe Burns, CEO of AIRO Group. “By bringing combat-proven Ukrainian technology...