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AIRO is a multi-faceted air mobility, autonomy, and aerospace company focusing on urban air mobility and drone ecosystems. It was founded in 2005 to operate AIRO Drone and Agile Defense. It was established as an air drones base company.
In 2021, AIRO acquired Aspen Avionics and proceeded with a merger with Coastal Defense. On October 6, 2021, Jaunt Air Mobility entered into a merger with the AIRO group. AIRO's subsidiary, Jaunt Air Mobility, advanced to the next phase of the AFWERX High-Speed Vertical Take-Off and Landing Concept Challenge for the United States Air Force and United States Special Operations Command.
AIRO confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock.