{"id":910077,"date":"2025-11-14T06:34:15","date_gmt":"2025-11-14T11:34:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/"},"modified":"2025-11-14T06:34:15","modified_gmt":"2025-11-14T11:34:15","slug":"airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/","title":{"rendered":"AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces"},"content":{"rendered":"<p>        <!--.bwmarginl1 { margin-left: 30px }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces<\/b><\/p>\n<p>MCLEAN, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAIRO Group Holdings, Inc. (Nasdaq: AIRO), through its wholly owned subsidiary AIRO Drone, LLC, and Nord-Drone LLC, through its affiliate company Nord Drone Group, LLC (\u201cNDG\u201d), have executed a definitive agreement to create AIRO Nord-Drone, LLC, a transatlantic defense joint venture <b>combining AIRO\u2019s U.S.-based manufacturing and procurement expertise with NDG\u2019s combat-proven technologies and European production capabilities<\/b>. The joint venture will leverage existing infrastructure to accelerate deployment of drones supporting current U.S. and NATO operational requirements. The formation of the joint venture is subject to customary closing conditions, including satisfaction of applicable regulatory requirements and other conditions precedent set forth in the definitive agreement.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20251114671675\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251114671675\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251114671675\/en\/2644080\/4\/Nord_Drone.jpg\" alt=\"Nord Drone in Flight\" \/><\/p>\n<p style=\"font-size:85%\">Nord Drone in Flight<\/p>\n<\/div>\n<p>\nThe Nord-Drone group of companies currently produces approximately 4,000 drones per month\u2014including FPV strike units, loitering munitions, and multi-role bombers\u2014with scalability supported by established facilities and defense relationships. Its flagship models, NORD-10 and NORD-15, offer ranges up to 15 km and payloads up to 4.5 kg, featuring advanced GPS\/GLONASS\/BeiDou navigation and proprietary control systems.<\/p>\n<p>\nThe joint venture intends to prioritize rapid production and deployment of combat-proven drones that directly support current U.S. and NATO defense directives. By combining AIRO\u2019s advanced aerospace manufacturing capabilities with NDG\u2019s high-volume, battlefield-tested platforms, AIRO Nord-Drone LLC will deliver interoperable, mission-ready solutions for tactical reconnaissance, loitering munitions, and advanced combat operations.<\/p>\n<p class=\"bwmarginl1\">\n\u201cThis joint venture represents a significant milestone in delivering proven, battlefield-tested technology to our allies when it matters most,\u201d said <b>Dr. Chirinjeev Kathuria, Executive Chairman of AIRO<\/b>. \u201cTogether with Nord Drone Group, we are creating a transatlantic defense platform capable of scaling rapidly to meet urgent operational requirements.\u201d<\/p>\n<p class=\"bwmarginl1\">\n\u201cOur partnership with AIRO establishes a powerful framework to extend our combat-proven technologies to serve U.S. and NATO defense forces,\u201d said <b>Dr.<\/b><b>Yevgen Kotukh, CEO of NDG<\/b>. \u201cBy integrating Nord Drone Group\u2019s engineering excellence with AIRO\u2019s manufacturing and procurement expertise, we can accelerate production while maintaining the quality and performance that define our systems.\u201d<\/p>\n<p class=\"bwmarginl1\"><b>Joe Burns, CEO of AIRO<\/b>, added: \u201cThis collaboration underscores our shared commitment to supporting allied defense efforts through innovation, scale, and strategic coordination.\u201d<\/p>\n<p>\nThe joint venture will serve urgent operational needs across key defense markets, including the United States, Ukraine, NATO member countries, and other mutually agreed territories. It will support both immediate conflict response and modernization initiatives.<\/p>\n<p><b>About AIRO<\/b><\/p>\n<p>\nAIRO Group Holdings is a next-generation aerospace and advanced air mobility platform driving innovation in defense and commercial markets. Headquartered in <b>McLean, VA<\/b>, with operations in the U.S., Canada, and Denmark, AIRO combines global reach with deep technical expertise. Through a vertically integrated model and a differentiated technology portfolio, AIRO delivers solutions across four high-growth segments: Drones, Avionics, Training, and Electric Air Mobility.<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nThe statements contained in this press release that are not historical facts are forward-looking statements. You can identify forward-looking statements because they contain words such as \u201cbelieves,\u201d \u201cexpects,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cseeks,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201cdesigned to,\u201d or \u201canticipates,\u201d or similar expressions which concern our strategy, plans, projections or intentions. These forward-looking statements may be included throughout this press release, and include, but are not limited to, AIRO\u2019s expectations regarding the formation and closing of the AIRO Nord-Drone, LLC joint venture, the anticipated benefits of the joint venture, the development and deployment of combat-proven drone technologies, future collaboration outcomes with Nord Drone Group LLC, production and manufacturing capabilities, market opportunities in defense markets including the United States, Ukraine, and NATO member countries, and AIRO\u2019s ability to deliver mission-ready solutions for tactical reconnaissance, loitering munitions, and advanced combat operations. By their nature, forward-looking statements are not statements of historical fact or guarantees of future performance and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify, including those described in the section titled \u201cRisk Factors\u201d in AIRO\u2019s Quarterly Report on Form 10-Q for the period ended June 30, 2025 filed with the Securities and Exchange Commission (\u201cSEC\u201d) on August 13, 2025 as well as other filings AIRO may make with the SEC in the future. Forward-looking statements represent AIRO\u2019s management\u2019s beliefs and assumptions only as of the date such statements are made. AIRO undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251114671675r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251114671675\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251114671675\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations Contact<br \/>\n<\/b><br \/>Dan Johnson<br \/>\n<br \/>AIRO Group Holdings, Inc.<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@theairogroup.com\">InvestorRelations@theairogroup.com<\/a> | <a rel=\"nofollow\" href=\"mailto:media@theairogroup.com\">media@theairogroup.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Virginia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> EV\/Electric Vehicles Aerospace Automotive Technology Manufacturing Drones Air Transport Government Technology Defense Contracts<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251114671675\/en\/2644080\/3\/Nord_Drone.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Nord Drone in Flight<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251114671675\/en\/2644045\/3\/AIRO_Logo_Color_Pos.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces MCLEAN, Va.&#8211;(BUSINESS WIRE)&#8211; AIRO Group Holdings, Inc. (Nasdaq: AIRO), through its wholly owned subsidiary AIRO Drone, LLC, and Nord-Drone LLC, through its affiliate company Nord Drone Group, LLC (\u201cNDG\u201d), have executed a definitive agreement to create AIRO Nord-Drone, LLC, a transatlantic defense joint venture combining AIRO\u2019s U.S.-based manufacturing and procurement expertise with NDG\u2019s combat-proven technologies and European production capabilities. The joint venture will leverage existing infrastructure to accelerate deployment of drones supporting current U.S. and NATO operational requirements. The formation of the joint venture is subject to customary closing conditions, including satisfaction of applicable regulatory requirements and other conditions precedent set forth &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-910077","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces MCLEAN, Va.&#8211;(BUSINESS WIRE)&#8211; AIRO Group Holdings, Inc. (Nasdaq: AIRO), through its wholly owned subsidiary AIRO Drone, LLC, and Nord-Drone LLC, through its affiliate company Nord Drone Group, LLC (\u201cNDG\u201d), have executed a definitive agreement to create AIRO Nord-Drone, LLC, a transatlantic defense joint venture combining AIRO\u2019s U.S.-based manufacturing and procurement expertise with NDG\u2019s combat-proven technologies and European production capabilities. The joint venture will leverage existing infrastructure to accelerate deployment of drones supporting current U.S. and NATO operational requirements. The formation of the joint venture is subject to customary closing conditions, including satisfaction of applicable regulatory requirements and other conditions precedent set forth &hellip; Continue reading &quot;AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-14T11:34:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20251114671675\/en\/2644080\/4\/Nord_Drone.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces\",\"datePublished\":\"2025-11-14T11:34:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\\\/\"},\"wordCount\":852,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20251114671675\\\/en\\\/2644080\\\/4\\\/Nord_Drone.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\\\/\",\"name\":\"AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces - 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(Nasdaq: AIRO), through its wholly owned subsidiary AIRO Drone, LLC, and Nord-Drone LLC, through its affiliate company Nord Drone Group, LLC (\u201cNDG\u201d), have executed a definitive agreement to create AIRO Nord-Drone, LLC, a transatlantic defense joint venture combining AIRO\u2019s U.S.-based manufacturing and procurement expertise with NDG\u2019s combat-proven technologies and European production capabilities. The joint venture will leverage existing infrastructure to accelerate deployment of drones supporting current U.S. and NATO operational requirements. The formation of the joint venture is subject to customary closing conditions, including satisfaction of applicable regulatory requirements and other conditions precedent set forth &hellip; Continue reading \"AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-14T11:34:15+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20251114671675\/en\/2644080\/4\/Nord_Drone.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces","datePublished":"2025-11-14T11:34:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/"},"wordCount":852,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20251114671675\/en\/2644080\/4\/Nord_Drone.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/airo-and-nord-drone-execute-joint-venture-to-deliver-battlefield-tested-drone-technologies-across-u-s-nato-and-ukraine-defense-forces\/","name":"AIRO and Nord-Drone Execute Joint Venture to Deliver Battlefield-Tested Drone Technologies Across U.S., NATO, and Ukraine Defense Forces - 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