AIRO Group Holdings Inc. has signed a Letter of Intent with Bullet (Degree-Trans LLC), a Ukrainian developer of turbojet unmanned interceptor systems, to establish a 50/50 joint venture. The partnership aims to produce and deploy Bullet's combat-proven fixed-wing UAV technology in the United States, NATO defense markets, and Ukraine. The joint venture will focus on expanding production capacity for high-speed interceptor drones, accelerating research and development of next-generation UAVs, and pursuing contracts with the U.S. Department of War, NATO, and allied ministries of defense. The partners expect to finalize definitive agreements within 60 days.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AIRO Group Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251016558811) on October 16, 2025, and is solely responsible for the information contained therein.