Airo Group Holdings Inc., an American aerospace and defense technology company, has taken a significant step in its development by announcing plans to raise up to $80 million through an initial public offering (IPO). This initiative comes at a time of heightened volatility in financial markets, attributed to various political events, including tariff policies from the previous U.S. administration.
Tekever Ltd., a Portuguese company specializing in the production of unmanned aerial vehicles (UAVs), has announced its plans to expand its manufacturing capabilities. This initiative is driven by the increasing demand for both military and commercial applications of drones. Over the past five years, the company has demonstrated impressive growth, and its CEO, Ricardo Mendes, shared insights during an interview in Lisbon regarding future expectations.