Why this drone maker is braving turbulent markets for an IPO - MarketWatch
1. Airo plans to launch IPO with 5 million shares at $14-$15 each. 2. Market volatility has delayed many IPOs; historic trends suggest challenges for Airo. 3. Airo anticipates tariffs affecting operations until 2025 but expects defense spending growth. 4. Military drone market projected to grow significantly, benefiting Airo's business model. 5. Airo reported a net loss of $38.7 million with $86.94 million in revenue for 2024.