“Recent U.S. government policy updates emphasizing investment in domestic drone manufacturing align perfectly with our joint venture objectives, positioning us to meet critical national security needs while strengthening America’s defense industrial base.” Source: Dr. Chirinjeev Kathuria, Executive Chairman of AIRO Group, commenting on AIRO Group Holdings and Bullet, a Ukrainian developer of turbojet-powered unmanned interceptor systems, signing an LoI, or Letter of Intent, to form a 50-50 joint venture to produce and deploy Bullet’s combat-proven fixed-wing UAV technology across the U.S., NATO defense markets, and Ukraine.
