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March 07, 2023

AIRO Group Plans Merger with Kernel Group Holdings

Company will Hold 4 Divisions to Focus on Avionics, Uncrewed systems, AAM, and Training

Airo will merge with a special purpose acquisition company to kickstart its growth and "address high growth market trends across the aviation & aerospace ecosystem." The merger agreement provides a pathway for Airo to become the AIRO Group, a publicly listed company. The Group will hold 4 key divisions: Advanced Avionics, Electric Air Mobility, Uncrewed Air Systems, and Training. Each will focus on the future aerospace and defense markets along their line of focus.

Aviation Industry Group Fosters the Next Generation

The IADA Foundation, the charitable 501c3 run by the International Aircraft Dealers Association has awarded 10 scholarships in its most recent batch. Of the 10 selected, 4 students come from the academic track, working their way to graduation. The other 6 come from the industry already, being employed in the business aviation resale industry by IADA members. Their selection is a perfect example of the industry fostering the next generation, bolstering talent under its own roof to ensure a steady pipeline of qualified people well-versed in the unique focus of the av-biz industry.