AEVEX Corp.’s shares jumped 30% to $35.8, extending the post‑IPO rally after its NYSE debut.
The company raised $320 million by pricing 16 million shares at $20 each, above the $18‑$21 guidance range.
AEVEX’s Ukraine‑derived revenue surged, with Phoenix Ghost and EUCOM AOR Deep Strike delivering over 9,300 systems worth $1.2 billion by year‑end.
CEO Roger Wells said operations in Ukraine and Iran confirm autonomous unmanned systems will dominate modern warfare.