AIRO GROUP HOLDINGS, INC. ANNOUNCES CONFIDENTIAL SUBMISSION OF DRAFT REGISTRATION STATEMENT RELATED TO PROPOSED PUBLIC OFFERING

Albuquerque, NM, August 15, 2022: AIRO Group Holdings, Inc. (AIRO) today announced that it has confidentially submitted a draft registration statement on Form S 1 with the Securities and Exchange Commission (the “SEC") relating to the pro posed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The registrati on statement is expected to become effective after the SEC completes its review process, subject to market and other conditions.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, so licitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Sec urities Act.

MEDIA RELEASE

Contact: Dan Johnson, AIRO Group Holdings, Inc., media@theairogroup.com