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Asters Advises AIRO on Establishing Transatlantic Defence Joint Venture with Nord-Drone

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Asters has advised AIRO Group Holdings on establishing a transatlantic defence joint venture with Ukraine-based Nord Drone Group. 

AIRO Group Holdings is a Nasdaq-listed aerospace and autonomy company.

According to Asters, the new venture will combine AIRO Drone, LLC, a wholly owned subsidiary of AIRO, with Nord Drone Group to expand drone production capacity for key defence industry markets. The transaction supports the parties’ strategy to integrate AIRO’s US-based manufacturing and procurement capabilities with Nord Drone’s European production platform and combat-proven technologies. Nord Drone currently manufactures approximately 4,000 drones per month, including FPV strike systems, loitering munitions, and multi-role bombers. Its NORD-10 and NORD-15 models feature ranges of up to 15 kilometres, payload capacities of up to 4.5 kilograms, and advanced GPS/GLONASS/BeiDou navigation supported by proprietary control systems.

The Asters team included Partner Oleksiy Demyanenko, Counsel Oleksandr Khomenko, and Senior Associate Ihor Pavliukov.

Asters could not provide additional information on the matter.

Asters at a Glance

Founded in 1995, Asters is the largest Ukrainian law firm with offices in Kyiv, Washington D.C., Brussels and London.

The Firm provides efficient transactional legal advice and represents clients on a broad spectrum of matters arising in the course of doing business in Ukraine. Asters has extensive industry-specific experience and plays a leading role in advising clients in various market sectors.

Asters’ 130-strong legal team combines world-class professionalism and quality with clear understanding of local realities so that our clients receive practically oriented advice in the most client-friendly manner. Asters’ lawyers received law degrees from the best European, Ukrainian and US law schools, including Yale, Harvard, Chicago University.

Asters has consistently remained at the top of the Ukrainian legal market throughout its history being acknowledged as Ukraine Law Firm of the Year by Who's Who Legal (2018-2022), The Lawyer European Awards (2020-2021), Chambers Europe Awards 2020 and holds top positions in the most authoritative international market reviews: The Legal 500, Chambers Global and Chambers Europe, IFLR 1000, Who's Who Legal, Best Lawyers.

Firm's website.