Aevex Aerospace

Aevex Aerospace

Delivers multi-domain autonomous systems and ISR

Overview

AEVEX Aerospace provides multi-domain autonomous systems and airborne ISR solutions with flight operations support for the U.S. government, allies, and commercial clients. It develops unmanned aerial systems (UAS) and unmanned surface vessels (USVs), and uses sensor integration, aircraft modification, and additive manufacturing to enable rapid fielding in contested or GPS-denied environments. The company differentiates itself with an integrated air-and-water unmanned portfolio, in-house manufacturing and system integration, and acquisitions that expand software, navigation, and additive manufacturing capabilities. Its goal is to deliver field-ready autonomous ISR and flight-support solutions to defense and civilian customers while growing its capabilities and revenue through organic development and targeted acquisitions.

Significant Headcount Growth

About Aevex Aerospace

Simplify's Rating
Why Aevex Aerospace is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Government & Public Sector

Aerospace

Defense

Company Size

501-1,000

Company Stage

IPO

Headquarters

Solana Beach, California

Founded

2006

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Simplify's Take

What believers are saying

  • Second-quarter 2026 revenue reached $201.8 million, nearly doubling year over year.
  • August 12, 2026 BlackSea deal adds $150 million 2026 revenue and subsea access.
  • July 6, 2026 Air Force contract and facility expansions support scaling production.

What critics are saying

  • Scott+Scott sued AVEX on August 21, 2026 over IPO lock-up disclosures.
  • BlackSea closes only after HSR review; any delay hits September 2026 integration.
  • DoD contract concentration leaves AVEX exposed if one program slips or gets canceled.

What makes Aevex Aerospace unique

  • AVEX combines airborne ISR, mission software, and maritime autonomy across domains.
  • Roger Wells is building vertically integrated manufacturing for contested, GPS-denied systems.
  • AEVEX pairs rapid prototyping with fielded platforms like Sicario, Mako, and CompassX.

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Funding

Total Funding

$320M

Above

Industry Average

Funded Over

2 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

401(k) Retirement Plan

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Employee Assistance Plan

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

14%

1 year growth

14%

2 year growth

13%
Yahoo Finance
Sep 3rd, 2026
AEVEX expands Florida and Virginia facilities to double autonomous systems production capacity

AEVEX Corp., a US defence technology company specialising in autonomous unmanned systems and AI-enabled mission software, is expanding its operations in Florida and Virginia to meet growing production demand. The company is significantly expanding its Tampa manufacturing facilities, expecting to more than double production capacity over the next year. The new footprint will include space for high-volume production, additive manufacturing, and Uncrewed Surface Vehicle operations. Chief Executive Officer Roger Wells said customers increasingly seek proven autonomous systems deliverable at scale on shorter timelines. The investments aim to expand manufacturing capacity and customer-facing infrastructure to support rapid scaling. The Tampa location enhances AEVEX's proximity to key customers and partners within a major US defence hub. The Virginia expansion strengthens customer collaboration capabilities with US government clients and industry partners.

Associated Press
Aug 12th, 2026
AEVEX acquires BlackSea Technologies for up to $650M to expand multi-domain autonomous systems

AEVEX Corp. has signed a definitive agreement to acquire BlackSea Technologies, a major provider of unmanned surface and subsea vessels in the US defence market. The deal is valued at up to $650 million on a cash-free, debt-free basis, comprising approximately $250 million in cash, $350 million in AEVEX Class A common stock, and $50 million in performance-based earnout consideration. The acquisition is expected to close in September 2026, subject to regulatory approval and customary closing conditions. BlackSea is expected to generate $150 million in revenue for fiscal year 2026. The combined entity will create one of the industry's most comprehensive autonomous systems portfolios, spanning air, surface and subsea domains. AEVEX intends to integrate its CompassX autonomy ecosystem with BlackSea's maritime platforms, whilst combining manufacturing capabilities across multiple US facilities.

Associated Press
Aug 10th, 2026
AEVEX appoints Chelsey Thomas as VP of government affairs

AEVEX Corp. has appointed Chelsey Thomas as Vice President of Government Affairs. Thomas will lead the company's government engagement strategy at federal and local levels, strengthen Capitol Hill relationships, and help shape policy outcomes. Thomas brings over 25 years of experience in national security and federal policy. She most recently served as Vice President of Government Relations at Booz Allen Hamilton, where she led advocacy across the Legislative and Executive Branches. Previously, she spent more than a decade as a Professional Staff Member on the House Permanent Select Committee on Intelligence, serving as principal adviser to the Committee Chairman on CIA and covert-action oversight. Thomas holds a Bachelor of Arts in Political Science from Virginia Tech.

Yahoo Finance
Jul 10th, 2026
AEVEX wins $17.5M US defence contract, appoints Murali Krishnan as chief growth officer

AEVEX Corp announced a $17.5 million follow-on contract on July 6 to provide mission-focused, data-driven services supporting US national security objectives. The award reinforces the company's role in delivering specialised expertise and integrating multi-domain solutions to transform complex data into actionable insights. On June 30, AEVEX appointed Murali Krishnan as chief growth officer. Krishnan brings over two decades of executive experience in defence technology and national security. He will lead the company's global business development, strategic partnerships, and long-term market expansion initiatives. AEVEX Corp specialises in autonomous systems, AI-driven software, and advanced electronic warfare for national security through rapid prototyping and high-volume manufacturing.

Yahoo Finance
Jul 4th, 2026
AVEX scores $50M US Air Force contract, shares surge 16% on defence win

Aevex Corp. announced a $50 million contract from the US Air Force to expand unmanned mission-support capabilities. The award includes $27 million in initial funding and will support production of Aevex's long-range precision strike platform designed for GPS-denied environments. The defence technology company shares jumped nearly 16.44% on the announcement. Aevex reported first-quarter revenue of $216.7 million, up 307% year-over-year, with net profit of $21 million compared to a year-ago loss of $27.3 million. The company guided for full-year 2026 revenue of $600 million to $620 million. Analysts give Aevex a "Strong Buy" rating with an average price target of $35.75, implying 72.8% upside from current levels.

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