Drone Maker Aevex Shares Climb 35% After $320 Million US IPO

Aevex signage during the company's IPO at the New York Stock Exchange on Friday.
Photographer: Michael Nagle/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Arvelisse Bonilla Ramos and Anthony Hughes

April 17, 2026 at 4:06 PM UTC

Updated on

April 17, 2026 at 8:18 PM UTC

Aevex Corp. shares rose 35% after the maker of military drones raised $320 million in a US initial public offering.

Shares of the Madison Dearborn Partners-backed firm closed at $26.93 each on Friday in New York, versus an IPO price of $20 apiece. The offering of 16 million shares was marketed in a range of $18 to $21 each.