AIRO Group Holdings, Inc.

Thank you for standing by. My name is Sunine and I will be your conference operator for today. At this time, I would like to welcome everyone to Arrow first quarter 2026 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. To ask a question, please press star one on your telephone keypad And to withdraw your question, please press star 1 again. I would now like to turn the call over to Dan Jensen, Executive Vice President of Investor Relations. Please go ahead.

Thank you, Operator, and good morning, everyone. Welcome to the Arrow Group Holdings Incorporated first quarter 2026 earnings call. We appreciate you joining us today and look forward to sharing an update on our progress and performance. With me on the call are Dr. Cheranjeev Kathuria, our Executive Chairman, Captain Joseph Burns, our Chief Executive Officer, and Dr. Maria Pilipov, our Chief Financial Officer. Replay information for today's call can be found in our earnings press release issued earlier this morning. Today's call will include forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements relating to Arrow's 2026 outlook. Forward-looking statements represent our management's beliefs and assumptions only as of the date made. Information on factors that could affect the company's financial results is included in its discussed non-GAAP financial measures. These non-GAAP financial measures are in addition to and not a substitute for or superior to measures of financial performance prepared in accordance with GAAP. Reconciliations between GAAP and non-GAAP financial measures and the discussion of the limitations of using non-GAAP measures versus their closest GAAP equivalent is available in our earnings release. Additionally, we plan to discuss drone segment backlog, a definition of which can be found in our earnings release. With that, I'll turn it over to our Executive Chairman, Dr. Charanjeev Kotharia.

Thanks, Jack, and thank you all for joining us today. First, I will begin with a brief strategic overview before turning it over to Joe to walk through the business. 2025 was a foundational year for our company, and we believe the first quarter was another step in creating the key infrastructure that we can leverage throughout the remainder of this growth year. We continue to execute on our vision for a differentiated, integrated aerospace and defense platform positioned at the intersection of defense mobility, security, and training. I am proud of our team's effort as we refine our strategic focus on opportunities that best align customer demand, operational timelines, and durable long-term value. This focused approach allows us to deploy capital more effectively accelerate platform development, and scale the business in a disciplined manner as a newly public company. Our call today will highlight a few key points that I want to emphasize before turning it over to Joe. First, as Joe will note further, we are repositioning the business to focus on the drone market. This is intentional, and part of our strategy to diversify our product portfolio. In doing so, we recently introduced several new platforms, including the RQ70, which complements the RQ35 with extended range, higher payload capacity, upgraded sensors, and a competitive price point. We also recently unveiled the JC-250 and the JX-250 drone aircraft, designed to achieve over 1,000 miles of range and 16 hours of endurance in the ISR configuration. Together, these platforms broaden our addressable market and reinforce our focus on scalable, mission-ready drone solutions. Second, we are reaffirming our expectations to achieve blue UAS certification in the second quarter of 2026. And third, demand remains stable with the total drone backlog exceeding 150 million as of April 30th. And we're reiterating our full year guidance of 2026 revenue growth guidance of 15% to 25%. Consistent with that outlook, our first quarter top line results were in line with internal expectations. We believe this first quarter performance sets the stage for stronger execution and growth across the remaining quarters of the year. With that, let me turn it over to Joe to discuss our segments and the market. Joe.