AEVEX Corp. Class A

Hello, everyone. Thank you for joining us and welcome to AVEX First Quarter 2026 Earnings Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Jason Gursky, Vice President of Investor Relations. Please go ahead.

Thank you for joining AVEX's first quarter 2026 earnings conference call. I'm Jason Gursky, Vice President of Investor Relations, and I'm pleased to welcome you here today. Joining me on the call are Brian Radin, Executive Chairman, Roger Wells, the company's Chief Executive Officer, and Todd Booth, AVEX's Chief Financial Officer. Before we begin, please note that on this call, certain information presented contains forward-looking statements, including our 2026 outlook, backlog, total addressable market opportunity, production ramp-up, growth, and M&A strategy, and capital allocation priorities. Our forward-looking statements are based on current expectations, forecasts, and assumptions, and involve risks and uncertainties. These risks are described in AVAX's reports filed with the SEC, including our IPO perspectives. I'd also like to note that we will discuss a number of non-GAAP financial measures on this call. Our earnings press release and presentation, which are also published earlier today and can be found on the investor section of the company's website, contain a reconciliation of any non-GAAP financial measure to the most directly comparable GAAP measure. The content of this conference call contains time-sensitive information that is accurate as of only today, May 20th, 2026. The company undertakes no obligation to make any revision to any forward-looking statements contained in our remarks today, or to update them to reflect the events or circumstances occurring after this conference call. And with that, I'd like to turn the call over to Brian for some opening remarks.

Thanks, Jason. Good afternoon, and thank you for joining our first earnings call as a publicly traded company. Before we get into this quarter's details, I want to take a moment to express my sincere gratitude to the people who made this milestone possible. When we founded Avex, we believed a small dedicated team could take on tough challenges and deliver meaningful capabilities to those who rely on us. Today, as I look across this company, I'm incredibly proud that we have grown into a thriving organization built on agility, innovation, and trust. To our employees, thank you. Your talent, determination, and commitment to our mission are the foundation of everything we've achieved and the culture that will drive game-changing results for years to come. To our customers and partners, we are grateful for your trust. Your missions inspire us and your feedback pushes us to constantly evolve and work on the best available solutions. To our suppliers, thank you for standing with us as we've scaled, adapted, and prepared for this next chapter. Your reliability and collaboration play a vital role in our success. And to our new shareholders, welcome. We're excited to have you join us as we continue building on our strong foundation. Our IPO marked an important step forward, one that strengthens our ability to invest, expand, and accelerate our growth over the long term. As I reflect on the current environment, it's clear we've built just the right company for just the right time. Defense planners are calling for a stronger industrial base for autonomous systems. for innovative agile companies that can both respond to rapidly evolving operational requirements and produce at scale, and for new acquisition battlefield tested solutions gain the advantage. For AVEX, these priorities are in our DNA. We are also seeing bipartisan support and broad agreement that our forces need substantially more of the capabilities we produce and increased funding to bring them into the field. Affordable autonomous systems like ours are now among the most effective solutions, which we believe creates durable demand. Our most recent proof point of our position in the market is our $18.5 million contract award from the U.S. Air Force for delivery of autonomous aircraft for one-way attack missions that we announced last week. These additively manufactured Group 3 systems include our AI-enabled CompassX autonomy stack and are designed for affordability and mission effectiveness. That's a formula that works and a model we believe we can replicate and scale. This is an exciting time for Avex, and we intend to continue to be a leader through this transformational period for our industry. The results you'll hear from Roger today are early evidence of this alignment between our strategy our technology, and where the market is headed. With that, I'll hand the call over to our CEO, Roger Wells, who will walk through our first quarter results and share more about the momentum we're seeing across the business. Over to you, Roger.