Sky-Watch A/S

Beskrivelse af virksomhedens væsentligste aktiviteter

Sky-Watch is dedicated to developing and commercializing market-leading mini-unmanned aerial systems (UAS) for professional users, primarily within the defense and security sectors. The company collaborates with globally recognized industry leaders to develop cutting-edge system components and solutions, serving an expanding international customer base.
Development in activities and financial matters
The ongoing geopolitical situation, particularly the war in Ukraine, continues to drive a significant increase in demand for Sky-Watch's advanced solutions. In 2024, the company strategically leveraged its operational capabilities to achieve substantial growth and profitability.
In March 2022, Sky-Watch was acquired by the US-based AIRO Group Holdings, Inc., a company pursuing a strategy of consolidating leading businesses within the aerospace sector. AIRO Group Holdings recently became publicly listed on Nasdaq (New York) through an IPO (Form S-1). The group is focused on integrating businesses in avionics, advanced air mobility, uncrewed aerial systems (UAS), and specialized training programs, strengthening Sky-Watch's position within the broader aerospace ecosystem.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

The income statement for 2024 shows a profit of DKK 223,308 thousand against a profit of DKK 71,077 thousand last year, and the balance sheet at 31 December 2024 shows equity of DKK 109,763 thousand.
The company submitted annual accounts for 2023 in accordance with the Danish Financial Statements Act for accounting class B, and there was no requirement for disclosure on the outlook for 2024.

Beskrivelse af virksomhedens forventede udvikling

Sky-Watch remains confident in its products, with strong market demand expected to continue. The uncertain geopolitical climate is anticipated to persist throughout 2025, further driving demand for the company’s solutions.
Sky-Watch will continue its expansion efforts throughout 2025 to meet this growing demand, ensuring it remains well-positioned to address rising market needs while maintaining operational efficiency.
Robust sales opportunities are expected to drive continued growth in 2025. However, profitability is projected to decrease slightly due to ongoing investments in R&D and the development of a global sales organization.
Accordingly, for 2025, the company expect a gross profit in the range of DKK 156-314 million and a profit for the year in the range of 0-123 million.
Sky-Watch aims to enhance its technological capabilities and introduce new solution layers and value propositions in 2025 and beyond through sustained partnerships with globally leading defense industry corporations. These efforts will ensure the continued delivery of state-of-the-art solutions that meet evolving industry requirements.