Reuters: IPOX® CEO Josef Schuster Comments on Applied Aerospace & Defense’s IPO Filing and Market Trends
Reuters reported that Applied Aerospace & Defense filed for a U.S. IPO after posting a 24.8% revenue increase in 2025. The Huntsville, Alabama-based space and defense hardware provider reported revenue of $498.8 million for the fiscal year ended December 31, up from $399.8 million a year earlier, while narrowing its net loss to $17 million.
The article placed the filing within a broader wave of recent U.S. defense technology listings, noting that aerospace, drone, components, and signal-analysis companies have recently gone public in New York. Reuters also highlighted Applied Aerospace & Defense’s government-contract exposure, customer base, and planned NYSE listing under the ticker “AADX.”
IPOX® CEO Josef Schuster was quoted by Reuters on the strength of the U.S. IPO market and the performance environment supporting new listings.
“The U.S. IPO market is in its best shape I have seen it since the late 1990s. This is not just driven by the good reception to deals across the risk spectrum, but also strong post-IPO returns,”
Read the full article by Arasu Kannagi Basil on Reuters: Applied Aerospace & Defense reveals 25% revenue jump in US IPO filing