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Arxis, Aerospace and Defense Parts Manufacturer, Debuts on U.S. Stock Market with 32.7% Gain

GateNews

2026-04-16 16:31:52

Gate News message, April 16 — Arxis (ARXS.US), an aerospace and defense parts manufacturer, listed on the U.S. stock market on Thursday, opening up 32.7% to $37.16 per share. The company’s IPO price was set at $28 per share.

Arxis manufactures electronic and mechanical components for aerospace and defense companies. In fiscal year 2025, the company posted revenue of $1.59 billion and returned to profitability, swinging from a net loss of $55 million in 2024 to a net profit of $46 million. The company serves over 5,000 customers, with approximately 90% of its revenue derived from proprietary products.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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