Record First Quarter Revenue
Achieved a record first quarter revenue of $15.6 million, an increase of 184% over the previous year.
Expansion of Exclusive Use Contracts
Added two exclusive use contracts: a 5-year $20.1 million contract with the U.S. Department of the Interior and a contract with the state of Montana valued at a minimum of $648,000 annually.
Partnership with Positive Aviation
Entered into a memorandum of understanding with Positive Aviation to become the exclusive North American launch customer for the FF72 aircraft, with an option to acquire up to 20 units.
FMS Aerospace Contribution
FMS Aerospace contributed $1.9 million in revenue during the first quarter, enhancing Bridger's competitive edge.
Increased Cash Position
Ended the first quarter of 2025 with total cash and cash equivalents of $22.3 million compared to $6.8 million at the end of the first quarter of 2024.