BT Brands Stock Soars Following Aero Velocity Merger Boosting Drone Prospects
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
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Source: Benzinga
Merger Announcement: BT Brands Inc. shares surged after announcing an all-stock merger with Aero Velocity Inc., a drone technology firm, with Aero Velocity shareholders expected to hold 89% of the new entity.
Leadership and Focus: The merged company will focus on advanced unmanned aerial systems and AI solutions, led by Aero Velocity's CEO Mark Hastings, and is set to adopt the Aero Velocity name upon completion in late 2025 or early 2026.
Analyst Views on BTBD
About BTBD
BT Brands, Inc. operates fast-food and casual dining restaurants, including Burger Time locations in North Dakota, South Dakota, and Minnesota; Pie In The Sky Coffee and Bakery in Woods Hole, Massachusetts; Keegan’s Seafood Grille near Clearwater, Florida, and Schnitzel Haus in Hobe Sound, Florida. The Company also owns a 40.7% interest in Bagger Dave’s Burger Tavern, Inc. It owns and operates Keegan’s Seafood Grille (Keegan’s), a dine-in restaurant; Pie In The Sky Coffee and Bakery (PIE), a casual dining coffee shop bakery, and Schnitzel Haus (Schnitzel), a German-themed restaurant. Its Burger Time restaurants offer a variety of burgers and other foods, sides, and soft drinks. Keegan’s Seafood Grille offers a variety of traditional fresh seafood items for lunch and dinner. PIE features an array of freshly prepared baked goods, sandwiches, and its locally roasted coffee. Schnitzel is a full-service restaurant and bar featuring a German-themed menu and specialty imported European beers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
