News & Articles

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Source: AeroVironment Inc.

Carmakers Charge Ahead with Electrics

November 20, 2008

The future - or at least a future - may finally be in sight for the electric car. Nissan-Renault Chief Executive Carlos Ghosn announced plans at the L.A. Auto Show on Wednesday to begin selling a competitively priced electric car in Oregon in 2010. The vehicle would go "mass market" by 2012, Ghosn vowed.

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Source: AeroVironment Inc.

AeroVironment Featured on Mad Money with Host Jim Cramer

October 28, 2008
AVAV: Flying High Insight on AeroVironment, with Mad Money host Jim Cramer.   -> View More

Source: AeroVironment Inc.

Toyota Material Handling and AeroVironment Announce Alliance to Market PosiCharge® Battery Fast Charge Systems

September 16, 2008
IRVINE, Calif. - (September 16, 2008) - Toyota Material Handling, U.S.A., Inc. (TMHU), the number one lift truck supplier in the United States, and AeroVironment, Inc. (AV), the number one battery fast charge system manufacturer, have established an alliance to market AV's PosiCharge fast charge systems. PosiCharge systems are now available through 68 authorized Toyota Industrial Equipment dealers with 190 locations throughout the United States.   -> View More

Source: AeroVironment Inc.

Airports Go For Green with Eco-Friendly Efforts

September 16, 2008
A fleet of miniature wind turbines at Boston Logan International Airport have perhaps the best view of the city, overlooking the downtown skyline across the expansive harbor as commercial jets descend overhead. Each 6-foot-tall turbine, placed at the edge of the rooftop of the airport's headquarters, is affixed at a unique angle to capture the winds that gust through Boston Harbor and climb the building's walls.   -> View More

Source: AeroVironment Inc.

A Monrovia Firm’s Tiny Planes Have Growing Clout

September 10, 2008
AeroVironment Inc.'s Unmanned Spy Craft Become Vital Reconnaissance Tools on the Battlefield Standing amid a grove of pepper plants in Thousand Oaks last week, Christopher Thompson revved up his plane's tiny 6-inch propeller and then gently tossed it into the sky, much as weekend hobbyists fly their airborne toys. But this mini-aircraft called the Raven, weighing little over 4 pounds and painted in Army gray, is no ordinary model. It is actually a tiny U.S. military spy plane that can hover quietly 500 feet in the air and transmit video images to operators several miles away. These Simi Valley-made planes are providing vital information to ground combat soldiers in Iraq and Afghanistan who want to know what's happening over the ridge and around the bend.   -> View More

Source: AeroVironment Inc.

Assessing the Value of Small Wind Turbines

September 04, 2008
Fascination with wind turbines small enough to mount on a roof is spreading from coast to coast. Mayor Michael R. Bloomberg of New York last month proposed dotting the city with them. Small turbines have already appeared at the Brooklyn Navy Yard, atop an office building at Logan International Airport in Boston, and even on a utility pole in the small New Hampshire town of Hampton.   -> View More

Source: AeroVironment Inc.

AeroVironment Receives $4.6 Million in DARPA Funding to Develop Stealthy, Persistent, Perch and Stare UAS Based on Wasp

August 20, 2008
MONROVIA, Calif., August 20, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) announces the receipt of $4.6 million in funding from the Defense Advanced Research Projects Agency (DARPA) to develop a small Unmanned Aircraft System (UAS) capable of performing "hover/perch and stare" missions. The Stealthy, Persistent, Perch and Stare (SP2S) UAS is based on AV's small Wasp UAS, a one-pound, 29-inch wingspan battery-powered air vehicle that is being procured and deployed by both the U.S. Air Force and the U.S. Marine Corps.   -> View More

Source: AeroVironment Inc.

County Companies Setting Green Goals

August 03, 2008
Cutting consumptions of fossil fuels would not only clean the air and help meet climate change goals but also cut energy costs by lowering demand, improve American Energy independence and address the nation's trade imbalance. A company with a factory in Simi Valley, AeroVironment, Inc., has been particulary successful with energy-related innovations.   -> View More

Source: AeroVironment Inc.

Fully-Electric, 95mph Sports Utility Charges in 10 Minutes

July 27, 2008

Another step towards exploding the perception that electric vehicles will never have the grunt, range or practicality of their oil guzzling, high-emissions counterparts has been taken in California with a record charging time demonstrated for the all-electric Phoenix SUT (Sports Utility Truck). The milestone demonstrated by AeroVironment saw the 35kWh (kilowatt-hour) battery pack developed for use with the Phoenix fully-charged in less than ten minutues - enough to power the five-seat utility for 100 miles.

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Source: AeroVironment Inc.

AeroVironment Awarded U.S. Special Operations Command All Environment Capable Variant Small UAS Contract

July 02, 2008
MONROVIA, Calif., July 2, 2008 - AeroVironment, Inc. (AV) (NASDAQ; AVAV) today announced the U.S. Special Operations Command (USSOCOM) has selected Puma AE as its All Environment Capable Variant (AECV) solution to the Small Unmanned Aircraft System (UAS) requirement. The one-year Indefinite Delivery Indefinite Quantity (IDIQ) contract, with four one-year options, has a maximum value of $200,000,000, and provides for the purchase of aircraft, ground control systems, spares, repairs and training under a combination firm fixed-price, cost-plus-fixed-fee and cost reimbursable arrangement. The initial delivery order is valued at $6 million and is fully funded.   -> View More

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