Press Releases

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Source: AeroVironment Inc.

MONROVIA, Calif.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ:AVAV) today announced the appointment of Teresa Covington as chief financial officer, effective March 1, 2017. Covington will succeed Raymond Cook, who is resigning as senior vice president and chief financial officer, effective February 28, 2017 due to medical reasons.

Wahid Nawabi, AeroVironment president and chief executive officer, said, "The Board of Directors, our employees and I thank Raymond for his service and appreciate his willingness to support Teresa during this transition."
"Teresa has been a critical member of our leadership team since she joined AeroVironment 5 years ago," Nawabi added. "She has 25 years of financial leadership experience and exceptional industry knowledge, including as interim CFO of AeroVironment. I am excited to work closely with Teresa in her new role as we execute our business strategy to continue driving long-term value for our shareholders, customers and employees."

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Source: AeroVironment Inc.
  • AeroVironment and Fresno State to study the correlation between aerial multispectral data and hydration data related to water stress
  • Results should identify varying levels of water stress in almond trees and which types of imagery might enable almond producers to make more effective water management decisions
  • Project running Dec. 2016 – Aug. 2017; final results to be announced in September, 2017

MONROVIA, Calif., Dec. 7, 2016AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced it has begun a year-long study with California State University, Fresno to research how unmanned aerial vehicle (UAV) imagery and analytics could potentially detect varying levels of water stress in almond trees and give producers smarter insights to make more effective in-season decisions regarding water management.

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Source: AeroVironment Inc.
  • AeroVironment’s 32-Amp EVSE-RS charges up to 5 times faster than standard cordsets
  • Provides safe, smooth, dependable charge – indoor or outdoor
  • Builds on General Motors and AeroVironment’s pioneering EV innovation

MONROVIA, Calif., Dec. 6, 2016General Motors Company (NYSE:GM) has named AeroVironment, Inc.’s(NASDAQ: AVAV) EVSE-RS as the official charging station accessory for its all-new, all-electric 2017 Chevrolet Bolt EV.

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Source: AeroVironment Inc.
  • The AeroVironment Quantix™ is a new drone that combines the vertical takeoff and landing advantages of multirotors with the range, reliability and efficiency benefits of fixed-wing aircraft
  • Operators in agriculture, energy, transportation, utility and other industries can fly Quantix easily using one-touch planning and launch via a dedicated Android tablet device
  • The AeroVironment Decision Support System (AV DSS™) is a full service, cloud-based data analytics platform, incorporating a high level of automation plus leading research and algorithms to deliver actionable insights

SAN JOSE, Calif. Nov. 15, 2016, At Drone World Expo AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today launched its new integrated commercial information solution featuring the innovative Quantix™ drone and Decision Support System™ (DSS). Available spring 2017, these technologies allow users to gain actionable insights that can improve operational efficiencies, minimize risk and increase profitability.

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Source: AeroVironment Inc.
  • Includes upgrade of existing AeroVironment Raven B systems to digital data link and adoption of AeroVironment’s family of small UAS, including Puma AE and Wasp AE systems
  • Second contract from Dutch military for AeroVironment small UAS

MONROVIA, Calif., Oct. 31, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the receipt of a contract from the Netherlands Ministry of Defence on October 14 for small UAS, upgrades and support services totaling $10,321,375. Delivery is anticipated within six months.

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Source: AeroVironment Inc.
  • New all-environment launch system enables remote launch of Lethal Miniature Aerial Missile System rounds for Forward Operating Base and Mobile Force Protection
  • AeroVironment’s Blackwing loitering reconnaissance aircraft can also be launched in rapid succession from ground vehicles and surface vessels to enable rapid-response Intelligence, Surveillance and Reconnaissance (ISR) and Cross-Domain operations

WASHINGTON at Association of the United States Army Annual Meeting and Exposition, Oct. 4, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today introduced a Multi-Pack Launcher (MPL) for its Switchblade® Lethal Miniature Aerial Missile System and its Blackwing™ tube-launched unmanned aircraft.

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Source: AeroVironment Inc.

  • Funding approved through Joint Urgent Operational Needs Statement, reflecting high priority requirement and strong pull from the frontline
  • AeroVironment will deliver its Switchblade Block 10C through this contract to meet urgent requirement
  • AeroVironment provides full system capability, including Switchblade systems, operator training, support and logistics

WASHINGTON at Association of the United States Army Annual Meeting and Exposition, Oct. 3, 2016AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced the United States Army Close Combat Weapons Systems Project Office has awarded the company a contract for Block 10C Switchblade™ Lethal Miniature Aerial Missile Systems (LMAMS) and support services valued at $22,776,812 through a Joint Urgent Operational Needs Statement.Delivery is anticipated within 12 months.

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Source: AeroVironment Inc.
  • AeroVironment’s Blackwing Unmanned Aircraft Vehicle (UAV) links manned submarines to unmanned undersea vehicles (UUVs) while providing intelligence, surveillance and reconnaissance (ISR)
  • End-to-end system testing completed by Naval Undersea Warfare Center, Newport Rhode Island validates first UUV-to-submarine link via UAV data relay
  • Blackwing’s tight integration into the US Navy’s submarine fleet using an open-architecture communication system will enable communication and control of multiple unmanned vehicles over long distance

RHODE ISLAND, Naval Undersea Warfare Center, Newport Division, Sept. 7, 2016AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced the United States Navy has successfully demonstrated the use of its submarine-launched BlackwingTM UAV to link with a swarm of unmanned undersea vehicles and communicate with the submarine combat control system during the Annual Naval Technology Exercise (ANTX) on August 16.

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Source: AeroVironment Inc.
  • The AeroVironment Australia team provides complete, end-to-end system capabilities to support Australian customers
  • The Wasp AE Micro Air Vehicle is the first of AeroVironment’s Family of Unmanned Aircraft Systems to be adopted by the Australian Armed Forces
  • Wasp AE Micro Air Vehicle systems operate virtually undetected to deliver superior intelligence, surveillance and reconnaissance capabilities in both ground and maritime operations

ADELAIDE, Australia, At Land Forces 2016, Sept. 6, 2016AeroVironment, Inc. (NASDAQ: AVAV), a global leader in small unmanned aircraft systems (UAS), today announced it is teaming with Australia-based XTEK, Sentient Vision and General Dynamics (GD) Mediaware to deliver AeroVironment’s Family of Unmanned Aircraft Systems to the Australian market. The team will offer the AeroVironment Wasp AE Micro Air Vehicle, designated as the RQ-12A by the U.S. Department of Defense, to the Australian Armed Forces.

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Source: AeroVironment Inc.
  • AeroVironment’s Precision Recovery System enables block 2 Puma AE to operate from a wide variety of vessels for rapid response reconnaissance
  • Hand launched from the ship, Puma AE autonomously guides itself into a net on the flight deck after mission completion
  • ISR data from Puma AE streams directly into the ship’s command and control system and the U.S. Navy’s communications network

MONROVIA, Calif., Aug. 11, 2016 -- AeroVironment, Inc. (NASDAQ: AVAV) today announced the United States Navy has tested and deployed the RQ-20B Puma™ small unmanned aircraft system (UAS) aboard a Flight I Guided Missile Destroyer (DDG Class). Some of these exercises included the use of AeroVironment’s fully autonomous system to recover the aircraft aboard a ship. The US Navy issued a report on August 3 from the Arabian Gulf describing how Puma AE is also being utilized (see “US Ships Utilize Small Eye in the Sky”) on Navy Patrol Craft.

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