Press Releases

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Source: AeroVironment Inc.
  • AeroVironment to provide Wasp® AE systems over three years with multi-year training and support
  • Total contract value to AeroVironment of up to USD $36.5 million for hardware and services over program lifespan
  • Australian partners XTEK, General Dynamics Mediaware and Sentient to provide added capabilities for WASP AE and local support for the Australian Defence Force

MONROVIA, Calif.,June 1, 2017AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the selection of the company’s Wasp AE small unmanned aircraft system by the Australian Defence Force (ADF). The ADF Indefinite Delivery/Indefinite Quantity (ID/IQ) contract calls for the delivery of Wasp AE systems over a three-year period, as well as training and logistics support for up to ten years, for a total AeroVironment contract value of up to USD $36.5 million.

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Source: AeroVironment Inc.
  • Available for military applications, Mantis i45 greatly enhances AeroVironment Puma™ AE small unmanned aircraft systems’ ISR capabilities
  • Advanced sensors enable Mantis i45 operators to see better and farther, providing more actionable intelligence for better decision making
  • In military operations, Mantis i45 increases the stand-off distance between the Puma AE and an area of interest by up to seven times, reducing the likelihood of detection while delivering high resolution images

DALLAS, at AUVSI XPONENTIAL, May 10, 2017 AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced that its Mantis i45 electro-optical/infrared (EO/IR) gimbal sensor suite designed for the AeroVironment Puma AE (All Environment) small UAS is now in full production and shipping to customers. Unveiled last May, the i45 Mantis significantly enhances Puma AE’s intelligence, surveillance and reconnaissance (ISR) capabilities.

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Source: AeroVironment Inc.
  • Launched from the palm of a hand, Snipe™ is worn on operators’ clothing so it can spring into action immediately – first 20 systems delivered in April
  • Difficult to detect, Snipe provides close-range intelligence, surveillance and reconnaissance (ISR)
  • Simple to use and requires no assembly; operates in challenging and rugged environmental conditions
  • Builds on breakthrough robotic Nano Hummingbird developed by AeroVironment for DARPA

DALLAS, at AUVSI XPONENTIAL, May 9, 2017 AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today officially unveiled the new Snipe Nano Quad, a miniature (“Class 0”) and field-rugged unmanned aircraft system designed to support close-range intelligence, surveillance and reconnaissance missions. The first U.S. government customer delivery of 20 Snipe systems took place in April.

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Source: AeroVironment Inc.
  • Installation of 102 AeroVironment TurboDock™ charging stations mark ATL’s latest initiative supporting its goal of becoming one of the greenest airports in the world
  • TurboDock charging stations will be located in several parking structures along the ATL airport perimeter
  • TurboDock™ charging stations are AeroVironment & ATL’s second project together after AeroVironment’s Ground Support Equipment (GSE) chargers were previously installed at the airport.

MONROVIA, Calif, April 11, 2017 – AeroVironment Inc. (NASDAQ: AVAV), a leader in electric vehicle (EV) charging and the preferred charging solution supplier for eight global automakers, announced today that Hartsfield-Jackson Atlanta International Airport (ATL) will install 102 of its TurboDock EV charging stations in the airport’s parking structures.

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Source: AeroVironment Inc.
  • The advanced ConnectRx™ detects potential connector issues during the charging process, delivering a new level of operational safety
  • Provides early warning of high connector temperatures with an innovative, dual set point sensor for warning and fault levels
  • ProCore™ with advanced ConnectRx combines a sophisticated charge algorithm, battery thermal management and anti-arc technology for unparalleled safety and performance

CHICAGO, At ProMat, April 3, 2017 – AeroVironment, Inc.(NASDAQ: AVAV), a leading supplier of industrial fast and opportunity charging solutions for electric forklifts, today at ProMat 2017 (booth number S-361) launched a patent-pending advanced version of its ConnectRx™ for its PosiCharge ProCore™ line of electric forklift chargers for the materials handling industry.

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Source: AeroVironment Inc.
  • eMotorWerks’ smart grid technology expands AeroVironment’s smart product capabilities for EV customers
  • eMotorWerks’ JuiceNet platform offers cloud-connected and intelligent grid charging solutions, including green-charging for renewables
  • AeroVironment’s chargers, selected by eight global auto manufacturers and combined with eMotorWerks’ innovative cloud technology, deliver unique and compelling EV charging solutions

MONROVIA, Calif. and SAN CARLOS, Calif. March 28, 2017- Both customers and electric utilities across the US are set to gain more options and control over electric vehicle charging through the collaboration of AeroVironment, Inc. (NASDAQ: AVAV), a leader in electric vehicle (EV) charging and the preferred electric vehicle charging solution supplier for eight global automakers, and eMotorWerks, a leading provider of intelligent and cloud-connected smart-grid charging solutions. By integrating eMotorWerks’ JuiceNet smart-grid EV charging platform into AeroVironment’s line of consumer and OEM EV charging solutions, both companies aim to provide increased charging capabilities to customers and electric demand load aggregation for utilities.

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Source: AeroVironment Inc.
  • Third strategic initiative between Volvo Cars and AeroVironment builds on the successful in-trunk TurboCord™ and the dealer infrastructure EVSE-RS charging station programs
  • EV Charger to support Volvo Cars’ customers in European, Chinese, North American and other global markets
  • Global EV Charging Station’s design will complement Volvo Cars’ attention to luxury, safety and excellence

MONROVIA, Calif., March 9, 2017AeroVironment, Inc. (NASDAQ: AVAV), a leader in electric vehicle (EV) charging and the preferred charging solution supplier for eight global automakers, today announced its selection by Volvo Cars as the developer of Volvo Cars’ first custom global EV charging station.

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Source: AeroVironment Inc.
  • Research program entering third year to expand the agronomic analytics and capabilities of the company’s innovative drone and analytics platform
  • AeroVironment growing its library of supported crops to provide targeted analytics with more precision and value to producers in key agriculture markets
  • Findings to provide a deeper understanding of how multispectral data can be used to speed awareness and empower faster decisions for greater yields

TULARE, Calif. Feb. 14, 2017, At World Ag Expo AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, shared details regarding its ongoing pilot programs which are entering their third year and have guided development of the AV DSS platform.The company also displays its Quantix™ drone and AV Decision Support System™ (AV DSS) to World Ag Expo and National Farm Machinery Show attendees this week, highlighting the fully-integrated ecosystem’s powerfully-simple operations and innovative data analytics capabilities.

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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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