Press Releases

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Source: AeroVironment Inc.
  • Woolsey fire destroyed 88% of National Park Service land within the Santa Monica Mountains National Recreation Area
  • AeroVironment Quantix™ drone & Decision Support System™ data analytics platform delivered drone-based aerial imagery and actionable intelligence to guide disaster assessment and recovery efforts
  • Company’s Unmanned Aircraft Systems Flight Operations and Geographical Information Systems teams supporting National Park Service rangers and scientists to develop long-term environmental recovery and park rebuilding strategy

SIMI VALLEY, Calif., Dec. 4, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced it is supporting the National Park Service Inventory and Monitoring Program to assess the environmental impact of the Woolsey wildfire in the Santa Monica Mountains National Recreation Area of Southern California. Burning over 96,949 acres, the devastating Woolsey wildfire destroyed more than 616 park structures and consumed approximately 88% of National Park Service land within the recreation area. Considered one of Los Angeles’ most cherished open spaces featuring hiking trails and historic structures, the Santa Monica Mountains National Recreation Area is also home to a wide variety of indigenous plants and animals, including multiple protected and endangered species.

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Source: AeroVironment Inc.

  • Puma all-environment system supports ground, riverine and maritime missions
  • United States Department of Defense Foreign Military Sales program facilitates interoperability among U.S. and allied forces

MONROVIA, Calif., Nov. 6, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced it received a $3,228,856 firm-fixed-price contract on Sept. 14, 2018 from the U.S. Department of Defense to provide RQ-20B Puma AE II small unmanned aircraft systems, training and support to an allied nation in the U.S. Indo-Pacific Command (INDOPACOM) area of responsibility.Delivery is anticipated by March 30, 2019.

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Source: AeroVironment Inc.
  • Leaders in their respective fields collaborate to deliver next-generation capabilities to warfighters through fully integrated system solutions
  • Enhanced integration increases automation, decreases workload, and requires fewer operators to deploy and operate unmanned aircraft and loitering missile systems
  • Collaborative projects address the upcoming U.S. Army Next Generation Combat Vehicle and U.S. Marines Armored Reconnaissance Vehicle programs

WASHINGTON, at AUSA, Oct. 8, 2018AeroVironment, Inc. (NASDAQ: AVAV), a leader in unmanned aircraft systems (UAS) and tactical missile systems (TMS), today announced a new strategic relationship with General Dynamics Land Systems (GD), the leader in ground combat vehicles, to produce highly integrated and effective tactical UAS and TMS for armored ground combat vehicles

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Source: AeroVironment Inc.
  • U.S. Government fiscal 2018 operations and maintenance funds of $2.8 million obligated Sept. 30; work to be completed by 2023
  • Raven small unmanned aircraft systems to be deployed in U.S. Southern Command Area of Responsibility:Central America, South America and the Caribbean nations

MONROVIA, Calif., Oct. 4, 2018 - AeroVironment, Inc. (NASDAQ: AVAV) today announced the United States Air Force awarded the company a $13 million indefinite delivery/indefinite quantity (ID/IQ) contract on Sept. 30, 2018 for RQ-11B Raven® small unmanned aircraft systems (UAS) to support Latin American and Caribbean nations.United States Government fiscal 2018 operations and maintenance funds of $2,800,000 were committed at the time of the award.The work is expected to be completed by Sept. 28, 2023.

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Source: AeroVironment Inc.
  • Raven system, with Mantis i23 sensor suite and pocket Remote Video Terminal (p/RVT), greatly enhances missions by adding stand-off/intercept, real-time surveillance and connectivity
  • With proven track record in combat use around the globe, Raven systems operate successfully and reliably from a variety of austere operational environments
  • Portuguese Army joins a growing number of allies adopting and fielding AeroVironment’s family of unmanned aircraft systems

Simi Valley, Calif. Sept. 13, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, announced today the receipt of a fixed-price contract award valued at $5,962,494 from NSPA on August 20, 2018.The contract award encompasses the procurement of Raven® unmanned aircraft systems equipped with Mantis i23 sensors and pocket Remote Video Terminals (p/RVT) for the Portuguese Army, with delivery scheduled over a three-year period.

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Source: AeroVironment Inc.
  • Automated, integrated and easy to use, the highly automated Quantix drone allows West Point cadets to focus on data analytics
  • Builds on AeroVironment’s ongoing collaboration with universities nationwide to support student development and product enhancement

SIMI VALLEY, Calif., July 27, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced its MacCready Works lab has donated automated Quantix™ hybrid drones, spare parts and AeroVironment’s Decision Support System (AV DSS™) analytics software to West Point to support the military academy’s Center for Innovation and Engineering and Geography and Environmental Engineering Department.

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Source: AeroVironment Inc.
  • Army secures continued support for its fleet of Puma Long Range Reconnaissance Surveillance (LRRS) and Raven Medium Range Mobile (MRM) UAS
  • Raven and Puma continue to support US Army soldiers with critical situational awareness anywhere, anytime
  • Sustainment of Raven and Puma fleets ensures operational readiness

MONROVIA, Calif., July 9, 2018AeroVironment, Inc. (NASDAQ: AVAV) announced that on April 10, 2018 the United States Army selected the Company and six other suppliers for small Unmanned Aircraft Systems (UAS) sustainment under a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract. The seven awardees will compete for LRRS and MRM UAS, Tactical Open Architecture Controller system and spare and repair parts procurement task orders over the duration of the contract.The maximum value of the contract is $248 million over five years.

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Source: AeroVironment Inc.
  • New space endeavor draws on company’s unique and diverse history of innovation and high-altitude drone flight experience
  • Drone prototypes have passed rigorous tests in simulated Mars atmosphere
  • Final Mars-bound helicopter now in production at JPL

MONROVIA, Calif., July 3, 2018 – What does a company do when its trailblazing and diverse innovations for nearly half a century have redefined how the world drives and flies? When its many technological “firsts” include the first practical electric car, flying the Nano Hummingbird drone, record-setting, solar-powered aircraft flights in near space, and reshaping the battlefield with portable, hand-held, tactical drones and loitering munitions?

It takes on another world.

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Source: AeroVironment Inc.

MONROVIA, Calif., July 3, 2018AeroVironment, Inc. (NASDAQ: AVAV), a leader in unmanned aircraft systems and tactical missile systems, today announced that on June 29, 2018 it completed the previously announced divestiture of its Efficient Energy Systems (EES) business to Webasto Group. The purchaser paid the Company $32 million in cash at closing, which excludes a holdback amount of $6.5 million, and remains subject to certain post-closing adjustments, and the purchaser assumed certain liabilities. The holdback amount will be payable to the company upon the receipt of certain approvals and consents from certain EES business customers. The company expects proceeds from the divestiture to be accretive to U.S. GAAP earnings in the first fiscal quarter of 2019.

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Source: AeroVironment Inc.

Automotive system supplier strengthens global electric charging footprint with additional competence

Stockdorf/Munich (Ger.) / Monrovia, Calif., June 4, 2018 – Webasto Group, one of the 100 leading suppliers to the automotive industry worldwide, and AeroVironment (NASDAQ: AVAV), a leader in unmanned aircraft systems (UAS) for both defense and commercial applications and tactical missile systems (TMS), announced Webasto’s agreement to acquire AeroVironment’s Efficient Energy Systems (EES) business segment for $35 million, subject to customary post-closing adjustments and indemnification agreements. Webasto will retain all existing EES employees, while strengthening its longterm E-mobility strategy.

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